LATEST BUSINESS NEWS
Madoff Fund Has Paid Millions to Breeden Firm, Zero to Victims
A firm hired by the U.S. to distribute $4 billion to victims of Bernard Madoff’s Ponzi scheme has racked up $38.8 million in billings over four years. The investors are still waiting for their first checks, though. The Justice Department disclosed its ...
New Ford CEO's resume includes furniture and football
Jim Hackett, the newly crowned CEO of Ford, has a track record that includes self-driving cars, office furniture -- and hiring a college football coach. Hackett, 62, was named Monday to replace Mark Fields, who was ousted after a three-year tenure.
Caution Pervades Ahead of the Bank of Canada’s Rate Decision
Canada’s economy hasn’t looked so robust since the collapse of oil prices in 2014. It’s evident in gross domestic product data, job growth, retail sales and even the much maligned manufacturing sector. So, if things are so rosy in Canada, why are ...
The biggest CEO pay raises and pay cuts of 2016
Here are the three CEOs who got the biggest pay raises last year, and the deepest pay cuts, as calculated by The Associated Press and Equilar, an executive data firm. $12.7 million, down 68 percent
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