Xerox CEO to stay as Icahn deal deadline expires

Xerox's chief executive and several board members will keep their posts after an agreement with activist shareholders to replace them expired, the company said late Thursday.

US judge temporarily blocks Xerox takeover by Fujifilm

A US judge late Friday temporarily blocked the planned takeover of US photocopy maker Xerox by Japan's Fujifilm, saying the deal prioritized the interests of the Xerox CEO over that of the company's shareholders.

Telecom Italia board hangs up, dials battle for control

Eight members of Telecom Italia's board of directors resigned on Thursday, triggering a re-election of the entire board as an activist investor fund has challenged the control over the company by France's Vivendi.

Tesla stockholders approve Elon Musk compensation

Shareholders of electric car and solar panel maker Tesla Inc. have approved an ambitious pay package for iconic CEO Elon Musk that could net him more than $50 billion if he meets lofty milestones over the next decade, according ...

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