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Analysis: More U.S. shareholders call for independent chairmen
Boston (Reuters) - Welcome to the club, Jamie Dimon. Embarrassed by a surprise $2 billion trading loss last week, the chairman and chief executive of JPMorgan Chase & Co faced heightened criticism at the bank's annual meeting on Tuesday. That included 40 percent backing from shareholders for a ...
www.msnbc.msn.com
Ex-Yahoo CEO Thompson leaves F5 Networks' board
(Reuters) - Networking gear maker F5 Networks said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective immediately. Thompson stepped down as Yahoo chief last week, 10 days after activist investor Daniel Loeb accused him of padding his biography by faking a ...
www.cnbc.com
A fair accounting of solar work
Let's be clear about who is paying for solar facilities. According to reports, contributors to the Phoenix Solar program include National Bank Arizona, APS, SRP and homeowners. A gross omission in the reports is that it is other customers and the other taxpayers who primarily subsidize these ...
www.azcentral.com
Shape-ups shot down by FTC
Even if you don't own a pair of Skechers Shape-ups toning shoes, surely you've noticed the ads. The advertisements claim the design of the shoes give muscles a better work-out than regular sneakers, but the government says that's not true. Now the company will pay millions. In its ads Skechers USA ...
www.msnbc.msn.com
News Summary: Europe worries push stocks down
FUN WHILE IT LASTED: May 1, 2012, the Dow Jones industrial average hit its highest point in four years. It was ahead by 8.7 percent for the year that day. Now, it's up by 1.2 percent after Friday's decline. WHAT HAPPENED? Europe happened. Fitch dropped Greece to the lowest possible rating for a ...
www.msnbc.msn.com
Europe's debt crisis joins governments and banks at the hip
LONDON ? The alarm over potential bank runs in Greece and Spain this week has highlighted an often-overlooked fact: Europe's debt crisis is also, in many ways, a major banking crisis. In capitals such as Athens, Madrid and Rome, large portions of the sovereign debt racked up by spendthrift ...
www.chicagotribune.com
Oil falls below $92 a barrel
On Friday crude oil prices fell ahead of a weekend meeting in which President Barack Obama and leaders of the world's biggest economies will search for ways to help Europe resolve its ongoing debt crisis. Here's how energy contracts traded. On the New York Mercantile Exchange: Benchmark crude fell $ ...
www.boston.com
Rival raiding Curt Schilling?s staff
The region?s top video game maker is targeting Curt Schilling [stats]?s talent, hastily organizing a recruiting event next week at a Providence hotel right around the corner from the ex-Red Sox [team stats] hurler?s cash-strapped company. ?We take advantage of events that happen and that ...
www.bostonherald.com
UPDATE: Asian Shares Slide; Japan Hits 4-Month Low
HONG KONG (Dow Jones)--Asian markets fell heavily Friday, with Japan's stock index slumping to its lowest level in four months, as poor U.S. manufacturing data added to rising worries over Europe after Moody's downgraded 16 Spanish banks. The Nikkei fell 2.2% as the dollar slumped against the yen ...
www.online.wsj.com