Corporate management

The Mayor of Vienna Michael Ludwig, center, presses a button to restarts the giant Ferris Wheel to symbolically signal the resumption of tourism in Austria in Vienna, Austria, Friday, May 29, 2020. Amusements are open again in Austria as part of relaxing the restrictions to slow the coronavirus and the COVID-19 disease. (AP Photo/Ronald Zak)
May 29, 2020 - 12:01 pm
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Spain to provide impoverished families minimum...
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This image released by Simon & Schuster shows Jonathan Karp, the newly named CEO of Simon & Schuster. Karp replaces Carolyn Reidy, who died on May 12, (Michael Benabib/Simon & Schuster via AP)
May 28, 2020 - 10:50 am
NEW YORK (AP) — Jonathan Karp, who has worked with authors ranging from Sen. Edward Kennedy to Susan Orlean, has been named the new CEO of Simon & Schuster. He replaces Carolyn Reidy, who died two weeks ago. Karp, who joined the company in 2010, most recently served as president and publisher...
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This photo combo shows from left, Lisa Su, president and CEO of AMD, David M. Zaslav, President and Chief Executive Officer of Discovery Communications, General Motors Chairman and Chief Executive Officer Mary Barra, Walt Disney Company Chairman and CEO Robert A. Iger and Netflix Founder and CEO Reed Hastings. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.  (AP Photo/File)
May 27, 2020 - 12:08 pm
The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation. Median pay for CEOs in the survey climbed 4.1% last year. For the typical...
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FILE - In this May 1, 2019 photo, Lisa Su, president and CEO of AMD, attends the opening bell at Nasdaq, in New York. The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million in 2019, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.   (AP Photo/Mark Lennihan, File)
May 27, 2020 - 11:34 am
Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company's stock during her five years as CEO. The median pay for women on the list was $...
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The logo of French carmaker Renault is pictured at the Flins plant of French carmaker Renault in Aubergenville, west of Paris, Monday, May 25, 2020. French President Emmanuel Macron is set to unveil sweeping new measures to rescue France's car industry, hammered by virus lockdown and the resulting recession. The issue is politically sensitive, since France is proud of its auto industry, which employs 400,000 people and is an important part of the country's remaining manufacturing sector. (AP Photo/Christophe Ena)
May 26, 2020 - 11:41 am
PARIS (AP) — French President Emmanuel Macron unveiled Tuesday an 8 billion-euro ($8.8 billion) plan to save the country’s car industry from huge losses wrought by virus lockdowns, including a big boost for electric vehicles. The plan includes government subsidies for car buyers and longer-term...
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This image provided by Stuff, shows CEO Sinead Boucher in Auckland, New Zealand Nov. 28, 2019. Stuff, one of New Zealand's largest media organizations has been sold for a single dollar to the chief executive, Sinead Boucher in a management buyout that would be completed by the end of the month. (David White/Stuff via AP)
May 24, 2020 - 11:21 pm
WELLINGTON, New Zealand (AP) — One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday. The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs...
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A Hertz Car Rental is closed during he coronavirus pandemic on Wednesday, May 6, 2020 in Paramus, N.J. (AP Photo/Ted Shaffrey)
May 22, 2020 - 11:14 pm
Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business. The Estero, Florida-based company's lenders were unwilling to grant it another extension on its...
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FILE - This March 2, 2019, file photo, shows a Customs and Border Control agent patrolling on the US side of a razor-wire-covered border wall along the Mexico east of Nogales, Ariz. A North Dakota construction company favored by President Donald Trump has received the largest contract to build a wall along the U.S.-Mexico border. The Army Corp of Engineers also said there was no set date to start or complete construction, which will take place near Nogales, Arizona and Sasabe, Arizona. (AP Photo/Charlie Riedel, File)
May 20, 2020 - 4:46 pm
PHOENIX (AP) — A North Dakota construction company favored by President Donald Trump has received the largest contract to date to build a section of Trump’s signature wall along the U.S.-Mexico border. Republican U.S. Sen. Kevin Cramer of North Dakota confirmed the $1.3 billion contract for...
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FILE - In this Monday, April 27, 2020. file photo, Volkswagen CEO Herbert Diess wears a face mask as he attends the restart of the production at the VW headquarters plant in Wolfsburg, Germany. Volkswagen is gradually launch the production at important plants after the corona lockdown. (Swen Pfoertner/dpa via AP)
May 20, 2020 - 6:37 am
FRANKFURT, Germany (AP) — Volkswagen said charges of securities-law violations against its CEO and board chairman are to be dropped in return for a 9 million-euro ($10 million) payment, removing a potential distraction for the company's management team as it copes with the virus crisis and oversees...
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President Donald Trump speaks during an event on the food supply chain amid the coronavirus pandemic, in the Roosevelt Room of the White House, Tuesday, May 19, 2020, in Washington. (AP Photo/Evan Vucci)
May 19, 2020 - 7:53 pm
WASHINGTON (AP) — President Donald Trump emphatically defended himself Tuesday against criticism from medical experts that his announced use of a malaria drug against the coronavirus could spark wide misuse by Americans of the unproven treatment with potentially fatal side effects. Trump's...
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