Corporate management

FILE - In this April 9, 2018, file photo, Deputy Secretary of Defense Patrick Shanahan, right, listen as President Donald Trump speaks during a cabinet meeting at the White House, in Washington. A U.S. administration official says that Defense Secretary Jim Mattis will leave his post Jan. 1, 2019, as Trump is expected to name Shanahan as acting secretary. (AP Photo/Evan Vucci, File)
December 24, 2018 - 3:12 pm
WASHINGTON (AP) — The departure of Defense Secretary Jim Mattis in a week will thrust President Donald Trump's largely unknown choice for acting Pentagon chief into the military hot seat and shift attention to the search for a permanent replacement who will probably face sharp Capitol Hill...
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In this Sept. 25, 2018 file photo, crime scene tape meant to define boundaries for protesters is strung in front of the Trump International Hotel & Tower during a rally against President Donald Trump's visit to New York City. Many believed that the presidency would be a boon to Donald Trump's business, but two years since he took office there is mounting evidence that president's divisive comments, that are so attractive to his political base, have actually hurt the Trump brand. (AP Photo/Andres Kudacki, File)
December 23, 2018 - 11:27 am
NEW YORK (AP) — When workers pried the Trump name off another Manhattan building earlier this year, it capped a bad few weeks for the president's businesses. Donald Trump's golf resorts in Scotland had just posted millions of dollars in losses, one of his hotels in Panama had rebranded itself a...
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FILE - In this Tuesday, July 11, 2017 file photo, Fashion designer Raf Simons, left, makes adjustments before his fashion show during Men's Fashion Week in New York. Designer Raf Simons is parting ways with Calvin Klein after two years with the fashion company. Calvin Klein announced in a statement Friday, Dec. 21, 2018 the Belgian designer's departure as the chief creative officer was amicable. The company said it decided on a new brand direction different from Simons' creative vision. (AP Photo/Frank Franklin II, File)
December 22, 2018 - 8:16 am
NEW YORK (AP) — Less than two years after he shook up the New York fashion world with a splashy runway debut for Calvin Klein, designer Raf Simons is leaving the company. The company and the Belgian designer announced they had "amicably" decided to part ways after Calvin Klein "decided on a new...
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December 21, 2018 - 10:02 pm
SACRAMENTO, Calif. (AP) — California regulators said Friday they are considering splitting up Pacific Gas & Electric Co. or making other drastic changes amid concerns over the utility's role in recent gas explosions and wildfires. Among the options under consideration by the California Public...
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FILE - In this Tuesday, Sept. 11, 2018 file photo, Indonesian President Joko Widodo gives a lecture to students at Hankuk University of Foreign Studies in Seoul, South Korea. Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo announced Friday Dec. 21 the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has been completed by PT Inalum, a state-owned mining company. (AP Photo/Lee Jin-man, file)
December 21, 2018 - 9:12 am
JAKARTA, Indonesia (AP) — Indonesia has finalized transfer of majority control over giant gold and copper mine from Freeport-McMoRan. President Joko Widodo on Friday announced the landmark deal worth $3.85 billion to take over a 51.2 percent stake in PT Freeport Indonesia from the U.S. company has...
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A police officer stands guard at Tokyo Detention Center, where former Nissan chairman Carlos Ghosn and another former executive Greg Kelly, are being detained, in Tokyo Friday, Dec. 21, 2018. Japanese prosecutors added a new allegation of breach of trust against Ghosn on Friday, dashing his hopes for posting bail. (AP Photo/Eugene Hoshiko)
December 21, 2018 - 5:58 am
TOKYO (AP) — Nissan Motor Co. former chairman Carlos Ghosn, charged with financial improprieties and detained in Tokyo for more than a month, has also been accused of a breach of trust that caused a multi-million-dollar financial loss for Nissan. Speculation that he could leave on bail surged on...
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FILE - In this May 12, 2016, file photo, then Nissan Motor Co. President and CEO Carlos Ghosn arrives for a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo. At left is Nissan Chief Executive Hiroto Saikawa. Japan's court has denied the prosecutor's request to extend detention of ex-Nissan chair Carlos Ghosn. (AP Photo/Eugene Hoshiko, File)
December 20, 2018 - 6:47 am
TOKYO (AP) — A Japanese court denied prosecutors' request Thursday to extend the detention of former Nissan chairman Carlos Ghosn, who has been charged with underreporting his pay. The Tokyo District Court said it rejected the request for another 10-day detention for Ghosn over an additional...
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December 19, 2018 - 9:26 am
NEW YORK (AP) — Stephen Colbert is laying claim to the $120 million in severance that CBS' board of directors said wouldn't be paid to ousted former CEO Leslie Moonves — at least half of it. The late-night host joked, "the other half goes to Tom Selleck's mustache." Colbert didn't avoid his network...
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FILE - In this Nov. 30, 2018 file photo Martin Winterkorn, former CEO of the German car manufacturer 'Volkswagen', arrives for the annual general meeting of FC Bayern Munich soccer club in Munich, Germany. The club said Tuesday, Dec. 18, 2018 that Winterkorn stood down as FC Bayern Muenchen AG supervisory board member at Monday's board meeting. He had informed supervisory board chairman Uli Hoeneß of the decision earlier. (AP Photo/Matthias Schrader, file)
December 18, 2018 - 10:23 am
MUNICH (AP) — Former Volkswagen CEO Martin Winterkorn has left German soccer champion Bayern Munich's supervisory board, three years after he resigned from the automaker amid its diesel emissions scandal. The club said Tuesday that the 71-year-old Winterkorn left on Monday after nearly 16 years as...
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FILE - In this Sept. 19, 2017, file photo, Les Moonves, chairman and CEO of CBS Corporation, poses at the premiere of the new television series "Star Trek: Discovery" in Los Angeles. Moonves will not receive his $120 million severance package after the company's board of directors determined he was fired "with cause" over sexual misconduct allegations. The board said Monday, Dec. 17, 2018, it reached its decision after finding that Moonves failed to cooperate fully with investigators looking into the allegations. The board also cited what it called Moonves' "willful and material misfeasance," violation of company policies and breach of his contract. (Photo by Chris Pizzello/Invision/AP, File)
December 18, 2018 - 1:18 am
NEW YORK (AP) — CBS announced Monday that former CEO Les Moonves will not receive his $120 million severance package after the board of directors concluded he violated company policy and was uncooperative with an investigation into sexual misconduct allegations. The decision, which came after a...
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