US companies are facing fresh pressure from regulators and shareholders to rein in excessive executive pay as research shows chief executives have been paid up to 10 times more than their top lieutenants.
HONG KONG (Oct. 9) - China Minsheng Banking Corp is set to become the first mainland institution to invest in a US bank after striking a deal to acquire 9.9 per cent of San Francisco-based UCBH Holdings for more than $200m.
It’s a subliminal Christmas. Eager to expand the holiday shopping season without provoking consumers, retailers are experimenting with a novel approach: earlier-than-ever advertising that deliberately plays down the tinsel and holly.
To repair or not to repair? That is the question many consumers face when their pricey gadget goes on the blink. In the case of these five products the answer is pretty straightforward: Don't bother. See which items SmartMoney recommends you just replace instead.
DETROIT (AP) - Say some clown steals your car from the parkingdeck at work. If it's equipped with General Motors'OnStar service,he could be in for a big surprise and you could get a littlerevenge - and even see your car again.
WASHINGTON (AP) - Settling an eight-year legal battle, a majorpower generator has agreed to spend $4.6 billion to reduce chemicalemissions blamed for spreading acid rain across the Northeast, TheAssociated Press has learned.
