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Sears CEO Must Again Fix Kmart

As Eddie Lampert takes over as Sears Holdings CEO, he again faces the task of fixing Kmart.

 

Emails From Steve Jobs Show Clear Intent to Retaliate Against Those Trying To Offer Jobs to Apple Engineers

Steve Jobs

Emails from former Apple CEO Steve Jobs, published below, are at the center of a lawsuit that that connects the tech industry's most powerful executives and companies. Five tech workers are suing Apple, Google, and Intel. They say that top executives at these companies agreed to not hire each other's employees.

 

Peregrine Financial fraud loss tops $215 million, U.S. says

Peregrine Financial Group's former chief executive embezzled more than $215 million from customers of his now-defunct futures brokerage, U.S. prosecutors said in court documents filed on Tuesday.

 

As GE profits rise, investors wonder about cash plans

(Reuters) - What's Jeff Immelt going to do with the money? General Electric Co shareholders are wondering what the company's chief executive plans to do with a cash windfall that could total tens of billions of dollars over several years as the company sells its remaining stake in NBC Universal and recoups more of the profits earned by finance unit GE Capital.

 

Citigroup profit hit by more than $2 billion in charges

Citigroup Inc posted $2.32 billion of charges for layoffs and lawsuits in its first financial report under new Chief Executive Michael Corbat, who said the bank needs to do better for shareholders.

 

H-P's Meg Whitman Receives $15.4 Million---Proxy Filing

In Meg Whitman's first full year on the job as Hewlett-Packard's chief executive, she received compensation valued at $15.4 million, according to H-P's proxy filing.

 

Hulu CEO Jason Kilar to Depart

Hulu Chief Executive Jason Kilar will leave the online video service in the first quarter, he disclosed Friday in a blog post.

 

US criticises Google Korea visit

Eric Schmidt

The US state department says a planned visit to North Korea by Google chairman Eric Schmidt is not "particularly helpful".

 

Netflix to Increase CEO's Pay

Netflix

Netflix raised Chief Executive Reed Hastings's compensation package to $4 million for 2013, essentially doubling his pay this year.

 

Apple CEO's pay package drops 99 percent from 2011

Tim Cook

Apple Inc CEO Tim Cook's 2012 compensation package of just over $4 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards.

 

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