GE Seeks to Grow Energy Business with $3.1B Bid for Lufkin
GE plans to further expand its holdings in the energy industry by buying oilfield-services provider Lufkin Industries for about $2.98 billion.
jeffrey immelt
Why We Have a Lack of Corporate Leadership
What makes a truly great leader? Attention to detail, a vision for the future, or maybe a strong personality? How about an education from Harvard or another top business school? Maybe the formula for superior leadership is much simpler; maybe the best way to spot a great leader is simply to look for someone who doesn't focus on profits.
Are CEOs Worth the High Salaries and Big Bonuses?
CEO bonuses rose 30.5% in the past year, but are the heads of large U.S. firms really earning their hefty compensation packages by creating increased profits and shareholder value? A closer look reveals wide disparities: There are some Bargain CEOs, but also some Hogs and Value Destroyers.
Sifting for Truths in Latest Goldman Sachs Rumors
Four pieces of information reported recently, each with a different level of confirmation, show the extent to which the future of Goldman Sachs may be determined be the mainstream press, and the extent to which "news" about it is often not confirmed by the investment bank, its clients, or federal regulators.
