corporate news stories on Newser

Corporate Cash Won't Ruin American Democracy

Nick McMaster — Mon, 11 Oct 2010 13:38:00 CDT

Barack Obama and many others would have you believe that the flood of corporate money that was unleashed after the "Citizens United" ruling will drown American democracy. But just how valid is all their moaning? Not very, writes the Economist in its Lexington column. Though special interests are spending five...

Manage Like a Marine

Harry Kimball — Mon, 02 Nov 2009 13:58:05 CST

Marine officers Timothy Saint and Nicholas Smith "learned a lot about leadership and management that we wish someone had told us as boot lieutenants" during their service in Iraq, and most of it applies to young managers in the corporate world. They provide some guidance on Business Insider : Listen and...

As Staffers Take Pay Cuts, NYT Execs Get Bonuses

Ambreen Ali — Wed, 22 Apr 2009 15:12:14 CDT

New York Times Co. executives have taken big bonuses as their newsrooms endure layoffs and pay cuts, a proxy statement filed with the SEC reveals. At the eye of the storm is CEO Janet Robinson, whose compensation in 2008 was more than $1 million greater than her 2007 salary and...

His Fundraising Machine Turns to Transition, Inaugural

Harry Kimball — Wed, 19 Nov 2008 13:26:41 CST

Barack Obama is in fundraising mode again, this time for his transition and inauguration, CNN reports; many hope he will honor his promise to steer clear of special interests and big corporate donors. Though there is almost $10 million in public funds available for transition spending, experts say that’s insufficient....

Exec: I Was Fired for Not Donating to Mitt

Kevin Spak — Thu, 07 Aug 2008 13:56:22 CDT

An ex-executive with a Chicago-based consulting group has filed an employment bias complaint, alleging that he was fired in part for his refusal to donate to Mitt Romney’s campaign, the Wall Street Journal reports. The complaint offers a rare glimpse into the machinery of corporate donations. In emails seen by...

Business Woes? Call a Corporate Psychic

Harry Kimball — Sun, 22 Jun 2008 11:58:13 CDT

More businesses are seeking a new breed of consultant to give them guidance in tough economic times, Newsweek reports: psychics . Blue chip operations across the nation, from tech concerns to corporate law firms, are coughing up big bucks to hire “intuitionists,” with executives hoping their otherworldly expertise will give them...

Office Workers Demand Macs

Ambreen Ali — Sun, 04 May 2008 18:15:00 CDT

The exclusive club of Mac devotees is quietly expanding from students and artists to the corporate world, BusinessWeek reports. And the change is fueled by workers, not sales calls: In fact, nearly nine in 10 recently surveyed companies admitted that Mac-loving workers are influencing computer buys. And it's contributing to...

IBM Launches Social Mapping Biz Tool

Sam Biddle — Sat, 29 Dec 2007 19:39:06 CST

IBM has released a software tool named 'Atlas' that aims to track and analyze statistical relationships among individuals in a corporate setting, MIT Technology Review reports. Employees are given the opportunity to partake in business-adapted online practices—blogging, social grouping, bookmarking, organizing projects—and Atlas creates a "social graph" of...

Sprint Nextel: A House Divided

Jim O'Neill — Sun, 25 Nov 2007 13:27:00 CST

The $35 billion merger of long-distance carrier Sprint and wireless innovator Nextel sought to create a company capable of competing with the nation’s largest wireless carriers, Verizon and AT&T. Instead, distinct cultures have warred over everything from ad strategies to executive teams, leaving the company with poor morale, stalled projects,...