corporations

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Fear of Feds Censors Corporate Tweets

Some complain personal touch disappearing

(Newser) - More big firms are using blogs and Twitter to keep the world up-to-date on company matters—but personal styles are colliding with federal corporate-communications rules, the Wall Street Journal reports. Firms like eBay are now adding disclaimers to once-casual tweets, leaving some readers cold. “There’s much more of...

'08 Saw More Raises for CEOs: Survey

(Newser) - More American CEOs than not received raises in 2008, Reuters reports. An AFL-CIO poll of 946 chief executives saw 480 with increased pay, while 463 took a cut. Salaries were up 7%, too; execs with raises earned an average of $5.4 million, while those who saw cuts took in...

GE's Immelt Lacks Options
 GE's Immelt 
 Lacks Options 
ANALYSIS
Apr 3, 2009 2:32 PM CDT

GE's Immelt Lacks Options

CEO needs to shrink, simplify the business, but can't

(Newser) - Don’t envy GE’s Jeffrey Immelt. Though his core business remains profitable, the CEO presides over a huge, unwieldy empire. Parts of the conglomerate, like GE Capital, have tanked the entire corporation’s share price and caused it to lose its prized AAA credit rating. Worse, Immelt may  have...

Walgreens Woos Employers With at-Work Health Care

(Newser) - Walgreens is amping up its effort to interest corporate and government employers in its network of clinics and workplace health centers, the Wall Street Journal reports. The company aims to build on its base of 350-plus corporate clients, and has been steadily snapping up concerns that cater to them. Under...

Exec Pay Likely to Stay in Stratosphere
Exec Pay Likely to Stay
in Stratosphere
ANALYSIS
Dec 21, 2008 7:13 AM CST

Exec Pay Likely to Stay in Stratosphere

Gov't measures to curb cash have backfired with strategies to win execs even more

(Newser) - Will the financial crisis slash the pay of executives who helped get us into the mess? Probably not, if past trends continue, writes David S. Hilzenrath in the Washington Post. When government in the past has fought to curb bosses’ cash flow, corporate boards have generally found a way to...

SEC Wants US Firms to Switch to International Accounting

Multinationals would change first under plan

(Newser) - The Securities and Exchange Commission is planning to require US companies to switch to international accounting rules, the Wall Street Journal reports. The body voted today to seek public comment on a plan for the transition, which would stagger requirements. Large multinational firms would be expected to voluntarily switch in...

Obama, McCain Woo CEOs to Shore Up Economic Cred

Candidates try to make up for their lacking economic records

(Newser) - John McCain and Barack Obama are doggedly courting CEOs of leading businesses in an effort to win voters' economic confidence, the Wall Street Journal reports. Each candidate has already lined up a corps of "poster CEOs," including the FedEx chairman, who is supporting McCain, and Warren Buffet, who...

CEOs Live the Good Afterlife
 CEOs Live the
 Good Afterlife 
Jun 10, 2008 9:23 AM CDT

CEOs Live the Good Afterlife

Lavish 'severance' payments go to heirs if bosses die at the helm

(Newser) - Corporate critics who say there is not enough connection between performance and executive pay may be gravely concerned to learn that many execs will keep getting sky-high bonuses when they're 6 feet under. A Wall Street Journal review finds dozens of CEOs will receive "golden coffin" payments if they...

Behind Organic Labels Lurk Megacorporations

The nation's top 30 food processors have quietly cornered the green market

(Newser) - Yes, your probiotic flaxseed Kashi cereal is still organic, but shoppers looking to stick it to the man by going green be advised: the nation's top 30 corporate food processors—think Pepsi, Kellogg, Kraft, General Mills—have been quietly buying up vast swaths of the organic aisle of your supermarket,...

For Sale: Video Vault of Wal-Mart Inner Workings

Spurned by retailer, production company sells years of footage

(Newser) - A tiny production company has decades of behind-the-scenes moments from Wal-Mart on film—and up for grabs. The chain hired Flagler Productions to film its inner workings for corporate events, but fired it two years ago, the Wall Street Journal reports. After Wal-Mart low-balled Flagler on the archive, it’s...

Justice Makes Corporate Deals, Avoids Trials

'Deferred prosecutions' cheaper, but may tempt companies to cheat

(Newser) - Instead of indicting major corporations for fraud and other forms of malfeasance, the Bush administration is relying more and more on deferred prosecutions, allowing companies to pay a fine and accept monitoring instead of going to trial. The name of the monitor and the details of the agreement are often...

Guess Who: Ralph Flirts With Bid
Guess Who: Ralph Flirts With Bid
Jan 30, 2008 1:41 PM CST

Guess Who: Ralph Flirts With Bid

Kucinich exit might just make room for third-party presidential try

(Newser) - Well, hello again: Ralph Nader has revealed an exploratory presidential website, telling Politico that Dennis Kucinich’s exit leaves an electoral niche that might just fit him. Said the consumer advocate-turned-third-partier, "We’re testing the waters on the overriding issue of corporate control, of our political economy, and anything...

No-Email Days Slow Inbox-mania
No-Email Days Slow Inbox-mania
Oct 20, 2007 6:48 AM CDT

No-Email Days Slow Inbox-mania

no-email days; are computers next?

(Newser) - For those of us who haven't spoken face-to-face with the guy two cubicles down in months, the BBC reports a growing trend of no-email days. Shutting down the inbox, which some workers are found to check 30-40 times hourly, is seen as a way to improve communication and decrease interruptions....

US Firms Fund Colombian Terror Groups

Multinationals' payoffs to paramilitaries run afoul of antiterror laws

(Newser) - Business as usual for US multinationals in Colombia involves paying off paramilitaries and guerrillas, a practice that offers "insurance" against violence—and violates US law. The LA Times looks at the tension between protecting economic investments and essentially if not directly foiling counterterrorism efforts, a conflict that has the...

Big Business Turns Blue
Big Business Turns Blue
Apr 30, 2007 7:26 AM CDT

Big Business Turns Blue

Companies fill Dems' war chests, seeking traction with ruling party

(Newser) - Corporate America is shifting campaign contributions from GOP soulmates to Democrats, eager to bond with new legislative gatekeepers. Coffers aren't swelling across the board, though; a Wall Street Journal analysis shows pro-business Dems are pulling in most of it. General Dynamics, Honeywell International, Home Depot. and Aflac are among those...

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