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Whitman Injects $20M Into Calif. Governor Campaign

Whitman Injects $20M Into Calif. Governor Campaign

California gubernatorial candidate Meg Whitman (R) wrote her campaign another check for $20 million Monday. The billionaire former CEO of EBay has now put $59 million of her own money into the campaign, with election day still seven months away.

 

CEO Says Chrysler To Break Even in 2010

Chrysler Group LLC Chief Executive Sergio Marchionne reiterated that the auto maker "intends to break even" on an operating basis this year and will hit its target of selling 1.1 million new vehicles in the U.S.

 

Tenn. CEO Sends Racist E-Mail About First Lady

The CEO of Tennessee's hospitality association is apologizing for sending an e-mail to a group of public figures that compares first lady Michelle Obama to a chimpanzee.

 

Occidental CEO Made $31.4 Million

Occidental Petroleum chairman and CEO Ray Irani received $31.4 million in total compensation in 2009, a 39.4% increase over the previous year.

 

Facebook in No Rush to Go Public

Most everyone in Silicon Valley and on Wall Street agrees: The eventual IPO of social-networking site Facebook could make its founder the world's richest 25-year-old. Yet CEO Mark Zuckerberg seems intent on deferring that multibillion dollar payday.

 

Buffett Charges Ceos And Directors Failed Banks Have Gone Unscathed

 Buffett Charges Ceos And Directors Failed Banks Have Gone Unscathed

The one man Berkshire Hathaway Risk Committee and Chief Risk Officer, 79 year old Warren Buffett, says that directors of major banks are "derelict" if they don't "insist that [their] CEO bear full responsibility for risk control. If he's incapable of handling that job, he should look for other employment. And if he fails at it -- with the government thereupon required to step in with funds or guarantees -- the financial consequences for him and the board should be severe."

 

GM's chief gets $9 million

General Motors chairman and chief executive, Ed Whitacre, Jr. will receive a compensation package worth $9 million, the automaker said Friday.

 

Dow Opens Below 10000

Alcoa, DuPont and financial stocks helped the stock market open weaker. CIT gained on its new CEO.

 

JPMorgan's Dimon Gets $17 Million Bonus

JPMorgan Chase's Jamie Dimon pulled in a roughly $17 million bonus in restricted stock and options for 2009, making him one of the best-paid banking chiefs around.

 

Toyota Chief Apologizes for Global Recalls

Toyota Chief Apologizes for Global Recalls

Toyota's president apologized for the automaker's global recalls and promised to beef up quality control by setting up a special committee he would head himself. Toyota Motor Corp. President Akio Toyoda said the automaker was still deciding what to do to fix braking problems with the popular Prius gas-electric hybrid.

 

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