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Oscar accountants get reprieve after best picture blunder

89th Academy Awards – Oscars Awards Show – Hollywood, California, U.S. – 26/02/17 – Martha Ruiz (R, in red) and Brian Cullinan (upper R) of PricewaterhouseCoopers confer on stage after the Best Picture was mistakenly awarded to ”La La Land” instead of ”Moonlig... More »

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BlackRock cuts fees and jobs- stockpicking goes high-tech

A man walks next to a BlackRock sign pictured in the Manhattan borough of New York, October 11, 2015. REUTERS/Eduardo Munoz BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on ... More »

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Acting SEC chair plans test to lower exchange fees

File photo: Michael Piwowar speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson The acting head of the U.S. Securities and Exchange Commission has directed the regulator to launch a pilot pla... More »

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For Goldman Sachs, a rare pass from shareholder resolutions

A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo For the first time in more than a decade, Goldman Sachs Group Inc (GS.N) has managed to avoid any proxy battles with activist shareholders b... More »

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Airbnb embarks on China push with more staff, local name

Brian Chesky, CEO and Co-founder of Airbnb, speaks to the Economic Club of New York at a luncheon at the New York Stock Exchange (NYSE) in New York, U.S. March 13, 2017. REUTERS/Mike Segar U.S. short-term rental giant Airbnb Inc will triple its China staff thi... More »

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Wells Fargo CEO receives pay bump despite sales scandal

A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Wells Fargo & Co’s board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase, despite scrapping executive bon... More »

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HSBC breaks with tradition, names AIA boss Tucker as chairman

AIA Group Chief Executive and President Mark Tucker poses during a news conference on the company’s annual results in Hong Kong, China February 24, 2017. REUTERS/Bobby Yip HSBC Holdings Plc (HSBA.L), Europe’s biggest bank, tapped an outsider for its top job on... More »

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Toshiba Tec shares rise more than 6 percent on sale report

Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company’s headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai Shares in Toshiba Tec Corp (6588.T)... More »

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Defiant U.S. prosecutor fired by Trump administration

FILE PHOTO: U.S. Attorney for the Southern District of New York Preet Bharara speaks during a Reuters Newsmaker event in New York City, U.S., July 13, 2016. REUTERS/Brendan McDermid/File photo A prominent U.S. prosecutor said the Trump administration fired him... More »

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Congressional panels approve SEC capital formation bills

Chairman of the Senate Banking, Housing, and Urban Affairs Committee Mike Crapo (R-ID) hearing listens to testimony from Federal Reserve Chairman Janet Yellen on the “Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, U.S., Febru... More »

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After Snap IPO, U.S. regulator questions unequal voting rights

A young girl pushes her scooter past the front of the New York Stock Exchange (NYSE) with a Snap Inc. logo hung on the front of it shortly before the company’s IPO in New York, U.S., March 2, 2017. REUTERS/Lucas Jackson One of two current members of the U.S. S... More »

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Uber works to mend relationship with regulators

FILE PHOTO: A fleet of Uber’s Ford Fusion self driving cars are shown during a demonstration of self-driving automotive technology in Pittsburgh, U.S., September 13, 2016. REUTERS/Aaron Josefczyk/File Photo Uber Technologies Inc is working to mend its relation... More »

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Chipotle lawsuit over food safety, outbreaks is dismissed

FILE PHOTO: A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. REUTERS/Lucy Nicholson/File Photo – RTSXJLG Chipotle Mexican Grill Inc (CMG.N) on Wednesday won the dismissal of a lawsuit claiming it defrauded shareholders about... More »

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Pimco revamps BOND ETF, changing fund`s name and managers

A Pacific Investment Management Co (PIMCO) sign is shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Pacific Investment Management Co (Pimco) is replacing the full slate of managers on its Total Return Active Exchange-Traded Fund (BOND.P) a... More »

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U.S. authorities raid Caterpillar`s Illinois facilities

The corporate headquarters of Caterpillar Inc. the world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines, based in Peoria, Illinois August 5, 2009. REUTERS/Jeff Haynes Federal law enforce... More »

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BlackBerry`s M&A head Mackey says left company in February

A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. REUTERS/Mark Blinch/Files Jim Mackey, BlackBerry Ltd’s head of corporate development and strat... More »

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DBS CEO sees wealth management business as key growth driver

DBS CEO Piyush Gupta speaks during a Reuters Newsmaker event in Singapore March 2, 2017. REUTERS/Edgar Su Singapore lender DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a fe... More »

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Uber CEO says he must `grow up` after argument with driver

Uber CEO Travis Kalanick gestures as he delivers an address to employees and drivers marking the company’s five year anniversary in San Francisco, California June 3, 2015. REUTERS/Robert Galbraith Uber Technologies Inc Chief Executive Travis Kalanick on Tuesda... More »

