Economy Aug 04 Musk is getting millions of Tesla shares worth about $29 billion after judge ordered his pay package revoked By Michelle Chapman, Associated Press
Arts Apr 03 Disney shareholders back CEO Iger, rebuff shareholders who wanted to shake up the company Disney shareholders have rallied behind longtime CEO Robert Iger. They voted Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo, who had sought seats on the company's board. By Associated Press
Nation Mar 10 Column: The biggest scam bankrupting business and the middle class Corporate profits, as a percent of GDP, have doubled in the past 40 years. But where's that money going? Not to hiring, paying higher wages or investing in equipment. Corporations are instead using their profits to further reward shareholders. And… By Nick Hanauer
Economy Feb 14 Watch American Airlines and US Airways Merge to Become World's Largest Airline American Airlines and US Airways announced Thursday that the two companies will merge, creating the world's largest airline. The $11 billion deal will affect some 187 million passengers who fly the two airlines annually. Jeffrey Brown has the latest on…
Economy May 15 Watch FBI to Probe JPMorgan Practices After Trading Loss At an annual shareholders meeting in Florida Tuesday, JPMorgan CEO Jamie Dimon apologized for the company's recent losses and survived a pair of shareholder votes on his pay and job responsibilities. Judy Woodruff discusses the turmoil -- including news of…
Apr 18 Watch Citigroup Shareholders Assert Say Over CEO's Pay Shareholders publicly rebuffed Citigroup Tuesday at an annual meeting, rejecting a $15 million CEO pay package. Margaret Warner discusses the implications amid a national debate over income equality with Anne Simpson of the California Public Employees' Retirement System and Russell… Continue watching
Nov 02 CIT Bankruptcy Produces Winners and Losers CIT, a major lender to small U.S. businesses, filed on Sunday for one of the largest Chapter 11 bankruptcy protections in history. Continue reading
Jun 01 GM Files for Bankruptcy Protection; Judge OKs Chrysler Asset Sale By Admin, PBS News Hour General Motors, a longtime cornerstone of American industrial power, filed for bankruptcy protection Monday morning and embarked on a broad restructuring, paving the way for the struggling automaker to receive another $30 billion in taxpayer aid. Continue reading
Apr 23 If GM Is Restructured, What Happens to Shareholders? Question: If General Motors is “restructured” (either through the bankruptcy courts or outside the bankruptcy courts), will the shareholders lose all of the stocks they currently own? Or, as long as GM is a viable company traded on the… Continue reading
Feb 08 Watch Private Equity Firms Popularity Changes Business Landscape Blackstone Group, a private equity firm, acquired Equity Office Properties Trust for $39 billion on Wednesday, the largest-ever private equity deal. Two business experts discuss the deal and the future of private equity in the business world. Continue watching