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CEOs lay off thousands, rake in millions

In 2009, former Hewlett-Packard Chief Executive Mark Hurd slashed 6,400 jobs and his compensation amounted to $24.2 million that year.CEOs of the 50 firms that have laid off the most workers since the onset of the economic crisis in 2008 took home 42 percent more pay in 2009 than their peers, a new report finds.






Chief executive officer - Financial crisis - Layoff - United States - Law

Burger King may be mulling possible sale
Burger King, the No. 2 U.S. hamburger chain, has been considering a possible sale and has held talks with potential buyers, a source familiar with the situation says.


Burger King - Hamburger - 3i - Business - Private equity

Ex-CEO: U.S. saved other firms, but not Lehman

Former Lehman Brothers Chairman and CEO Richard Fuld testifies before the Financial Crisis Inquiry Commission for a hearing about extraordinary government intervention and the recent financial crisis, on Capitol Hill.The former chief of Lehman Brothers told a panel investigating the financial crisis that the Wall Street firm could have been rescued, but regulators' refused to helps.





Lehman Brothers - Wall Street - United States - Financial crisis - Business

Facebook CEO: Keep private life out of lawsuit
Facebook  Chief Executive Mark Zuckerberg says a lawsuit by a man who claims to own a huge chunk of the social networking site is seeking to uncover needless details about his private life.


Facebook - Mark Zuckerberg - Social network service - Chief executive officer - Social network
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