Fortune 500 companies are supposed to be stable, rock-solid institutions, where CEO change rarely happens. But it doesn't always happen that way. Just ask Hewlett-Packard, which announced Thursday that Meg Whitman would be the company's new chief executive officer, the fourth HP CEO in six years. In the past six years, only 16 companies on the Fortune 500 or S&P 500 have had three CEOs, according to executive search firm Crist Kolder Associates in Hinsdale, Ill. Besides HP, only two have had four or more. Can you guess who these CEO change champions are? [Editor's note: This story was updated 9/23/2011.]
President Barack Obama proposed cutting corporate tax rates and using the revenue to generate jobs. Republicans shut it down. Is the tax reform battle stuck at an impasse?
Taxpayers are paying for CEOs to receive huge salaries, as corporations deduct executives' compensation from income taxes. What's the solution?
'We don't sell junk food,' McDonald's CEO told 9-year-old Hannah Robertson, but now Hannah's also a target of toxic comments. Hannah's mother and McDonald's discuss the controversy that occurred when the 'We don't sell junk food' comment hit the Internet.
President Barack Obama's State of the Union address will likely touch on tax reform, Gleckman writes, but it remains to be seen whether even corporate reform is possible in 2013.
A Rothschild scion is disappointed to learn that his Indonesian partners have treated him much like politically connected Indonesian businessmen have treated foreign partners for decades.
Bank of America says it has agreed to pay $2.43 billion to settle a class-action lawsuit related to its acquisition of Merrill Lynch. Investors that bought or held Bank of America stock when the company announced its plans to buy Merrill Lynch claim that the bank made misleading statements about both companies' financial health.