Jim Ottaway Jr, whose family is one of Dow Jones & Co Inc's largest shareholders, opposes News Corp's $5 billion buyout bid, fearing it would cost The Wall Street Journal its editorial integrity.
Thai Finance Minister Chalongphob Sussangkarn (above right) said the baht is more stable than before, when there were only one-way bets on the currency's rise.
Shareholder activist Carl Icahn (right) is gaining support for his campaign to win a seat on Motorola Inc's board as his three-month battle with Chief Executive Officer Ed Zander draws to a conclusion today.
Shopping, meeting shareholders, and of course the chance to see famed 76-year-old investment guru Warren Buffett, were the attractions at this year's annual meeting of Berkshire Hathaway in Omaha, Nebraska.
Ex-Apple Inc Chief Financial Officer Fred Anderson will pay $3.5 million to settle US claims over backdated stock option grants approved by Chief Executive Officer Steven Jobs, a person familiar with the case said, making Anderson the highest profile finance chief ensnared in the probe.
Siemens' supervisory board is split on the question of whether to renew Chief Executive Klaus Kleinfeld's contract as some board members agitate for a fresh start, sources familiar with the matter said.
The crisis in the US mortgage market has hurt US auto sales this month, said a senior General Motors Corp executive in one of the highest-profile warnings on the risk of spillover from weaker housing to other areas of the economy.
Honda Motor Co President Takeo Fukui (right), who spent his career improving the automaker's Accord, is betting that a new version of the car will bolster profits.
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