Corporate-controversy - Latest Popular Stories, Instablogs Community

BAE appoints Lord Woolf to head ethics committee, US Congressional scrutiny looms

Balendu — Sat, 16 Jun 2007 08:41:35 +0000

British defense contractor BAE Systems PLC has appointed a former leading English law official to head a panel examining its business moral values although it clarified that he would not be investigating contentious deals with Saudi Arabia....

Seattle newspapers settle legal dispute

Balendu — Tue, 17 Apr 2007 09:48:44 +0000

Seattle’s two daily newspapers have agreed to settle a legal dispute that had threatened to shut down the Seattle Post-Intelligencer. The Seattle Times Co. and Hearst Corp., which publishes the Post-Intelligencer, announced the settlement of...

Vonage's chief executive steps down amid bruising patent dispute, founder steps in

Balendu — Fri, 13 Apr 2007 07:11:58 +0000

Mike Snyder has decided to resign as the head of Vonage, the struggling broadband company. Vonage Holdings founder and Chairman Jeffrey Citron has replaced Michael Snyder as chief executive officer after spiraling costs and the loss of a...

Dow Chemical fires two top executives over unauthorized buyout talk

Balendu — Fri, 13 Apr 2007 05:05:03 +0000

Dow Chemical Co. has fired two high-level executives for holding unauthorized negotiations with third parties about the possibility of a leveraged buyout of the company. Midland-based Dow Chemical has said in a release that senior adviser...