Latest Corporate management News

J. Crew hires former Victoria's Secret exec to take helm

Jan. 28, 2020 5:19 PM EST

NEW YORK (AP) — J. Crew has named a former Victoria's Secret executive to take over its helm. The clothing chain said Tuesday that Jan Singer will become CEO starting Sunday. Singer will join J. Crew's board and assume all aspects of the J. Crew and J. Crew Factory brands and businesses. J. Crew has been...

FILE - In this July 8, 2019, file photo, national security adviser John Bolton speaks at the Christians United for Israel's annual summit, in Washington.  A single paper copy in a nondescript envelope arrived at the White House on Dec. 30. Four weeks later, news of John Bolton’s book manuscript about his time as President Donald Trump’s national security adviser has exploded into public view, sending a jolt through the president’s impeachment trial. (AP Photo/Patrick Semansky, File)

Trial highlights: Bolton takes center stage from afar

Jan. 28, 2020 3:40 AM EST

WASHINGTON (AP) — Former national security adviser John Bolton took center stage at President Donald Trump's impeachment trial even though he was nowhere near the Capitol. Bolton's claims in a forthcoming book — that Trump told him he wanted to withhold security aid from Ukraine until it launched...

FILE - In this Aug. 4, 2017, file photo, Martin Shkreli leaves federal court in New York while on trial for deceiving investors in a pair of failed hedge funds. On Monday, Jan. 27, 2020, New York state and federal authorities sued the imprisoned Shkreli, also known as

NY, feds sue 'Pharma Bro' for 'scheme' to keep drug price up

Jan. 27, 2020 8:28 PM EST

NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face of pharmaceuticals...

People wait to vote at a school being used as a polling station during congressional elections in Lima, Peru, Sunday, Jan. 26, 2020. Peruvians are voting to elect 130 new members of the congress that will legislate for only one year in place of the congress that was dissolved by president Martin Vizacarra in September 2019. (AP Photo/Martin Mejia)

No party emerging as clear winner in Peru congress elections

Jan. 26, 2020 11:09 PM EST

LIMA, Peru (AP) — A hodgepodge of mostly centrist parties led early results in Peru’s election Sunday to replace the 130-seat congress dissolved by President Martín Vizcarra in his campaign to extinguish pervasive corruption. Early counts from the National Office of Electoral Processes and a...

FILE - In this Oct. 10, 2017, file photo, various Grammy Awards are displayed at the Grammy Museum Experience at Prudential Center in Newark, N.J. The academy, which puts on the 62nd Grammys on Sunday, Jan. 26, 2020, says nominees are selected from a list of contenders who are voted into the top 20 in each category. But some people view the voting process as less than transparent, since the choice of finalists happens behind closed doors. (AP Photo/Julio Cortez, File)

Doubts loom over nominating process for Grammy Awards

Jan. 24, 2020 10:43 PM EST

LOS ANGELES (AP) — Questions have loomed for years around the nominations process for the Grammy Awards. But the doubts reached a new level this week after the Recording Academy's just-ousted CEO claimed the show is rigged and full of conflicts of interest. The academy, which puts on the 62nd Grammys on...

In this picture taken Tuesday, Jan. 7, 2020, a Christ statue overlooks El Alto, a city adjoining the capital city La Paz, Bolivia. Ancestral indigenous practices became more visible during the presidency of Evo Morales, who recognized the Andean earth deity Pachamama. While Bolivians are divided on former President Morales' legacy, the interim President Jeanine Añez wants to make the Bible front and center in public life. (AP Photo/Natacha Pisarenko)

Bolivia religious debate: The Bible vs Andean earth deity

Jan. 24, 2020 9:16 PM EST

LA PAZ, Bolivia (AP) — Hoisting a large leather Bible above her head, Bolivia’s new interim president delivered an emphatic message hours after Evo Morales fled under pressure, the end of a nearly 14-year presidency that celebrated the country’s indigenous religious beliefs like never before....

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Amid scandal, 'Africa's richest woman' sells European assets

Jan. 24, 2020 11:03 AM EST

LISBON, Portugal (AP) — The billionaire daughter of a former African leader is shedding some of her investments in Europe after she came under official investigation for alleged money-laundering and corruption. Isabel dos Santos has invested heavily in recent years in Portugal, the former colonial ruler...

This undated image released by Knopf shows Reagan Arthur, newly named executive vice president and publisher of Alfred A. Knopf.  She succeeds the longtime Knopf publisher Sonny Mehta, who died in December. (Michael Lionstar/Alfred A. Knopf via AP)

Knopf names Reagan Arthur as its new publisher

Jan. 23, 2020 3:35 PM EST

NEW YORK (AP) — One of the world's most prestigious literary publishers has chosen just its fourth editorial leader in its 105-year history: Reagan Arthur has been named executive vice president and publisher of Alfred A. Knopf, where authors have ranged from Robert A. Caro to the late Toni Morrison....

In this March 5, 2015 photo, Isabel dos Santos, reputedly Africa's richest woman, attends the opening of an art exhibition featuring works from the collection of her husband and art collector Sindika Dokolo in Porto, Portugal. On Monday, Jan. 6, 2020, Angola's foreign minister Manuel Augusto said that there is no political motivation behind the government's demand for more than $1 billion from dos Santos, her husband and a Portuguese business partner. Isabel dos Santos is a daughter of Jose Eduardo dos Santos, who ruled the oil- and diamond-rich nation for 38 years until 2017. (AP Photo/Paulo Duarte)

Portugal police: Banker in Angola scandal hangs himself

Jan. 23, 2020 10:50 AM EST

LISBON, Portugal (AP) — A Portuguese banker named in a major Angolan money-laundering and corruption scandal has died in an apparent suicide at his home, police said Thursday. Nuno Ribeiro da Cunha, named as a suspect by Angolan authorities in an investigation targeting the billionaire daughter of...

Ex-pharma CEO gets over 2 years in prison for bribery scheme

Jan. 22, 2020 8:01 PM EST

BOSTON (AP) — The former head of a drug company was sentenced Wednesday to two and a half years in federal prison in a bribery and kickbacks scheme that prosecutors say helped fuel the opioid crisis. Michael Babich, a Scottsdale, Arizona, resident who was CEO of Insys Therapeutics, was sentenced Wednesday...