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NYTimes public editor questions whether incoming CEO is 'right person for the job'
The New York Times public editor has questioned whether incoming chief executive Mark Thompson, the former head of the BBC, is fit to...
Off-color remark lands ice cream maker in hot water
The CEO of a 100-year old Montana ice cream maker has offered to resign after he made what was perceived to be a racist remark on the...
JPMorgan harpoons the 'London Whale,' report says
JPMorgan Chase reportedly has let go of the infamous "London Whale," Bruno Iksil, aka Voldemort, whose massive hedging bets led to a $2...
JPMorgan loses top woman exec in $2B trading snafu
Wall Street, not known for gender diversity in its upper echelons, just lost one of its top-ranking women executives Monday. Ina Drew,...
JPMorgan loses top woman exec in $2B trading snafu
Wall Street, not known for gender diversity in its upper echelons, just lost one of its top-ranking women executives Monday. Ina Drew,...
Picture this: Bankrupt Kodak wants to give $13.5 million in bonuses
Eastman Kodak Co. has filed a request with the district court overseeing its Chapter 11 bankruptcy asking for permission to pay around...
Goldman Sachs exec Greg Smith quits, saying environment at firm is 'toxic'
In a very public and scathing resignation letter, Goldman Sachs executive director Greg Smith has called the atmosphere at the massive...
Warren Buffett: We've always had a preferred successor
Billionaire investor Warren Buffett says Berkshire Hathaway's plan at some point to replace him hasn't really changed. Buffett said on...
Clawback provisions go mainstream, add reach
It's still early in the year, but "clawback" could be the word that haunts bankers' dreams in 2012. After prodding from New York City...