Aug 6, 2012 Richard Schulze already owns about 20 percent of the company, but he wants to buy back the other 80 percent at a cost of almost $9 billion.
Jun 27, 2012 Best Buy, the big electronic warehouse store, may be going private. The store's founder and largest shareholder, Richard Schulze, is reportedly talking to Wall Street banks about a major restructuring of the company.
Jun 19, 2012 Volkswagen wants to sell 800,000 cars and trucks a year in the U.S. by 2018. That's an ambitious goal: it's more than twice what German automaker sells here today.
May 25, 2012 Apple head Tim Cook says he will forgo the $75 million dividend from his company stock. It's a shrewd move at a time when corporate chiefs are under pressure for being over paid.
Heidi N. Moore
May 3, 2012 CEOs in the U.S. earned nearly $6 million on average, up 15 percent over last year and 28 percent the year before that.
May 4, 2012 As general wages stagnate, CEO pay rose 10 percent last year. Shareholders are increasingly challenging the pay packages. Some boards are listening.
Apr 18, 2012 Citigroup stock is down 0.1 percent , that after shareholders in an advisory vote said no dice to a hefty pay package for executives, including a $15 million salary for Citigroup's CEO.
Stacey Vanek Smith
Apr 10, 2012 Best Buy has been losing business to online retailers. CEP Brian Dunn unveiled a turnaround plan, but a few weeks later, he resigned.
Mar 29, 2012 As more shoppers move online, the chain has been caught with too many stores and not enough customers. So, Best Buy will close a slew of its big box stores and open many smaller ones.