Bob Lutz, America's ultimate car guy and the man credited with leading wild success at Chrysler in the 1990s and a near-complete overhaul of General Motors Corp.'s vehicle lineup, has decided to retire from the business at the end of the year.
It's one of the ironies of the U.S. financial bailout: The banking executives now managing billions in taxpayer money are the same ones who oversaw the industry's near collapse.
Many oil and gas company executives are predicting a significant ramp-up of renewable energy use over the next five years to run cars and trucks and generate electricity, according to a new survey.
Black women face special challenges in their efforts to reach the top levels of corporate America, according to a new study.
Ford Motor Co.'s December sales are faring well, at least through the first two weeks of the month, Executive Chairman Bill Ford Jr. said Tuesday.
Microsoft Corp. on Thursday tapped a former Yahoo search executive to lead its online push, adding to the intrigue surrounding a possible search partnership between the two rivals.
Embattled auto company chief executives scored some points with Congress by driving — instead of flying — to the hearings on a possible federal assistance package.
Ford Motor Co. has pulled an executive back from Europe to run its North American factories in an effort to free the current manufacturing chief to focus on standardizing the automaker's operations across the globe.
The CEO of failed Washington Mutual Inc. and five other senior executives of the largest U.S. thrift, now owned by JPMorgan Chase & Co., are leaving their positions soon.
Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization.
Fannie Mae says three top executives are leaving as the mortgage finance company aims to cope with mounting losses from the mortgage crisis.
Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.
Federal regulators on Monday said eight former Time Warner Inc. executives fraudulently inflated the company's online advertising revenues by more than $1 billion between 2000 and 2002.
An executive exodus from troubled online brokerage E-Trade Financial Corp. is continuing, with the chief financial officer's and general counsel's departures announced Friday as the company grapples with massive losses stemming from its hemorrhaging mortgage business.
Toyota Motor Corp. on Tuesday said that nine of its U.S. executives plan to retire by the end of the year, sparking speculation that the automaker may be looking to revamp its executive lineup in the midst of an increasingly tough U.S. sales environment.
A government proposal to freeze interest rates on millions of loans made to risky borrowers reflects political and financial realities of the housing market crisis, analysts say.
General Motors Corp., which says a return to profitability will require sacrifices from all involved, announced plans on Tuesday to rein in white-collar pension and health care expenses, slash the dividend and trim executive salaries — moves some analysts say suggest it might seek benefit cuts from union workers.