Corporate Management

Ex-president, ex-CEO are latest snared in Brazil graft probe

Aug 22, 2017

Brazilian authorities have approved a graft probe targeting former President Fernando Collor de Mello and also filed charges against a former CEO of state oil company Petrobras

Venezuela leader brands ousted chief prosecutor a fugitive

Aug 22, 2017

Venezuelan President Nicolas Maduro has branded the nation's ousted chief prosecutor a fugitive from justice as she flew to Brazil promising to "show the world" proof that he is involved in serious acts of corruption

Angola's dos Santos to quit after 38 years in power

Aug 22, 2017

Angolans vote Wednesday in an election that will see President Jose Eduardo dos Santos quit after nearly four decades in power

AP Sources: GE's Immelt among finalists in Uber CEO search

Aug 21, 2017

Former General Electric CEO Jeffrey Immelt is among the finalists being considered to run ride-hailing company Uber, but there's no clear consensus on Uber's board about a front-runner, two people briefed on the search said Monday

Former Uber CEO lashes out at VC firm suing company

Aug 18, 2017

Former Uber CEO Travis Kalanick is skewering a lawsuit filed by a former ally, describing it as a malicious attempt to sever his remaining ties to the ride-hailing service that he co-founded

Investment Management

Billionaire suggests black senator worse than Ku Klux Klan

Aug 11, 2017

A billionaire hedge fund executive has apologized for an online post saying a black New York state senator has done "more damage to people of color than anyone who has ever donned a hood."

Convicted 'Pharma Bro' has an image problem, lawyer concedes

Aug 5, 2017

Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide 'Pharma Bro' persona on social media, has been convicted at his federal securities fraud trial

The Latest: Shkreli upbeat, defiant after NYC conviction

Aug 4, 2017

Former pharmaceutical CEO Martin Shkreli is upbeat and defiant following his conviction at his New York City securities fraud trial

Avon CEO McCoy will leave the company

Aug 3, 2017

Avon CEO Sheri McCoy will leave the struggling beauty products early next year

The Latest: Shkreli jury ends day 1 of deliberations

Jul 31, 2017

Jurors in New York have finished their first day of deliberations in the federal securities fraud trial of former pharmaceutical CEO Martin Shkreli without reaching a verdict