CEO confidence falls for first time in 5 years
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DAVOS, Switzerland  - Confidence among leaders of the world's top companies has fallen for the first time in five years, with the specter of global recession now the single biggest factor keeping executives awake at night.
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After delaying its IPO and losing its CEO, the company reduces staff to navigate short-term challenges.
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A chartered accountants'' body says confidence has fallen, but there will be no recession.
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Business & money: City expected poor results after chief executive described operating performance as 'dreadful'.
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Having lost the confidence of his board, E. Stanley OâNeal is expected to resign as early as Monday as chairman and chief executive of Merrill Lynch.
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Manufacturers&#39; business confidence in the three months to October deteriorated to its weakest level since the middle of last year as input prices, particularly oil, remained high, a survey shows.
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Bank of England chief Mervyn King has been reappointed for a further five years, a government spokesman said Wednesday, ending speculation over his future due to the Northern Rock bank crisis.
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Consumer confidence fell sharply in January on worries over deteriorating business conditions and a weakening job market, a business research group said Tuesday.
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PeopleSoft Inc. , which is trying to fight off a hostile takeover by rival Oracle Corp. , on Friday said its board had ousted President and Chief Executive Craig Conway due to "a loss of confidence" in his ability to lead the software company.
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Recession fears are weighing heavily on U.S. corporate finance chiefs, pushing optimism down to a fresh three-year low, according to a survey on Wednesday.
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The company's dismal earnings have dimmed investor enthusiasm.
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After seeing revenue growth for five quarters in a row, waning interest in the enterprise market results in a drop.
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Chief executives have been an embattled group lately. Bristol-Myers Squibb (BMY), Ford (F) and Viacom (VIA, VIA.B) each replaced their top executives in recent days.
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The stock market plunged as investors were hit by fresh worries over declining consumer confidence, falling house prices, shrinking profits and uncertainty.
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CHICAGO -- Shares of Kraft Foods Inc. fell Tuesday as the company's CEO announced a new phase of the company's turnaround plan that she hopes will help the world's second-largest food and beverage maker revive its slumping sales.
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CEO James Balsillie doesn't seem too worried about the long term effects from the company's recent 3-hour outage this week.
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Five years ago today, Bill Gates surprised the tech world by handing his CEO title to Steve Ballmer. Has the company changed?