  | | | Chesapeake investors to take over board | | (Reuters) - Top shareholders of Chesapeake Energy Corp will take control of the board of directors after the natural gas producer came under intense pressure to reform following a governance crisis and poor financial performance. | | | |  | | | MF trustee: Corzine mismanaged growth of firm | | NEW YORK (Reuters) - Jon Corzine failed to address MF Global Holdings Ltd's growing liquidity needs as he tried to build the commodities broker into a global investment powerhouse, helping create the conditions that led to its downfall, a trustee in MF's bankruptcy said on Monday. | | | |  | | | "No" votes jump against Wal-Mart CEO, directors | | (Reuters) - Wal-Mart Stores Inc shareholders voted in far larger numbers than in the past against the re-election of Chief Executive Mike Duke and others to the company's board in a rebuke after a Mexican bribery scandal. | | | |  | | | Analysis: Chinese drivers pose fresh risks for foreign insurers | | HONG KONG (Reuters) - "People like us who buy Ferraris don't care too much about insurance because we buy cars for speeding," said Li, in his twenties and the son of a Pearl River Delta factory owner, as he took delivery of a new 5 million yuan ($787,500) 458 Spider, his fourth red Ferrari. "If we crash, we just throw them away." | | | |  | | | RIM shares slide further as investor fears mount | | TORONTO (Reuters) - Research In Motion's share price on Monday breached a level that technical analysts say could spur further declines, after an analyst warned that the BlackBerry maker's sales were dismal last month. | | | |  | | | BofA masked Merrill loss before 2008 vote - filings | | (Reuters) - Top executives at Bank of America Corp did not tell shareholders just before a 2008 vote on its purchase of Merrill Lynch & Co that Merrill's losses were mounting and expected to weigh down earnings for years, papers filed in private shareholder litigation show. | | | |  | | | G7 to hold emergency euro zone talks, Spain top concern | | TORONTO/BERLIN (Reuters) - Finance chiefs of the Group of Seven leading industrialized powers will hold emergency talks on the euro zone debt crisis on Tuesday in a sign of heightened global alarm about strains in the 17-nation European currency area. | | | |  | | | Some claims vs Madoff-linked Santander fund tossed | | (Reuters) - Banco Santander SA on Monday won the dismissal of U.S. federal securities law claims in a lawsuit by investors in a $3.1 billion hedge fund arm that funneled money to the now-imprisoned swindler Bernard Madoff. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
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