General Motors CEO Barra to earn $14.4 million in 2014
DETROIT (Reuters) – General Motors Co’s Mary Barra, the auto industry’s first female chief executive officer, will be paid $14.4 million in cash and stock this year, 60 percent more than her predecessor, the automaker disclosed on Monday.
Goldman Sachs names Varadhan as third securities co-head: memo
NEW YORK (Reuters) – Goldman Sachs Group Inc has named Ashok Varadhan as a third co-head of securities, according to an internal memo on Monday.
Barnes & Noble shares rise on news of job cuts among Nook staff
(Reuters) – Barnes & Noble Inc shares rose by as much as 9.6 percent on Monday after news that the bookseller cut jobs from its team of hardware engineers working on its money-losing Nook digital books and e-reader business.
Exclusive: Regulator plans purge of Wall Street arbitrators
(Reuters) – Wall Street veterans would no longer be allowed to act as arbitrators in many legal disputes between investors and their brokerages under a proposal that a U.S. regulator will present to its board on Thursday, a person familiar with the mat…
Analysis: Israeli natural gas fields hold big promise for Noble Energy
NEW YORK (Reuters) – Noble Energy Inc slashed the risks to its colossal Israeli natural gas project by selling a stake to Australia’s largest oil producer and sealing a crucial supply deal with a Palestinian power company in one of the world’s politica…
Aeropostale mulls raising capital from private equity: sources
NEW YORK (Reuters) – Aeropostale Inc is considering raising capital from private equity firms as the struggling teen retailer evaluates various ways to shore up both its balance sheet and its share price, four people familiar with the matter said on Mo…
Eurozone watchdog says some banks should go under: FT
FRANKFURT/LINKOPING, Sweden (Reuters) – Some of the euro zone’s lenders have no future and should be allowed to go under if they fail a health check, the bloc’s new banking supervisor told the Financial Times, underscoring a tougher approach to banking…
EU regulators to rule on Samsung, Motorola disputes in April
BRUSSELS (Reuters) – EU regulators will rule on antitrust cases against Samsung Electronics and Motorola Mobility in April, the European Commission said on Monday as it seeks to end the so-called patent wars between smartphone makers.
Southwest looks to grow where rivals have downsized
(Reuters) – Southwest Airlines is looking for opportunities to add service in markets where other legacy carriers have scaled back, the budget carrier’s Chairman and Chief Executive Gary Kelly said on Monday.
Vodafone bids for Spanish cable operator Ono: sources
LONDON/MADRID (Reuters) – Britain’s Vodafone has offered to buy Spain’s largest cable operator Ono from its private-equity owners, two people familiar with the situation said, in a deal that could top 7 billion euros ($9.5 billion).