Latest Corporate management News

A woman passes a fence outside Brooklyn's Green-Wood Cemetery adorned with tributes to victims of COVID-19, Thursday, May 28, 2020, in New York. The memorial is part of the Naming the Lost project which attempts to humanize the victims who are often just listed as statistics. (AP Photo/Mark Lennihan)

The Latest: 400 German managers, workers returning to China

May. 29, 2020 10:43 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Two United Nations peacekeepers serving in Mali have died...

FILE - In this Feb. 11, 2020, file photo, a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. PG&E's chief financial officer, Jason Wells, is expected to face questions Thursday, May 28 about the company's plan to nearly double its debt to almost $40 billion to finance its payments to wildfire victims, insurers and government agencies in the second day of the company's bankruptcy trial. Meanwhile, the Public Utilities Commission will vote on the bankruptcy plan. (AP Photo/Ben Margot, File)

Regulators approve PG&E bankruptcy plan despite safety fears

May. 28, 2020 7:09 PM EDT

BERKELEY, Calif. (AP) — California power regulators on Thursday unanimously approved Pacific Gas & Electric's $58 billion plan for getting out of a bankruptcy caused by a series of deadly wildfires, despite ongoing worries about the utility's ability to safely operate its crumbling electrical grid. The...

President Donald Trump holds up a copy of the New York Post as speaks before signing an executive order aimed at curbing protections for social media giants, in the Oval Office of the White House, Thursday, May 28, 2020, in Washington. (AP Photo/Evan Vucci)

Trump escalates war on Twitter, social media protections

May. 28, 2020 6:59 PM EDT

WASHINGTON (AP) — President Donald Trump escalated his war on Twitter and other social media companies Thursday, signing an executive order challenging the lawsuit protections that have served as a bedrock for unfettered speech on the internet. Announced with fanfare, the president's action yet appeared to...

This image released by Simon & Schuster shows Jonathan Karp, the newly named CEO of Simon & Schuster. Karp replaces Carolyn Reidy, who died on May 12, (Michael Benabib/Simon & Schuster via AP)

Simon & Schuster names Jonathan Karp as new CEO

May. 28, 2020 3:32 PM EDT

NEW YORK (AP) — Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces Carolyn Reidy, who died two weeks ago. Karp, who joined the company in 2010, most recently served as president and publisher of Simon...

President Donald Trump and first lady Melania Trump arrive at Andrews Air Force Base, Md., Wednesday, May 27, 2020, after traveling to Florida. (AP Photo/Evan Vucci)

Twitter fact-checks Trump; he threatens new regs or shutdown

May. 27, 2020 10:40 PM EDT

WASHINGTON (AP) — President Donald Trump, the historically prolific tweeter of political barbs and blasts, threatened social media companies with new regulation or even shuttering on Wednesday after Twitter added fact checks to two of his tweets. He turned to his Twitter account — where else?...

President Donald Trump answers questions from reporters during an event on protecting seniors with diabetes in the Rose Garden White House, Tuesday, May 26, 2020, in Washington. (AP Photo/Evan Vucci)

Trump threatens social media after Twitter fact-checks him

May. 27, 2020 3:47 PM EDT

WASHINGTON (AP) — President Donald Trump threatened social media companies with new regulation or even shuttering on Wednesday after Twitter added fact checks to two of his tweets. He turned to his Twitter account – where else? -- to tweet his threats. The president can’t unilaterally...

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

AMD’S Su, Discovery’s Zaslav among highest paid CEOs

May. 27, 2020 1:35 PM EDT

Here are the highest paid male and female CEOs in the S&P 500 index for 2019, as calculated by The Associated Press and Equilar, an executive data firm. The AP’s compensation study covered 329 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their...

This photo combo shows from left,  General Motors Chairman and Chief Executive Officer Mary Barra, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, Lisa Su, president and CEO of AMD, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)

CEO pay has topped $12.3M. Can it keep rising post-pandemic?

May. 27, 2020 1:30 PM EDT

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical worker at...

FILE - In this May 1, 2019 photo, Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.    (AP Photo/Mark Lennihan, File)

AMD's Lisa Su is first woman to top AP's CEO pay analysis

May. 27, 2020 1:00 PM EDT

Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company's stock during her five years as CEO. The median pay for women on the list was $13.9...

How AP and Equilar calculated CEO pay

May. 27, 2020 12:21 PM EDT

For its annual analysis of CEO pay, The Associated Press used data provided by Equilar, an executive data firm. Equilar examined regulatory filings detailing the pay packages of 329 executives. Equilar looked at companies in the S&P 500 index that filed proxy statements with federal regulators between Jan. 1...