Morgan Stanley, via Bloomberg News Ruth Porat, the chief financial officer at Morgan Stanley, is one of the top women in banking. Ruth M. Porat has a knack for escaping unscathed from tough situations. She joined Morgan Stanley in 1987 just before the stock market crash yet managed to hang onto her job. During the [...]
The outcome of the elections, with its GOP resurgence and its influx of candidates backed by the tea party movement, has spurred much commentary and reporting on how and whether the White House and its Democratic allies on Capitol Hill can find any common ground with the Republicans on key issues. But a pair of [...]
Carl C. Icahn says he has bought more debt in Metro-Goldwyn-Mayer to add to his stake as he seeks to block a pending deal between the studio and Spyglass Entertainment, Reuters reported. Mr. Icahn said on Wednesday that he had purchased a “substantial amount” of MGM senior secured loans at a purchase price of 50 [...]
A secretive network of Republican donors, which includes chiefs from the hedge fund and private equity industries, media moguls and wealthy individuals, is heading to the Palm Springs area for a long weekend in January, but it will not be to relax after a hard-fought election — it will be to plan for the next [...]
Republican John Raese may have thrown enough of a scare into West Virginia Democrats to get them to wake up to the possibility that popular Democratic Gov. Joe Manchin could lose the race to fill the Senate seat that the late Robert Byrd held for more than a half a century. A Rasmussen Reports poll [...]
1:04 p.m. | Updated Skype, the popular Internet video and phone service, has hired a top official at Cisco Systems as its new chief executive, according to people familiar with the appointment. Tony Bates, who leads the networking giant’s enterprise, commercial and small-business unit — a division with $20 billion in annual revenue and about [...]
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