Corporate governance

Maryland U.S. Attorney Robert Hur announces an 11-count indictment against former Baltimore Mayor Catherine Pugh at a news conference in Baltimore on Wednesday, Nov. 20, 2019. The disgraced former mayor has been charged with fraud and tax evasion involving sales of her self-published children's books. (AP Photo/Brian Witte)
November 20, 2019 - 3:21 pm
BALTIMORE (AP) — The disgraced former mayor of Baltimore was charged Wednesday with fraud and tax evasion involving sales of her self-published children's books to non-profits and foundations that did business with the government. An 11-count federal indictment accuses Catherine Pugh of arranging...
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November 15, 2019 - 11:32 am
JACKSON, Miss. (AP) — A former telecommunications executive convicted in one of the largest corporate accounting scandals in U.S. history is asking a judge to shorten his prison sentence so he can be released as his health deteriorates. Bernard Ebbers led WorldCom, based in Mississippi. He was...
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ADDS TRANSLATION - SoftBank founder and Chief Executive Officer Masayoshi Son speaks during a news conference in Tokyo Wednesday, Nov. 6, 2019. Japanese technology company SoftBank Group Corp. said Wednesday, it has tumbled into losses for the second quarter over money-losing investments, including a bailout for office-space sharing startup WeWork. The letter reads: Deficit. (Kyodo News via AP)
November 06, 2019 - 3:45 am
TOKYO (AP) — Japanese technology company SoftBank Group Corp. tumbled into losses in the last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup WeWork that SoftBank's founder, Masayoshi Son, said he was regretting. The Tokyo-...
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October 25, 2019 - 6:39 pm
PORTLAND, Ore. (AP) — A former Oregon certified public accountant who stole about $4.5 million from his clients, including Olympic snowboarder Daniel Kass, to support his "Playboy" lifestyle and marijuana business has been sentenced to over four years in prison. Victims told a federal judge...
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FILE - In this Jan. 2, 2014 file photo, a Fiat logo pictured on a car in Milan, Italy. Fiat Chrysler has agreed to pay $40 million to settle a complaint by securities regulators that it misled investors by overstating monthly sales numbers. (AP Photo/Antonio Calanni, File)
September 27, 2019 - 12:54 pm
DETROIT (AP) — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period. The Italian-American company inflated sales by paying dealers to report fake numbers from 2012 to...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq, in New York. WeWork is delaying its IPO, saying it now expects the offering to be completed by the end of the year. The office-sharing company is hoping to restore investor confidence amid doubts about its ability to make money and decisions that’ve raised concerns about its CEO. (AP Photo/Mark Lennihan, File)
September 17, 2019 - 1:01 pm
NEW YORK (AP) — WeWork's parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses and drawing concerns about its CEO's...
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FILE - In this Jan. 16, 2018 file photo, Adam Neumann, center, co-founder and CEO of WeWork, attends the opening bell ceremony at Nasdaq in New York. WeWork's parent company is revealing more of its initial public offering plans, saying it expects to list shares on the Nasdaq. The company also announced corporate governance changes in response to market feedback, including limiting the role of the founder's family on its board of directors. The We Co. disclosed the information in a regulatory filing on Friday, Sept. 13, 2019. (AP Photo/Mark Lennihan, File )
September 13, 2019 - 11:04 am
NEW YORK (AP) — WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The We Company is pressing on with its highly anticipated stock market debut — expected later this month — despite concerns over its...
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Jared Kushner, right, and Ivanka Trump, second right, watch from a window before a ceremonial welcome in the garden of Buckingham Palace in London for President Donald Trump and first lady Melania Trump, Monday, June 3, 2019 on the opening day of a three day state visit to Britain. (AP Photo/Frank Augstein)
June 14, 2019 - 8:33 pm
NEW YORK (AP) — Ivanka Trump and Jared Kushner took in as much as $135 million in revenue during their second year as aides to President Donald Trump, generated from their vast real estate holdings, stocks and bonds and even a book deal, according to their financial disclosures released Friday...
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FILE - In this Dec 17, 2018, file photo, Nissan Motor Co. Chief Executive Hiroto Saikawa speaks during a press conference in Yokohama. An investor research company is advising Nissan shareholders to vote against the proposal to reappoint Chief Executive Hiroto Saikawa as board director, saying the Japanese automaker needs a "break from the past" after the arrest of his predecessor Carlos Ghosn. (AP Photo/Koji Sasahara, File)
June 12, 2019 - 3:39 am
TOKYO (AP) — Two investor research companies are advising Nissan shareholders to vote against a proposal to reappoint the automaker's chief executive, Hiroto Saikawa, as a board director, citing possible oversight problems at the Japanese automaker after the arrest of his predecessor Carlos Ghosn...
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FILE - In this March 12, 2019, photo, Renault Chairman Jean-Dominique Senard, left, and Nissan CEO Hiroto Saikawa speak at the start of a joint press conference following a board meeting at the Nissan headquarters in Yokohama, near Tokyo. Japanese automaker Nissan wasn’t consulted about a proposed merger between its French alliance partner Renault and Fiat Chrysler and has little say over the issue. Partnering with a colossal Renault-Fiat Chrysler could help Nissan slash costs on shared components and research. (AP Photo/Eugene Hoshiko, File)
June 04, 2019 - 5:43 am
TOKYO (AP) — Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: "kaya no soto." That translates to "outside the mosquito net," or the unlucky person outside...
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