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

UK subprime lender loses two-thirds of value as CEO quits

Aug 22, 2017

Shares in Provident Financial, a British sub-prime lender, have more than halved after the company's chief executive announced he was leaving with immediate effect following another profit warning

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

Ousted Venezuela prosecutor ties exit to investigation

Aug 18, 2017

Venezuela's ousted chief prosecutor has told the region's other prosecutors that President Nicholas Maduro removed her to stop a probe linking him and his inner circle to nearly $100 million in bribes from Brazilian construction company Odebrecht

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

Indian IT company Infosys CEO Vishal Sikka resigns

Aug 18, 2017

Infosys CEO Vishal Sikka resigns following differences with company's founders

New Ford CEO says company will balance present with future

Aug 17, 2017

The new CEO of Ford Motor Co. says the company isn't taking its eyes off the present as it prepares for transportation in the future

The Latest: Trump disbands business panel as fallout spreads

Aug 17, 2017

President Donald Trump has abruptly disbanded two of his White House business councils in the latest fallout from his combative comments on racially charged violence in Charlottesville, Virginia