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An affiliate of the Hyundai Group, South Korea's largest conglomerate, says it plans to lay off about 25percentt of its top executives in response to mounting pressure to reduce its debts.
Ace Dismisses 2 Executives In Response to Inquiry Ace Ltd., a Bermuda insurer that is a subject of the New York attorney general's investigation into bid-rigging and price fixing in the insurance industry, dismissed two executives.
In other words, Musk didn't suddenly promote a bunch of executives in response to the negative market reaction Friday to the resignations or his marijuana-sampling during a live-streamed podcast with Joe Rogan.
Nomura's shake-up comes a month after the bank cut pay for both of its top executives in response to the third insider trading scandal since Watanabe, who joined the bank in 1975, took the helm four years ago.
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Groupon shares surged 12.6 percent, to $5.10, a day after the company fired its chief executive in response to weak quarterly results.
"Other parties besides BP may be responsible for costs and liabilities arising from the oil spill, and we expect those parties to live up to their obligations," said Tony Hayward, BP's chief executive, in response to a June 18 statement from one of its partners in the well.
In a call with reporters today, Apple executives spoke in response to a motion the Justice Department filed today to force Apple to comply with a request from the FBI to provide access to the iPhone of Syed Farook taken as evidence in the case of the San Bernardino terrorist killings.
I am aware that you received an email from Chevron executives last week in response to my invitation.
I will tell you what every executive said in response to it.
But Matthew Elliott, its chief executive, said in response to Schäuble: "The eurozone economies are dependent on trade with the UK.
The president signed an executive order in response to a Supreme Court decision granting local governments broad power to bulldoze people's homes to make way for private development.
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