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The new president of embattled Olympus Corp. on Thursday denied the company’s $687 million payment for financial advice was excessive, while foreign business groups urged Japan to bolster its lagging corporate governance rules to avoid more high-level scandals.
Shuichi Takayama, who was named president Wednesday following the abrupt resignation of Chairman and President Tsuyoshi Kikukawa, sought […]
The rise of social media is pitting people who value privacy against those who want to share their lives with others.
That
Filed under: management, technology by Finance Boss
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British Sky Broadcasting PLC, in which Rupert Murdoch’s News Corp. has a large minority stake, saw its first quarter profits rise further as increasing sales of telephone and broadband packages offset a slowdown in new television subscriptions
The company said Wednesday that profit on continuing operations in the three months to end-September rose by 24 percent […]
Makers of the controversial chemical bisphenol-A have asked federal regulators to phase out rules that allow its use in baby bottles and sippy cups, saying those products haven’t contained the plastic-hardening ingredient for two years.
The unusual request from the American Chemistry Council may help quash years of negative publicity from consumer groups and head off […]
Filed under: economics, lenders by Finance Boss
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Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management.
But those same achievements are stirring resentment among many of its factory workers. And that is complicating contract talks between the company and its union employees.
At The Rouge, Ford’s massive, 94-year-old factory complex in Dearborn, […]
Bigger is better, at least when it comes to pension funds.
The largest— funds with $37 billion in assets on average — outperformed smaller plans — with an average of $1 billion — by 45 to 50 basis points, or 0.4 per cent each year, according to a new study.
Researchers at the University of Toronto’s Rotman […]
The dismal U.S. job market, which has intensified fears of another recession, may be even worse than the unemployment numbers suggest.
The shockwaves from the Labor Department report on Friday that employers stopped hiring in August have rippled around the world, sparking a steep retreat in Asian stock markets. The lack of hiring in the U.S. […]
Filed under: Small Business, economics by Finance Boss
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