chairman and CEO

A business executive and his wife, a former journalist, were each sentenced to a month in prison Tuesday for paying $125,000 to rig their daughter’s college entrance exams in a scandal involving dozens of wealthy and sometimes famous parents. Gregory and Marcia Abbott, of New York and Colorado, were sentenced in Boston’s federal court after pleading guilty to a single...

Two years after a shooter rained gunfire on country music fans from a high-rise Las Vegas Strip hotel, MGM Resorts International has agreed to pay up to $800 million to families of the 58 people who died and hundreds of others who were injured, attorneys announced Thursday. The out-of-court agreement will resolve lawsuits in at least 10 states seeking compensation...

Modified stock car great Michael Stefanik has been killed in a single-engine plane crash. He was 61. State police say the crash happened Sunday afternoon in Sterling near the Rhode Island state line. They say the single-engine, single-seat Aerolite 103 took off from the Riconn Airport in Coventry, Rhode Island, and had been turning back toward the airfield when it...

Chris Duncan, the former outfielder who helped the St. Louis Cardinals win the 2006 World Series, died Friday. He was 38. Duncan, the son of former St. Louis pitching coach Dave Duncan and brother of former major leaguer Shelley Duncan, died of brain cancer in his hometown of Tucson, Arizona. “The Cardinals are deeply saddened by the passing of Chris...

Russi Taylor, who voiced Disney’s Minnie Mouse for more than 30 years, has died, according to a statement released by the Walt Disney Company Saturday.

Boeing’s CEO says the company will consider temporarily shutting down production of the 737 Max if the plane’s return is significantly delayed beyond the company’s October forecast.

UTC announced the company will be merging with Raytheon.

UTC announced the company will be merging with Raytheon.

There were more than a few sniffles from the audience at the premiere of “Avengers: Endgame” Monday night in Los Angeles, which Chris Evans and Chris Hemsworth proudly admitted contributing to.

Chris Pratt took his fiancée Katherine Schwarzenegger on their first red carpet walk at the “Avengers: Endgame” premiere on Monday

Bank of America is raising the minimum wage for employees this year and plans to hike it to $20 an hour in two years. “If you get a job at Bank of America, you’ll make $41,000,” Chairman and CEO Brian Moynihan told MSNBC on Tuesday. “With the success our company has … we have to share that success with our...

Warner Bros. chairman and CEO Kevin Tsujihara announced Monday he would be stepping down from his post two weeks after an explosive Hollywood Reporter article that alleged he promised acting roles in exchange for sex.

WarnerMedia is investigating claims that Warner Bros. chairman and CEO Kevin Tsujihara promised acting roles in exchange for sex as detailed in The Hollywood Reporter Wednesday. The article includes text messages between British actress Charlotte Kirk and Tsujihara going back to 2013 when they were introduced by Australian billionaire James Packer at the Hotel Bel Air past midnight. Packer and...

Hundreds of thousands of federal workers return to work on Monday, Jan. 28, after lawmakers struck a deal with President Donald Trump to temporarily reopen the government for three weeks. Another shutdown is still on the table, as Trump push to secure funding with threats to use Pentagon funds if Congress will not give him $5.7 billion for a physical wall.

Vanguard Group founder and investing pioneer John C. Bogle has died at age 89, according to the company.

Midday Tuesday, billionaire Eddie Lampert’s efforts to keep Sears alive were dead. Lawyers and bankers who had been holed up in the offices of Weil, Gotshal & Manges on Fifth Avenue to work out a deal between Lampert and Sears Holdings were resigned to the reality that the company would liquidate and the Sears chairman’s efforts to save up to...

After less than two years and a precipitous decline in the share price at General Electric, John Flannery was ousted as chairman and CEO of the century-old company. Flannery took over for longtime CEO Jeff Immelt in June 2017 with the company trying to re-establish its industrial roots, albeit a high-tech version of itself. However, as Flannery has restructured the...

Elon Musk’s erratic behavior was front and center again this week as the CEO of Tesla conceded that he’s overwhelmed by job stress, pushing his electric car company’s stock down and bringing pressure on its board to take action. Musk’s revelation, in a Thursday interview with The New York Times, came as government regulators are reportedly investigating whether his recent...

A group of founders, current executives and early employees of Tinder sued the dating app’s owner IAC and its subsidiary Match Group for at least $2 billion, claiming the defendants “robbed Tinder employees” by cooking financial information, “undermining Tinder’s valuation and unlawfully stripping away their Tinder stock options.”