Latest Corporate management News

Democratic presidential candidate Mike Bloomberg speaks during a campaign event at Hardywood Park Craft Brewery in Richmond, Va., Saturday, Feb. 15, 2020. (James H. Wallace/Richmond Times-Dispatch via AP)

Bloomberg would sell business interests if elected president

Feb. 19, 2020 6:47 AM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)

Bloomberg would sell business interests if elected president

Feb. 18, 2020 9:10 PM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

FILE - This April 25, 2016, file photo shows the top of the Tribune Tower on Michigan Avenue in Chicago. Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media, the Chicago-based company said in a statement Monday, Feb. 3. 2020. (AP Photo/M. Spencer Green, File)

2 top execs stepping down at publisher Tribune amid turmoil

Feb. 18, 2020 8:32 PM EST

Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, andgrapples with a decline in revenue as the print-ad business shrinks. The Chicago-based company, which owns the Chicago Tribune, New York Daily...

DuPont chairman assuming duties of CEO

Feb. 18, 2020 6:25 PM EST

WILMINGTON, Del. (AP) — DuPont Co. said Tuesday that its executive chairman is assuming the duties of CEO. Ed Breen will replace Marc Doyle as chief executive effective immediately, the company said. The move is part of a plan to tap Breen's management experience and speed up improvements in DuPont's...

Venezuelan President Nicolas Maduro gives a press conference at Miraflores presidential palace in Caracas, Venezuela, Friday, Feb. 14, 2020. Maduro said Friday that authorities haven’t detained opposition leader Juan Guaido because the courts haven’t ordered it, but he warned: “It will come.” (AP Photo/Ariana Cubillos)

US sanctions Russian oil trading firm for role in Venezuela

Feb. 18, 2020 3:22 PM EST

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in the South American country. Administration officials said...

FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses.  The words behind reads

GM plans to pull out of Australia, New Zealand and Thailand

Feb. 17, 2020 7:29 AM EST

DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to wind...

Oregon state Sen. Jeff Golden speaks to demonstrators opposed to a plan to build a natural gas pipeline and marine export terminal in Oregon, at the Department of State Lands in Salem, Ore., Tuesday, Feb. 4, 2020. Golden said he expects the battle to go to the courts if the Trump administration tries to ram the project through despite denials of state permits. Demonstrators held signs depicting salmon, which environmentalists say are among fish species that would be impacted by the proposed 230-mile (370-kilometer) feeder pipeline and export terminal. (AP Photo/Andrew Selsky)

Trump appointees weigh plan to build pipeline in Oregon

Feb. 14, 2020 5:17 PM EST

SALEM, Ore. (AP) — Thursday was the day that a federal agency had been expected to make a decision on a proposed natural gas pipeline and marine export terminal in Oregon, and both opponents of the project and the Canadian energy company behind it awaited word from Washington. But Thursday came and went,...

FILE - In this Tuesday, Sept. 28, 2004, file photo, Tiffany Carr, executive director of Florida Coalition Against Domestic Violence, left, speaks at a news conference held by Gov. Jeb Bush, background right, to announce a public awareness campaign designed to prevent disaster-related domestic violence, in Tallahassee, Fla. On Thursday, Feb. 13, 2020, Florida Gov. Ron DeSantis ordered an investigation into a nonprofit domestic abuse agency whose CEO, Carr, had received $7.5 million in compensation over a three-year span. (AP Photo/Phil Coale, File)

Florida probes domestic violence agency that paid CEO $750K

Feb. 13, 2020 8:20 PM EST

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Thursday ordered an investigation into a nonprofit domestic abuse agency whose CEO had received $7.5 million in compensation over a three-year span. The House also voted to subpoena the Florida Coalition Against Domestic Violence's board of directors...

High salaries for Travel Oregon execs called out in audit

Feb. 13, 2020 5:54 PM EST

SALEM, Ore. (AP) — Pay for the director and other managers of Oregon’s travel bureau is among the highest of any state agency, even though Travel Oregon has a much smaller staff and budget, according to a state audit released Thursday. Since 2012, managers’ salaries ballooned by 76%, The...

FILE - In this March 29, 2018 file photo, President Donald Trump poses for members of the media with then White House Communications Director Hope Hicks on her last day before he boards Marine One on the South Lawn of the White House in Washington. Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House. Hicks will be serving as counselor to the president, working with presidential son-in-law and senior adviser Jared Kushner.  (AP Photo/Andrew Harnik)

Trump bringing back trusted aide Hope Hicks to White House

Feb. 13, 2020 5:54 PM EST

WASHINGTON (AP) — Hope Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House as the president works to surround himself with loyalists as his reelection campaign moves into high gear. Hicks, a former White House communications director who was one of...