Warren Buffett’s Berkshire Hathaway Inc. was questioned earlier in the year by U.S. regulators on why the holding company didn’t write down $1.86 billion in losses largely from its investments in Kraft Foods Inc. and U.S. Banco…
Office Depot has agreed to pay $1 million to settle Securities and Exchange Commission charges that it improperly disclosed key financial information to only a few analysts and shareholders. The CEO and former CFO also will pay…
Walgreen Chief Financial Officer Wade Miquelon was arrested on drunk driving charges last month — his second such arrest in a little more than a year. The drugstore chain calls it a personal matter, but when it comes to execut…
U.S. regulators voted in favor of limiting financial institution ownership of derivatives clearinghouses, exchanges and trading platforms to 20% and capping ownership of venues that clear securities-based swaps at 40%.
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How much power should shareholders have when it comes to running a company? Most corporate boards pay little attention to shareholders, but a new rule passed by the SEC may change that, allowing the people who actually own a co…