Nike Shareholders Concerned About Sponsorships

Related Link: 

Nike executives fielded concerns about risks in athletic endorsements at their annual shareholder meeting in the wake of several high-profile suspensions of sponsored athletes for violent behavior.

TransCanada Defends its Corporate Structure

Related Link: 

TransCanada Corp. Friday defended its corporate structure as the best way to maximize profit and dividend payouts to shareholders, following a report suggesting some activist funds may push to break up the company to boost its share price.

President of China Gold Miner Detained

Related Link: 

China's largest gold producer, Zhongjin Gold, said President Wang Ronghu has been detained by state anticorruption agents.

Regulators Probe Goldman's Internship for Brother of Libyan Ex-Official

Related Link: 

A yearslong probe of Goldman Sachs Group's ties to Libya's sovereign-wealth fund is focusing on an internship and other perks allegedly offered by the Wall Street bank to win business from the Gadhafi regime.

Regulators Probe Goldman's Internship for Brother of Libyan Ex-Official

Related Link: 

A yearslong probe of Goldman Sachs Group's ties to Libya's sovereign-wealth fund is focusing on an internship and other perks allegedly offered by the Wall Street bank to win business from the Gadhafi regime.

Siemens Preps Bid for U.S. Firm

Related Link: 

Siemens is preparing a multibillion-dollar offer for U.S. energy firm Dresser-Rand, according to people familiar with the matter, likely edging out an earlier offer from Swiss rival Sulzer.

New iPhone Goes on Sale

Related Link: 

Apple began sales of its newest iPhones with consumers in Australia becoming the first globally to get their hands on them.

Clorox Names New CEO

Related Link: 

Clorox said Thursday Donald Knauss is stepping down as chief executive officer and will be replaced in that role by the company's chief operating officer, Benno Dorer.

Prada Revenue Rises in First Half

Related Link: 

Italian fashion group Prada SpA, which has been struggling with a sharp slowdown in demand for its accessories, saw sales inch up slightly in the first half, but profits fell, as growth in the Americas and the Middle East offset a decline in its leather goods sales and overall weakness in Europe.

Oil-Price Quirk Sends Crude Out to Sea

Related Link: 

Big oil companies and traders are stashing millions of barrels of crude on massive tankers bobbing in the ocean, in a bid to profit from a quirk in oil markets.

Syndicate content