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Facebook, Wall Street banks under fire from lawmakers and lawyers
WASHINGTON — Already grappling with regulatory reviews of its troubled initial public offering, Facebook Inc. and the Wall Street banks that shepherded the deal are now under fire from lawmakers and lawyers. Two congressional committees said...Tags: Media Industry, Morgan Stanley Dean Witter & Company, Sherrod Brown, Justice System, Financial Markets
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The Morning Fix: NBC gears up Olympics hype! CNN ratings tumble.
After the coffee. Before getting out of wet Boston. The Skinny: After almost two weeks on the road, I'm finally heading back home Wednesday night. Just don't tell me it's raining in Los Angeles. Wednesday's headlines include NBC's plans to hype the...
Tags: Walter Salles, Apple iPad, Music, Movies, Summer Olympics
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Allstate shareholders back executive pay
Tribune reporterAllstate Corp.executives got 92 percent approval on the say-on-pay vote at their annual shareholders meeting Tuesday, up from the 58 percent last year. Also, Chief Executive Tom Wilson received almost 97 percent of the votes cast as he sought re-election...Tags: Music, Board of Directors, Entertainment, Tom Wilson, Elections
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Allstate shareholders say OK to pay issues; CEO remaining as director
Allstate Corp.executives got 92 percent approval on the say-on-pay vote at their annual shareholders meeting Tuesday, up from the 58 percent last year. Also, Chief Executive Tom Wilson received almost 97 percent of the votes cast as he sought re-election...
Tags: Music, Elections, Earnings, Board of Directors, Politics
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When bankers become bettors
Addiction counselors tell their clients, "We can't help you until you admit you have a problem." It's time for American financial institutions to admit they have a gambling problem. -------------------- FOR THE RECORD: Banks: In a May 22 Op-Ed about...
Tags: Christopher Dodd, Economy, Business and Finance, John Paulson, Business Institutions, Carl Levin
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Facebook shareholders are wedded to the whims of Mark Zuckerberg
So, against all odds, you managed to get your hands on a few shares of Facebook stock via one of the most hyped initial public offerings of all time and managed to survive its messy first day of trading. Congratulations. You're now married to Mark...Tags: Rupert Murdoch, Media Industry, Los Angeles Times Columnists, Ford Motor Co., Advertising
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Eaton Corp. buying Cooper
CLEVELAND (AP) -- Eaton Corp.has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical power and distribution industry. The deal announced Monday...Tags: Morgan Stanley Dean Witter & Company, Eaton Corporation, Earnings Forecasts, Voting, Financial Markets
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Pay packages keep rising for Chicago-area CEOs
Our annual examination of CEO compensation for the region's largest publicly traded companies shows that many corporate leaders pulled down big packages, while the group saw median pay increase 8.5 percent. That compares with a median increase of 6...Tags: Music, Pension and Welfare, Entertainment, Boeing Co., Tom Wilson
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Owners of Seville Hotel in Harrison file for bankruptcy
sgrant@ky3.comHARRISON, Ark. -- The owners of the Seville Hotel say it will remain open the rest of the year even though they filed for Bankruptcy Court protection. The Seville has undergone a $3.5 million makeover but stays more empty than occupied. The owners...Tags: Financially Distressed Companies, Rentals, Restaurant and Catering Industry, Business, Bankruptcy
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FBI Probes JPMorgan's $2 Billion Trading Loss
KTLA NewsNEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. "All I can say is that we have opened a preliminary investigation," Robert...Tags: Morgan Stanley Dean Witter & Company, Board of Directors, Bank of America Corp., Christopher Dodd, Justice System
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JPMorgan CEO Jamie Dimon keeps chairman's job in shareholder vote
TAMPA, Fla. — After surviving a push to oust him as chairman, embattled JPMorgan Chase & Co. Chief Executive Jamie Dimon now faces a Justice Department probe into how the bank lost $2 billion from risky trades. The investigation, being handled by...Tags: Annual and Special Corporate Meetings, Justice System, Economy, Business and Finance, Financial Markets, Crime, Law and Justice
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JPMorgan's Dimon keeps his chairman job in shareholder vote
TAMPA, Fla. — Jamie Dimon will keep his jobs as chairman and chief executive of JPMorgan Chase & Co. Shareholders overwhelmingly voted him back onto the board as well as approving executive compensation packages. Shareholders voted only 40% in...
Tags: Elections, Annual and Special Corporate Meetings, Tampa, Politics, Christopher Dodd
May 23, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Chicago Tribune
May 22, 2012
|Story| Chicago Tribune
May 22, 2012
|Story| Los Angeles Times
May 20, 2012
|Column| Los Angeles Times
May 22, 2012
|Story| South Bend Tribune
May 19, 2012
|Story| Chicago Tribune
May 16, 2012
|Story| KY3-TV
May 16, 2012
|Story| KTLA-LTV
May 15, 2012
|Story| Los Angeles Times
May 15, 2012
|Story| Los Angeles Times
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