Lack of board oversight during the News of the World phone-hacking scandal and excessive compensation are cited as reasons by advisory firms to reinvent board of directors.
Netflix Inc reversed an unpopular decision to put its DVD video rental business on a separate website and rename it Qwikster, saying both DVD and online streaming services will stay on the same website.
Less than a month after renaming its physical DVD service Qwikster and separating it from the core Netflix brand, Netflix has reversed course, announcing that both the streaming and DVD services will operate from the Netflix website.
Netflix Inc Chief Executive Reed Hastings reversed an unpopular decision to separate his company's DVD rental business and online video streaming service, sending the stock up 7 percent in early trading.
On Monday, Netflix announced that it is killing Qwikster.
Bertelsmann Chairman and CEO Hartmut Ostrowski is resigning from his position effective at yearend, the company announced Monday.
Proxy Advisory firm Glass Lewis & Co. has told shareholders of News Corporation that they should vote against six directors, including Chairman and CEO Rupert Murdoch's sons James and Lachlan, for re-election to the company board.
Reliance Industries, India's largest listed firm, is set to sign a deal with the Indian unit of Walt Disney, to acquire content for its telecom operations, the Financial Times said.
Starbucks Corp is finalising an equity joint venture with Tata Coffee Ltd for opening coffee shops in Asia's third-largest economy, the Times of India reported on Monday.
If you like to watch big, multi-national entertainment companies count gobs of money and boast about who has more, we are fast approaching that time of year.
Columbus Day gives us a chance to be a bit thrifty before the holidays and enjoy some great Columbus Day sales. Here’s a guide of 35 places you can save on some great deals and score bargains on your Monday off from work (if you are so lucky) both online and in stores on Oct. 10, 2011. Happy savings!
Incredibly, U.S. home mortgage rates continue to trend lower -- the average 30-year, fixed rate is now 4.07 percent, and they could drop even lower. Still, given soft home prices, jumping into the housing market is hardly a slam-dunk no-brainer, and here are five factors to consider before buying a home.
While Steve Jobs' death is being talked by many and posts of “Steve Jobs RIP” are piling up in Twitter, Westboro Baptist Church is planning to picket at the Apple co-founder’s funeral, although the funeral details have not been revealed to the public.
The New York Times has sold the film and television database Baseline StudioSystems to Project Hollywood, the company announced late on Friday.
Given the likelihood one of the biggest rivals of the iPhone 4S will be the Samsung Galaxy S2, it will be interesting to have a comparison of the features of the two competitors.
The United Auto Workers union has summoned local officials representing some 26,000 Chrysler Group LLC workers to Detroit as contract talks with the No. 3 U.S. automaker near a turning point.
Sony has picked up the movie rights to Walter Isaacson's upcoming biography of Steve Jobs for Mark Gordon to produce, TheWrap has confirmed.
Shares of Illumina Inc (ILMN.O) fell 35 percent and dragged down its peers on Friday, a day after the maker of genetic analysis tools forecast a weak third quarter on uncertainty related to research funding in the United States and Europe.
Indictments of 111 people were handed up Friday in one of the largest identity-theft busts of its kind in the U.S., with thousands of victims in Europe, the Middle East, and China. Thus far, 86 people are in custody and the rest are being sought.
California Attorney General Kamala Harris remains open to a deal with large U.S. banks in multi-state mortgage negotiations provided it involves a stronger proposal from lenders, the Wall Street Journal reported.
In a letter to employees, Motion Picture and Television Fund CEO Bob Beitcher seemed to acknowledge that a deal with Providence Health & Services had collapsed.
Walt Disney Co Chief Executive Bob Iger will step down as CEO in March 2015 after nearly a decade at the helm, setting in motion a succession plan for the largest U.S. media and entertainment company.
The FDA has approved a combination drug for diabetes and high cholesterol.
The death of Apple's visionary Steve Jobs has turned the spotlight to the lesser-known facets of his personal life with his wife and four children.
Alexza Pharmaceuticals Inc said it has entered into a marketing partnership with privately held Grupo Ferrer International for its drug to treat agitation in patients with schizophrenia or bipolar disorder.
Sony Corp has secured financing from an Abu Dhabi investment fund to back its bid for British music company EMI, a media report said, an acquisition that would beef up its content catalogue as it struggles to compete with Apple .
The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support.
MetLife Inc (MET.N), the largest life insurer in the United States, said on Thursday it would take up to $275 million in third-quarter charges, in part to increase reserves for policies where it may know the holder is dead but no claim has been filed.
Here are some key quotes from Steve Jobs, the legendary co-founder and former chief executive of Apple Inc (AAPL.O), who died on Wednesday after a years-long battle with cancer.
It’s probably fitting that on the day Steve Jobs died the company he co-founded was vying for the crown of most valuable with Exxon Mobil, the legacy of an earlier titan of commerce, John D. Rockefeller. In the early 20th century it was Rockefeller who had the vision to remake entire industries and help modernize the U.S. economy while creating vast fortunes in the process.
