ISS Challenges Sprint CEO's Pay Package

Related Link: 

The biggest proxy adviser is challenging the nearly $49 million 2013 pay package given to Sprint Corp.'s chief executive and opposing the re-election of a board member to the compensation committee.

GM's Profit Tumbles 80%

Related Link: 

GM reported an 80% drop its second-quarter net profit, with earnings hit by $2.5 billion in pretax charges related to vehicle recalls and money set aside to fund a compensation plan for victims of crashes linked to defective ignition-switches.

Hepatitis C Pill Rockets Gilead Into Big Leagues

Related Link: 

Gilead Sciences's new hepatitis C treatment, Sovaldi, had $3.48 billion in second-quarter sales, more than expected, continuing its historic drug launch.

Caterpillar Trims Its Forecast

Related Link: 

Caterpillar posted a 4% increase in profit for the second quarter but reined in its forecast for second-half sales.

Wal-Mart's U.S. Chief to Leave

Related Link: 

Wal-Mart's U.S. chief, Bill Simon, who struggled to lift sales as it fought off competition from dollar stores and online retailers, will leave the company Aug. 8, the retailer said.

Google Grants Over Half of 'Right to Be Forgotten' Requests

Related Link: 

Google Inc. has approved just over half of its received requests to remove Web-page links from individual name-search results in Europe, according to a person familiar with the matter

LVMH Profit Drops, Hurt by Exchange Rates

Related Link: 

Luxury goods giant LVMH Moët Hennessy Louis Vuitton said its first-half profit dropped 4% despite a small sales increase, showing the sector's vulnerability to fluctuations in exchange rates.

Glaxo Files Its Entry in Race for a Malaria Vaccine

Related Link: 

An experimental malaria vaccine GlaxoSmithKline filed with regulators Thursday could help fight one of the world's biggest killers—but a rival compound partly developed in a Maryland kitchen could prove even more effective.

U.S. Seeks New Rules for Rail-Shipped Fuel

Related Link: 

The U.S. government wants to phase out thousands of railroad tank cars that carry crude oil and ethanol within two years, as part of proposed rules to upgrade safety for trains carrying flammable fuels.

McDonald's Sticks With Chinese Meat Supplier

Related Link: 

McDonald's said it will continue to use a longtime meat provider in China, except for the Shanghai facility accused of selling expired chicken and beef. The decision underscores the difficulty in finding safe food suppliers in China.

Syndicate content