Corporate Management

Peru's congress launches process for president's ouster

Dec 16, 2017

Lawmakers in Peru initiated proceedings Friday to oust President Pedro Pablo Kuczynski, who refuses to resign after being accused of failing to disclose decade-old payments from a Brazilian company embroiled in Latin America's biggest corruption scandal.

Procter & Gamble agrees to add activist investor to board

Dec 16, 2017

Procter & Gamble is adding Nelson Peltz to its board of directors, ending a proxy battle with the activist investor seeking to shake up the consumer products giant

A health setback for Hunter Harrison punishes CSX stock

Dec 15, 2017

Shares of CSX are tumbling after CEO Hunter Harrison takes a medical leave

DVF's chief creative officer steps down

Dec 15, 2017

Fashion house DVF, founded by designer Diane von Furstenberg, says chief creative officer Jonathan Saunders is stepping down.

Airbus shakes up top management amid legal woes

Dec 15, 2017

European airplane maker Airbus says chief executive Tom Enders will step down in April 2019

Scott M. Mills to become new BET president

Dec 14, 2017

Black Entertainment Television will soon have a new president

NYT publisher stepping down, to be succeeded by son

Dec 14, 2017

The publisher of the New York Times Company is stepping down after 25 years

Ecuador VP sentenced to 6 years in Odebrecht corruption case

Dec 14, 2017

Ecuador's vice president was sentenced to six years in jail Wednesday after a court convicted him of illicit association in a scheme to accept bribes from Brazilian construction giant Odebrecht

Spirit Airlines picks insider to become next CEO in 2019

Dec 13, 2017

Spirit Airlines' chief financial officer will become the budget carrier's next CEO in 2019

Venezuela orders probe into ex-oil czar, UN ambassador

Dec 12, 2017

The chief prosecutor in Venezuela says his office has launched a probe into the country's former oil czar and ambassador to the United Nations