Oracle Defends CEO Larry Ellison's Pay Package Against Shareholder RevoltOracle 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.
KCBS In Depth: San Bruno Mayor On Lessons From Pipeline BlastThree 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.
PG&E: Shareholders Will Pay For Pipeline Explosion Penalties, Not CustomersOfficials 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 To Dole Out $100B To Shareholders; Earnings Outlook WeakerApple is finally opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years.
Judge Blocks Shareholder Vote On Apple ProposalA 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.
Facebook Shareholders File Suit Over IPO DocumentsA 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.
Sunnyvale Based Yahoo Nearing Deal To Sell Stake In AlibabaThe two companies have been in talks for more than a year.
Arrests Made As SF Protest Targets Wells Fargo MeetingAuthorities arrested 24 protesters who were part of a group attempting to disrupt the Wells Fargo shareholder meeting in downtown San Francisco Tuesday afternoon.
Major Yahoo Shareholder Launches Board ChallengeOne 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.
Yahoo Board Battle May Begin Within The Next WeekA 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.
PG&E Wants Customers To Pay For Most Of Pipeline Safety PlanThe cost of Pacific Gas and Electric’s pipeline safety enhancement plan following the 2010 explosion in San Bruno is expected to top $2 billion and the utility wants its customers to pay for most of it.
Yahoo Co-Founder Urged To Help Oust ChairmanA major Yahoo shareholder seeking to oust Chairman Roy Bostock is urging company co-founder Jerry Yang to join the crusade.