Warner Bros CEO Kevin Tsujihara resigns as AT&T probes ‘mistakes’
Kevin Tsujihara has resigned as the head of Warner Bros as one of Hollywood’s most powerful studios investigates a report that he improperly helped an actress obtain roles at the studio.
German lawmakers challenge deputy finance minister’s Goldman link in bank merger
German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of interest in the U.S. investment bank advising state-backed Commerzbank on a possible merger with Deutsche Bank.
Google seeking to promote rivals to stave off EU antitrust action
Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.
Wall Street inches higher ahead of Fed policy meeting
Wall Street edged higher on Monday as declines in Boeing and Facebook held gains in check and investors eyed this week’s Federal Reserve meeting for affirmation of the central bank’s commitment to “patient” monetary policy.
GM considers options for its Lyft stake following IPO
As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion.
Warner Bros CEO Kevin Tsujihara steps down
Warner Bros Chairman and Chief Executive Kevin Tsujihara has resigned from one of Hollywood’s most powerful studios following a report that he improperly helped an actress obtain roles at the studio.
U.S. judge says Rio Tinto must face SEC fraud case
A U.S. judge on Monday rejected Rio Tinto Plc’s bid to dismiss a Securities and Exchange Commission lawsuit accusing the Anglo-Australian mining company of civil fraud in its handling of a failed investment in a Mozambique coal project.
Former UAW vice president charged in U.S. corruption probe
U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of the labor union’s relations with Fiat Chrysler (FCA) of misusing funds for lavish purchases for himself and other union officials.
Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tap
U.S. stocks flitted between gains and losses on Monday, with losses in Boeing and Facebook limiting gains while investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation of up to $23 billion and seeking to woo money managers before larger ride-hailing rival Uber Technologies Inc goes public in April.
