Michael urged stakeholders of Dell Inc. to vote in favor of his buyout proposal prior shareholder's meeting next month.
People
Poloz: Bank of Canada in Uncharted Territory
Stephen Poloz, new central bank chief for Bank of Canada said on Wednesday that the bank can no longer rely on its usual models to assess the economy.
Putin Announces Investment Plan
Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.
Jefferies Prepares Loans for Icahn's Dell bid
Jefferies & Co backed billionaire Carl Icahn's bid for the computer maker Dell Inc. with US$5.2 billion loan.
Mattera Gets 11 Years for Facebook and Groupon Scam
John Mattera, former hedge fund manager of Praetorian Global Fund Ltd. was sentenced 11 years of imprisonment after pleading guilty to Facebook and Groupon scam.
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Voklswagen named Ulrick Hackenberg as Audi's new head. (Photo : REUTERS) Volkswagen AG recently announced Ulrich Hackenberg as the new head of its Audi brand, replacing Wolfgang Duerheimer.
PepsiCo India left the company today to pursue other endeavors. (Photo : Reuters)This is an image of a Pepsi product. PepsiCo Inc. 's Indian operations president Manu Anand quit his position today after serving the globally iconic snack food producer for 19 years.
Sky Deutschland's supervisory board will be joined by James Murdoch, causing the shares of the company to fall.
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Rabobank CEO Piet Moerland is set to step down by 2014. (Photo : )The image is the corporate logo of Rabobank. Dutch cooperative lender Rabobank, which is in the midst of the LIBOR interest rate scandal, has announced that its CEO Piet Moerland would be leaving the financial institution by next year.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Joyce Storm joins Wheelock Street Capital as principal. (Photo : Reuters)This is an example of real estate. Wheelock Street Capital recently announced Joyce Storm as its new principal.
Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
