Merrill executives received no bonuses for 2007
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Merrill Lynch &amp; Co Inc  said on Wednesday top executives did not receive bonuses for 2007 after the world's largest brokerage posted $12.1 billion in net losses during the second half of the year.
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Google Inc.  said on Friday its board of directors had agreed to pay executive officers a bonus of up to $1.5 million total for 2006, but it was not clear if the plan applied to the billionaires who started the Web search leader.
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Goldman Sachs Group's  board of  directors awarded a $67.9 million bonus to Chairman and Chief  Executive Lloyd Blankfein for 2007, according to a filing with  regulators.
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Shareholders of Computer Associates International, the software maker tarred by an accounting scandal, Wednesday defeated a proposal calling for current and former executives to return bonuses based on restated results.
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Merrill Lynch & Co.  Chief Executive Stan O'Neal broached the idea of merging with Wachovia Corp.  without first getting board approval, angering some members so much they considered replacements for O'Neal, the New York Times reported on Friday.
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Four former Merrill Lynch and Co. executives and two former midlevel Enron executives conspired to push through a sham sale of barges in 1999 because they didn&#39;t think they&#39;d get caught, a prosecutor said Wednesday.
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By Matt Slagle  In a memo to Dell Inc. employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.
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Dentists warn they may not be able to meet an executive pledge to provide free dental checks by 2007.
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In  the fallout from an accounting scandal, Fannie Mae's top 43 executives will not be awarded bonuses for 2004, the company said Friday night. In addition, potentially lucrative stock awards for the group will be postponed until Fannie Mae sorts out its books.
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Business & money: Merrill Lynch announces its second multi-billon dollar asset writedown â and a massive loss for 2007
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Managers wonât get $87 million for exiting bankruptcy.
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Continental Airlines said Friday it will not make any pension contributions this year, taking advantage of changes in funding rules enacted by Congress that permit carriers to skip certain payments.
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Merrill Lynch & Co. on Wednesday took a $7.9 billion writedown because of the summer's credit crisis, a bigger-than-expected amount that raised the specter of more trouble ahead from risky home loans.
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NEW YORK - Merrill Lynch &amp; Co. chief executive Stan O'Neal has decided to leave the company, The Wall Street Journal reported, citing an unidentified person familiar with the matter.
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Merrill Lynch & Co  plans to announce about 1,600 layoffs after disclosing fourth-quarter write-downs, CNBC reported on Thursday.
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Merrill Lynch & Co Inc  on  Wednesday reported $7.9 billion in write-downs for the  third-quarter -- triggering its first loss in six years -- as  the company was burned by lax risk management and bad bets on  mortgages and leveraged loans for corporate takeovers.
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Wall Street bonuses fell nearly 5 percent in 2007 after a relentless subprime mortgage crisis battered the stock market, forcing the country's biggest investment banks to write down billions in bad loans.