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U.S. Securities and Exchange Commission
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Triarc announces new Wendy's leadership
Triarc Cos. Inc., which owns the Arby's fast-food chain and is buying Wendy's International Inc., on Friday announced Wendy's new management team.
ALL BUSINESS: InfoGroup lets CEO keep title
A CEO packs his board with cronies, uses corporate dollars toward things like a yacht and allows his company to do business with others he owns.
Abercrombie & Fitch CFO jumps to Kellwood
Michael W. Kramer, chief financial officer of teen apparel retailer Abercrombie & Fitch, is leaving to take the top post at apparel maker Kellwood Co., whose brands include Baby Phat and Sag Harbor.
Service Corp. raises bid for Stewart Enterprises
Service Corp. International, a major funeral provider, has issued a second bid for rival Stewart Enterprises Inc.
SEC reaches deal in fraud probe
A former executive at an Ann Arbor database company has agreed to pay more than $400,000 to settle allegations of accounting fraud.
Irwin Stelzer: Is the worst behind us?
T hat jump in share prices (even after Monday’s tiny dip): Start of a recovery from a market bottom, or a “dead cat bounce” typical of bear markets? That drop in oil prices: the end of successive increases, or a pause before we head to $200 oil?
Freddie Mac takes step toward issuing stock
Mortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet Friday when the Securities and Exchange Commission accepted its registration statement filed earlier in the day.
Timothy Carney: IndyMac forgot to pay protection money
Follow the divergent treatment recently of four different financial companies suffering from the mortgage crisis, and you begin to detect a pattern: The well-connected — with big lobbying budgets and generous campaign contributions — get special favors from Washington, while the others get special abuse.
State regulators seek Wachovia Securities records
Securities regulators from several U.S. states, investigating Wachovia Securities' auction rate securities sales practices, went to the company's St. Louis headquarters Thursday and requested its documents and records.
Constellation Brands CEO drew $6.2M compensation
Robert Sands, chief executive and president of Constellation Brands Inc., drew compensation valued at $6.2 million in its 2008 fiscal year, according to the alcoholic-beverage company's proxy statement Thursday.
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