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Epicor CEO Says Apax Considering Sale of Software Maker

Apax Partners is again weighing a sale of Epicor Software Corp. after fielding interest from private-equity suitors amid a boom in technology company buyouts, Epicor Chief Executive Joe Cowan said.

Deutsche Bank CEO says London financial center will weaken but won't die

BERLIN (Reuters) - The chief executive of Deutsche Bank says London will not die as a financial center but it will become weaker after Britain voted to leave the European Union. John Cryan, a Briton who divides his time between Frankfurt...Show More Summary

United Airlines hopes slim seats and exclusive lounges will help generate $3 billion

Hoping to match the profit margin of his competitors, United Airlines Chief Executive Oscar Munoz laid out a plan this week to generate $3.1 billion in new revenue and savings by 2018. One way he hopes to meet that goal is do what airlines have been doing a lot lately: Squeeze more thin-cushion seats...

Britain's Vote Leave Says No Need To Swiftly Begin Formal EU Divorce Negotiations

LONDON, June 25 (Reuters) - Britain should begin informal negotiations on a full settlement governing its post-Brexit relationship with the European Union before invoking Article 50 of the Lisbon Treaty, the chief executive of the Vote...Show More Summary

Rosneft, Sinopec to Agree on Share Sale in Vostsibneftegaz, TMNGG by Fall

Russian company’s chief executive said that Russian oil company Rosneft and China Petrochemical Corporation (Sinopec) will make a final decision on the sale of 49 percent in two Rosneft subsidiaries by early September.

Britain's EU commissioner, finance chief Hill, says resigning

BRUSSELS (Reuters) - Britain's representative on the EU executive in Brussels, Financial Services Commissioner Jonathan Hill, said on Saturday he was resigning following the referendum vote for Brexit which he had campaigned against....Show More Summary

Microsoft and NASCAR reveal new Race Management app

Today Microsoft, in partnership with NASCAR, debuted their first race management app, which will be used this weekend for the Toyota – Save Mart 350. Steve O’Donnell, NASCAR executive vice president and chief racing development officer, and Microsoft’s Mike Downey, the principle architect of the app briefly presented the app on Friday, which brings six […]

Telehealth Provider American Well Appoints Freshman as New CTO

Telehealth provider American Well has appointed longtime executive team member and engineering lead Jon Freshman to become the Company’s Chief Technology Officer (CTO). In his new role as CTO, Jon will oversee the three arms of American...Show More Summary

CEO Pay in the New Gilded Age

Where are the pitchforks? Growth in median compensation may have slowed lately, or even fallen for some of the highest-paid chief executives. But this is little recompense for workers who have seen their wages stagnate or fall for decades. Last year, the average chief executive of an S&P 500 company was paid 335 times more […]

Citigroup CEO reassures staff on Brexit: 'Citi is well positioned' (C)

Citigroup CEO Michael Corbat is attempting to reassure employees following Britain's surprise decision on Thursday to leave the European Union. In an internal memo sent to staff on Friday, the chief executive said the bank has been preparing...Show More Summary

SEC accuses Breitling CEO, others, of $80 million fraud

By Jessica Resnick-Ault NEW YORK (Reuters) - The U.S. Securities and Exchange Commission on Friday charged Breitling Energy Corp, its chief executive and seven other people with defrauding investors out of around $80 million by misleading them about the value of oil and gas assets. Show More Summary

Brexit And The UK Television Industry: ITV First In The Firing Line, But Worries For Sky Too

Adam Crozier, chief executive officer of ITV plc – who sent an all-staff email today, to calm his troops after the Brexit vote (Photo: Denis Doyle/Bloomberg) There's a reason why neither of Britain's two biggest commercial television companies expressed a pre-referendum view on the merits of Brexit: both Sky and ITV [...]

Tribeca Film Festival Chief Could See Cannes Ad and Film Galas Coming Together

CANNES, France—The Tribeca Film Festival is increasingly a player in the advertising community, accented by its presence here at Cannes Lions, where we caught up with Tribeca Enterprises CEO Andrew Essex. Essex took that executive post in January, about six months after leaving Droga5, where he had been the founding CEO since 2006. Show More Summary

DoubleLine's Gundlach says sold all of its European equities position

NEW YORK (Reuters) - Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said Friday that his firm sold all of its European equities position before the market closed Thursday. Gundlach also said about Brexit: "Yes, I am surprised. Show More Summary

WPP chief predicts a slowdown of the world economy after Brexit vote

CANNES (Reuters) - WPP Chief Executive Officer Sir Martin Sorrell predicted on Friday a slowdown of the world economy after Britain voted in favor of leaving the European Union. "What will naturally happen is that the economies will slow, because our clients will become more cautious," Sorrell told Reuters in an interview in Cannes. Show More Summary

#Brexit: Global businesses lament EU poll

Chief executives from Mumbai to Denver woke up to face a different global stage after Britain’s EU referendum. ||| London - Shocked chief executives from Mumbai to Denver woke up on Friday to face tough decisions over how to respond to Britain's vote to leave the European Union. Show More Summary

From beer to drugs to cars: Global business laments EU vote

By Ben Hirschler and Martinne Geller LONDON (Reuters) - Shocked chief executives from Mumbai to Denver woke up on Friday to face tough decisions over how to respond to Britain's vote to leave the European Union. In Britain itself, businesses...Show More Summary

UK must seek tariff free EU market access post-Brexit: Aston Martin

By Laurence Frost PARIS (Reuters) - Aston Martin Chief Executive Andy Palmer warned on Friday that Britain's exit from the European Union was likely to require additional "productivity and efficiency" gains at the British sportscar maker, Palmer urged the UK government to secure tariff-free access to EU markets. Show More Summary

Viacom CEO seeks immediate mental examination of Sumner Redstone

Viacom Chief Executive Philippe Dauman and a fellow director on Thursday demanded an “immediate” mental examination of Sumner Redstone, in the latest move in the war over the 93-year-old media mogul’s empire.  Dauman and fellow Viacom board member George Abrams filed suit in Massachusetts state...

Viacom CEO asks court to order medical exam of Sumner Redstone

(Reuters) - Viacom Inc Chief Executive Philippe Dauman and Viacom board member George Abrams asked a Massachusetts court on Thursday to require an immediate medical exam of controlling shareholder Sumner Redstone. In a filing with the...Show More Summary

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