Oracle is trying to ward off a shareholder rebellion against policies that have consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world.
Three years after the deadly gas pipeline explosion in San Bruno that killed eight people and destroyed 38 homes, the city’s mayor is still not satisfied that an incident like the one that devastated his city couldn’t happen again.
Officials at Pacific Gas & Electric say customers will not be paying the massive fines being sought by state regulators in the deadly 2010 pipeline explosion in San Bruno, but that PG&E’s shareholders will bear that cost.
Apple is finally opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years.
A federal judge is blocking Apple from conducting a shareholder vote on a package of governance proposals, handing a victory to a rebel investor who is trying to persuade the company to share more of its cash with its investors.
A group of shareholders have filed a lawsuit against Facebook, its executives and Morgan Stanley, the lead underwriter of the social networking firm’s initial public offering last week.
The two companies have been in talks for more than a year.
Authorities arrested 24 protesters who were part of a group attempting to disrupt the Wells Fargo shareholder meeting in downtown San Francisco Tuesday afternoon.
One of Yahoo’s major investors has urged shareholders to vote its four nominees onto the Internet company’s board of directors, launching a potentially nasty fight to transform the board.
A potentially nasty battle to reshape Yahoo’s board of directors will begin within the next week unless the troubled Internet company submits to the demands of a major shareholder.