A managing partner at PricewaterhouseCoopers posted a celebrity photo on Twitter backstage at the Academy Awards on Sunday night just minutes before he mistakenly gave an envelope to actor Warren Beatty that set off the disastrous announcement of the wrong best-picture winner.
Uber enshrines “meritocracy and toe-stepping” in a list of 14 corporate values. That culture is now under scrutiny as the company faces allegations from a former engineer who said last week that managers dismissed her sexual-harassment complaints because the accused employee was a top performer.
South Korean prosecutors said they would indict the Samsung conglomerate’s de facto leader Lee Jae-yong on charges of bribery and four other offenses, setting in motion legal proceedings that could put the tycoon behind bars for years.
A soaring U.S. stock market is propelling sales of superluxury cars. Buyers are feeling more confident about shelling out six figures for a set of wheels as market investors have been on a tear in recent months on bets that the Trump administration will enact business-friendly policies.
Japanese automotive supplier Takata pleaded guilty to criminal wrongdoing and agreed to pay $1 billion in penalties for providing misleading testing reports to auto makers on rupture-prone air bags installed in millions of vehicles.
Snap, which this week could become the biggest technology public offering in years, defiantly operates unlike most Silicon Valley outfits, where collaboration and wide-open office spaces are prized. The question is whether this management style and focus on privacy will help the company challenge the Facebook juggernaut.