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Warren Buffett rails against fee-hungry Wall Street managers

File Photo: Berkshire Hathaway CEO Warren Buffett plays bridge during the Berkshire annual meeting weekend in Omaha, Nebraska May 3, 2015. REUTERS/Rick Wilking/File Photo Billionaire Warren Buffett, whose stock picks over several decades have enriched generati... More »

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Pfizer subpoenaed in U.S. over patient assistance plans

A man walks past Pfizer’s world headquarters in New York April 28, 2014. REUTERS/Andrew Kelly/File Photo Pfizer Inc said it received subpoenas from the U.S. Attorney’s Office for the District of Massachusetts related to its support for organizations that provi... More »

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U.S. SEC to take steps to modernize disclosures

Michael Piwowar, Commissioner of the U.S. Secuirites and Exchange Commission, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson The top U.S. securities regulator unveiled plans on Friday to... More »

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Austria says prosecutors open fraud probe on fighter deal

Austria said on Friday that Vienna prosecutors had initiated a formal criminal investigation against Airbus and the Eurofighter consortium over alleged fraud, widening the potential fallout from a $2 billion combat jet order more than a decade ago. More »

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Two senior Samsung Group executives offer to resign: Yonhap

Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem Two senior Samsung Group [SAGR.UL] executives have offered to resign to t... More »

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Paramount CEO Brad Grey to step down

Chairman and CEO of Paramount Pictures Brad Grey attends the premiere of ”FENCES” in Manhattan, New York City, U.S., December 19, 2016. REUTERS/Andrew Kelly Brad Grey will step down as the chairman and chief executive officer of Viacom Inc’s Paramount Pictures... More »

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Companies with long-term view do prevail: James Saft

The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017. REUTERS/Brendan McDermid In a world in which most investment managers are paid to be short- or medium-term in their ... More »

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Wells Fargo fund business on the defensive amid sales scandal

A Wells Fargo bank logo is pictured on a building in North Miami, Florida March 19, 2016. REUTERS/Carlo Allegri When a scandal over unauthorized accounts rocked Wells Fargo & Co’s (WFC.N) retail division last fall, executives at its asset management arm sprang... More »

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Citigroup cuts CEO Corbat`s pay after missing financial targets

FILE PHOTO – Michael L. Corbat, president of the Citigroup, arrives at the Planalto Palace before a meeting with Brazil’s President Dilma Rousseff in Brasilia April 9, 2013. REUTERS/Ueslei Marcelino Citigroup Inc’s (C.N) board of directors cut Chief Executive ... More »

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Bank of America CEO Moynihan gets biggest payday yet

Brian Moynihan, Chairman of the Board and CEO of Bank of America Corporation attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich Bank of America Corp’s (BAC.N) board awarded Chief Executive Officer... More »

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Mentor of Samsung scion seen stepping up after Lee arrest

FILE PHOTO – Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem/File Photo The arrest of Samsung Group scion Jay Y. Lee on b... More »

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Toshiba shares drop after S&P warns of downgrade risk

The logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo, Japan January 27, 2017. REUTERS/Toru Hanai Shares in Japan’s Toshiba sank 10 percent on Friday, after credit rating firm S&P Global said it could slash the conglomerate’s ra... More »

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CSX activist Mantle Ridge says willing to adjust demands

A CSX coal train (R) moves past an idling CSX engine at the switchyard in Brunswick, Maryland October 16, 2012. REUTERS/Gary Cameron The activist investor targeting U.S. railroad operator CSX Corp. (CSX.O) said in a letter to the company’s board on Thursday th... More »

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Trump taps ex-labor board member Acosta to be labor secretary

R. Alexander Acosta exits U.S. District Court with other attorneys at U.S. District Court in Fort Lauderdale, Florida June 19, 2008. REUTERS/Joe Skipper President Donald Trump on Thursday nominated former National Labor Relations Board member R. Alexander Acos... More »

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U.S. appeals court to reconsider challenge to consumer bureau

A U.S. appeals court said on Thursday it will reconsider an October ruling that the Consumer Financial Protection Bureau’s structure is unconstitutional, virtually guaranteeing the battle over an agency borne of the financial crisis will reach the Supreme Cour... More »

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GM CEO, President at Opel HQ for talks with management

Dan Ammann (R), President of General Motors speaks during the Fortune Brainstorm Tech conference in Aspen, Colorado, U.S. in this handout photo released to Reuters July 11, 2016. Stuart Isett/Fortune Brainstorm TECH/Handout via Reuters General Motors (GM.N) Ch... More »

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Toshiba says `not ready`, delays earnings, nuclear writedown

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuc... More »