Carl Icahn acquires 'large position' in Allergan, backs CEO

(Reuters) - Billionaire investor Carl Icahn said on Tuesday he had acquired a "large position" in Botox-maker Allergan Plc and that he was very supportive of Chief Executive Officer Brent Saunders.

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Sumner Redstone suggests he could oust Viacom board, CEO

(Reuters) - Sumner Redstone made clear on Friday that he is considering ousting Viacom's chief executive and the company's board of directors in the fierce power struggle between Redstone's family and company executives over control of the media empire.

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Viacom CEO Dauman seeks trial by end-Sept over Redstone trust

(Reuters) - Viacom Inc Chief Executive Officer Philippe Dauman has asked a Massachusetts court to expedite a legal challenge to his removal from a trust that will determine the entertainment company's future after controlling shareholder Sumner Redstone dies or is deemed incapacitated.

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More challenges than cheer for Apple chief on Asia tour

MUMBAI/BEIJING (Reuters) - With slowing iPhone sales in China, Apple Inc is having to take India more seriously, but investors hoping for a stock price fillip from CEO Tim Cook's week-long Asia trip instead were given a taste of the daunting challenges that lie ahead.

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Viacom CEO Dauman files suit over removal from Sumner Redstone's trust

(Reuters) - Viacom Inc Chief Executive Philippe Dauman filed a complaint Monday morning to stop Sumner Redstone from removing him and George Abrams from the media mogul's trust, Dauman and Abrams said in a statement Monday.

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Sumner Redstone removes Viacom CEO and board member from trust

(Reuters) - Media mogul Sumner Redstone has removed Viacom CEO Philippe Dauman and Viacom board member George Abrams from the seven-person trust that will determine the fate of both Viacom and CBS in the event of his incapacitation or death, two people familiar with the situation told Reuters Friday.

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CEOs get 335 times what average worker makes: unions

BOSTON (Reuters) - Chief executive officers of S&P 500 companies on average made 335 times more money than the average rank-and-file worker last year, down from a multiple of 373 in 2014, according to a union study released on Tuesday.

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Sumner Redstone has power to remove Viacom CEO from his trust

(Reuters) - Sumner Redstone has the power to remove Viacom Inc Chief Executive Philippe Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire after his incapacitation or death, according to two sources familiar with the matter.

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Exclusive: Hanover Insurance taps Zubretsky as new CEO - sources

(Reuters) - U.S. property and casualty insurance company Hanover Insurance Group Inc has hired former health insurer Aetna Inc chief financial officer Joseph Zubretsky as its new chief executive officer, people familiar with the matter said.

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SWIFT network wasn't hacked in $81 million Bangladesh heist : CEO

FRANKFURT (Reuters) - SWIFT's payment network was not hacked in the $81 million heist on the Bangladesh central bank earlier this year, SWIFT's chief executive said on Thursday, adding it was unlikely to be the last such attack on a bank.

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Lending Club CEO resigns after internal probe, shares plummet

(Reuters/IFR) - Renaud Laplanche, founder and chief executive of online lender Lending Club Corp, resigned after an internal probe found that the company had knowingly sold an investor $22 million of loans that the investor did not want, the company said on Monday.

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U.S. energy CEOs ready for new drilling as oil prices plot upward path

HOUSTON (Reuters) - After cutting spending and staff levels to the bone, U.S. oil executives say they are getting ready for new drilling projects as a 50 percent increase in crude prices since February leads them to believe the worst of the downturn may be over.

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Wall Street values Tesla Motors at $620,000 per car

SAN FRANCISCO (Reuters) - Company founder and CEO Elon Musk may not mention Tesla Motors Inc's stock price when his electric car company gives its latest financial update on Wednesday, but it will be front and center for investors divided over its seemingly rich valuation.

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