The Nasdaq Stock Market is close to inking a deal to acquire the 218-year-old Philadelphia Stock Exchange for roughly $650 million. The tech-heavy market wants the PHLX so it can expand into the lucrative business of trading options, according to...
Freddie Mac Leland Brendsel, the former CEO of Freddie Mac, will forego or re turn over $15 million in compensation in a settle ment announced by the mortgage finance com pany's regulator. The settlement marks the last dispute that the Office of...
Music publishing power broker Marty Bandier continues to stockpile talent at Sony/ATV Music Publishing, this time outbidding Warner Music Group's Warner Chappell Music Publishing for the rights to the song catalog of pop producer John Shanks...
Conrad Black, the former Hollinger International Inc. chairman convicted in July of mail fraud and obstruction of justice, said he may spend time in jail and that he's not afraid of it. "Mistakes are made," said Black, who maintains his innocence...
FASHION house Hugo Boss plans to move into about 4,100 square feet at the former Western Beef building at 401 W. 14th St. - the same place where Apple expects to open a store. "We've had strong interest throughout the marketing process from a...
Morgan Stanley CEO John Mack could become the next Wall Street bigwig to find himself on the hot seat after two analysts predicted his firm is poised to book a massive write-down related to its exposure to troubled asset-backed securities and...
Time Warner is planning to tie a large portion of CEO designate Jeff Bewkes' compensation to its share price performance, The Post has learned. When details of Bewkes' pay package are filed with regulators, "a good share of it will be equity-based...
How's this for irony: David Geffen thinks Viacom Chairman Sumner Redstone is a bully. "Redstone, he is accustomed to bullying people. And I will not be bullied," Geffen is quoted as saying in a Vanity Fair article about the festering feud between...
After months of speculation, Facebook Chief Executive Mark Zuckerberg took to the stage yesterday to introduce a long-awaited ad system the company needs to make real money. As expected, Facebook Ads will target users based on their activities on...
As the search sputters for replacements to take the CEO posts at headless banks Citigroup and Merrill Lynch, a couple of surprising dark horse candidates are popping up on the list of possible contenders. Among the latest names being bandied about...
CBS News is expanding its brand presence on Logo, the gay network from Viacom's MTV Networks. Starting Monday, the venerable news division launches "CBS News on Logo," a weekly half-hour news program aimed at lesbian, gay, bisexual and transgender...
IT'S now getting personal between Rachael Ray and Martha Stewart. Every Day with Rachael Ray has finally landed a new publisher for the magazine, filling a post that's been vacant since Chris Guilfoyle jumped to Condé Nast-owned Women's Wear Daily...
Yahoo! Chief Executive Jerry Yang apologized to the mother of an imprisoned Chinese dissident during testimony at a heated congressional hearing probing the company's role in jailing the man. Members of the House Foreign Affairs Committee...
Oil could break the $100-a-barrel barrier today, fueling fears of an economy-wrecking inflation rate that could empty Christmas stockings. Crude soared past $97 a barrel yesterday, with analysts saying the price could jump easily into...
