CA Shareholders Reject Compensation Recovery Plan
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Executives urge patience as the company continues to review payments to executives who left in the wake of an accounting scandal. By Darrell Dunn.
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Australian travel retailer Flight Center Ltd.  said its planned A$1.62 billion ($1.28 billion) management buy-out did not receive shareholder approval at a meeting on Wednesday.
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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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SYDNEY: Directors of Australian mining giant WMC Resources Ltd. have rejected a renewed A$7.4b (US$5.7b) takeover offer from British-Swiss Xstrata Plc.
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Sacramento -- The Schwarzenegger administration offered a counterproposal on how to pay for the Bay Bridge&#39;s $2.3 billion cost overruns Thursday, but local lawmakers immediately rejected the plan as time was running out for a solution.
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PLEASANTON, California The board of directors of PeopleSoft has rejected Oracle&#39;s $9.2 billion takeover bid, continuing its resistance a day after the company&#39;s own shareholders tendered more than 60 percent of stock to Oracle.
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Oilfield services firm Halliburton Co. on Friday advised its shareholders to reject a discounted tender offer from a Canadian investment company that is looking to buy up to 3 million Halliburton shares.
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Senior executives at business software group PeopleSoft unanimously recommended that its shareholders reject a 8.8 billion dollar takeover bid from Oracle Corp, PeopleSoft said in a statement Wednesday.
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Business & money: Investor group says board withheld information and  threatens class action suit against the bank.
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The Environmental Protection Agency ignored the advice of its employees in rejecting Californiaâs request to set rules on automotive carbon dioxide emissions.
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INDIANAPOLIS -- A federal judge yesterday rejected a Boston investor's bid for ATA Airlines Inc.'s Chicago Express regional carrier as part of the airline's bankruptcy reorganization.
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California Gov. Arnold Schwarzenegger, under fire from American Indians for telling voters that tribes were "ripping off" the state with their casinos, refused on Friday to back down from the charge.
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SANTA CLARA, California  - Yahoo Inc.  shareholders voted down proposals to tie executive pay to competitive performance and challenge the company's human rights policies in China at their annual meeting on Tuesday.
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Victims of a toxic waste spill in Ivory Coast reject a $200,000 compensation deal as cynical.
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SACRAMENTO, Calif., Nov. 16, 2004 (SmartPros) California Public Employees&#39; Retirement System (CalPERS) has a new plan &quot;to reign in abusive compensation practices in corporate America and hold directors and
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A federal appeals court has rejected a $1.2 billion asbestos settlement plan for ABB Ltd., a setback for restructuring efforts by the Swiss-Swedish engineering company.
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LOS ANGELES (CBS.MW) -- A Delaware judge rejected the proposed settlement of a lawsuit brought against PeopleSoft Inc. by shareholders over the company&#39;s resistance to Oracle Corp.