The e-commerce company has been fighting a push from the activist investor to spin off PayPal, eBay’s mobile payment business that is growing revenue faster than the rest of the company. Icahn launched his campaign against the company in January.
BART and its unions remain tens of millions of dollars apart in their contract proposals, the two sides said in testimony before a three-member board appointed by Gov. Jerry Brown to investigate the contract dispute.
The California Fish and Game Commission removed its president on Wednesday, months after he was criticized for killing a mountain lion in Idaho.
A Yahoo director embroiled in an investigation into an inaccuracy about CEO Scott Thompson’s academic credentials is surrendering her seat on the troubled Internet company’s board.
The authority overseeing efforts to build a high-speed rail system in California has approved its revised business plan, sending the ambitious project to an uncertain fate in the Legislature.
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SUNNYVALE (CBS/AP) — An activist investor has bought a 5.2 percent stake in troubled Web portal Yahoo Inc. and released a public letter Thursday calling for sweeping changes to the board. The letter from Daniel […]
Hewlett-Packard Co. has won investors’ approval for its deep boardroom makeover in the wake of the company’s CEO scandal.
AC Transit weekend service has been cut in half and most of its overnight runs eliminated to save the struggling agency about $11 million, following the board’s unanimous vote Wednesday night.