Morgan Stanley's (MS.N) board of directors awarded Chairman and Chief Executive James Gorman $4.4 million in restricted stock as part of his 2014 bonus, the Wall Street bank said in a regulatory filing on Friday.
Firm Management
Treasury official among those eyed for regional U.S. Fed openings
A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.
Politics, mobile overshadow Alibaba's fairy-tale run
Alibaba Group Holding Ltd's underwhelming holiday quarter performance and an escalating war of words with a powerful Chinese industry regulator highlight two major risks to its seemingly fairy-tale ascent: politics and the shift to mobile commerce.
McDonald's CEO Don Thompson to retire
McDonald's Corp (MCD.N) said Chief Executive Don Thompson would retire at the end of February and be succeeded by Steve Easterbrook, the company's chief brand officer.
Sotheby's to raise charges for art buyers
Buying art at Sotheby's (BID.N) will soon become more expensive as the top international auction house announced it is increasing its buyer's premium, the rates it charges a successful bidder.
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JPMorgan Chase & Co (JPM.N) paid Chief Executive Jamie Dimon a first cash bonus in three years, part of a total 2014 pay package of $20 million that was unchanged from the year before.
Takeda Pharmaceutical, Japan's largest drugmaker, is ready to look at doing deals now that it has refocused operations, its incoming chief executive said on Wednesday.
Union and oil company negotiators began talks on Wednesday for a new nationwide contract covering hourly workers at 63 U.S. refineries that account for 64 percent of national refining capacity, according to a union spokeswoman.
American Express Co will cut more than 4,000 jobs this year, an executive said, after the credit card company also reported higher quarterly expenses and provisions for bad loans.
The Bank of Japan cut next fiscal year's inflation forecast on Wednesday and expanded a loan scheme aimed at boosting lending, acting to deflect criticism that it is sitting idly as slumping oil prices keep inflation well short of its target.
United Continental Holdings Inc (UAL.N) said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co (BA.N) for larger 777-300ER jetliners, also made by the Chicago-based planemaker.
Wall Street investment bank Morgan Stanley said it would pay a smaller portion of revenue in bonuses to its bankers and traders this year even in a better revenue environment.
DreamWorks Animation SKG Inc has begun a round of layoffs, a labor union said on Monday, while media reports indicated that up to 400 employees could be cut from the studio's workforce.
South Korean tech giant Samsung Electronics Co Ltd is considering a stock split, a company executive said on Tuesday, as sliding profits put pressure on the firm to keep investors happy.
