Securities and Exchange Commission Chair Mary Jo White told lawmakers on Tuesday the agency would not try anew to craft rules to make it easier for shareholders to nominate corporate directors but that she was closely watching activists' attempts to do just that.
The trustee recovering money for Bernard Madoff's victims on Monday announced a settlement to recoup $93 million from a "feeder fund" that sent client money to the swindler's firm, boosting the total sum raised to roughly $10.65 billion.
Oil company BP said on Monday it has stopped supporting conservative political group ALEC, becoming the latest corporation to end its membership in a group critics say works to deny the existence of climate change.
Revlon Inc has reached a settlement with a former chief scientific officer whose claims the company's chief executive made derogatory statements about Jews, Americans and black people went viral on social media.
