Technical errors caused by the Nasdaq stock exchange helped push down Facebook shares in early trading, the social networking giant suggested in a legal filing late Friday, turning what should have been a triumphant moment for …
Former blue-chip honcho could face 20 years after conviction on conspiracy and three insider trading charges.
Chesapeake Energy shareholders revolted against the energy giant’s management and board Friday, withholding support for the two directors up for re-election and voting down the compensation plan for the company’s top executives. …
A federal judge ruled Wednesday that Chesapeake Energy’s highly-anticipated shareholder meeting this Friday will go ahead as planned. Some shareholders wanted to postpone the Oklahoma City date amid a swirling controversy over …
For nearly a decade, Hollywood has waged a titanic struggle with Silicon Valley over copyright law. Viacom’s long-running lawsuit against Google’s YouTube video service continues, and the two industries are still retrenching …
Embattled natural gas giant Chesapeake Energy has bowed to billionaire investor Carl Icahn and agreed to shake up its board of directors heading into the company’s crucial annual meeting this week. The move comes after the …
The pugnacious activist investor wants the natural-gas giant to address its cash crunch and improve corporate governance.
When Alan Mulally took over as CEO of Ford in September 2006, the storied automaker was losing money on every car it produced, staring at a $17 billion annual loss, and getting trounced by the likes of Honda and Toyota on the …
Just days after its controversial IPO, Facebook and its Wall Street bankers have been hit by shareholder lawsuits alleging that the social networking giant and its underwriters concealed the company’s decelerating revenue growth …
Facebook shares fell 11% on Monday, after Morgan Stanley and other Wall Street banks ceased to prop up the social network’s stock at Friday’s $38 offering price. Although the IPO was a big success for Facebook and its early …
