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P&G Brings Back A.G. Lafley As Chairman & CEO
Industry & Commerce 12 hours ago
Procter and Gamble said it is bringing former CEO A.G. Lafley out of retirement to be its new Chairman and CEO, effective immediately. He replaces Bob McDonald, the man who succeeded Lafley in 2009.
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Chesapeake Snatches Away Rival's Exec As New CEO
Chesapeake Energy said it hired Robert Douglas Lawler of rival Anadarko Petroleum as chief executive, filling the post vacated by co-founder Aubrey McClendon.
Formula One's $12bn IPO on Track
Private equity firm CVC Capital is targeting a $12bn (£7.8bn) market capitalisation for Formula One in its planned flotation on the Singapore stock exchange, according to a source close to the company.
Amazon Faces Whistleblower's Claims Over UK Business Tax Practices
Amazon is facing mounting questions over the extent of the business activities conducted out of Patriot Court, its headquarters in Slough, threatening to throw the group's controversial UK tax structure into disarray.
Featured Deal For CHICAGO
Two Water Park Passes at Vernon Hills Park District Family Aquatic Center
Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.
Dow Chemical To Pay $1.2 Billion In Price-Fixing Case
A federal judge in Kansas City, Kansas, ordered Dow Chemical Co on Wednesday to pay $1.2bn in a price-fixing case involving chemicals used to make foam products in cars, furniture and packaging, according to court documents.
City Veteran Sir John Bond Voted Off Board Of Glencore Xstrata
City veteran Sir John Bond has suffered the humiliation of being voted off the board of Glencore Xstrata at the £50bn commodity trading giant's annual general meeting in Zug, Switzerland.
Lonhro Agrees Takeover, Ending More Than 100 years as a UK Company
One of the oldest and most colourful names on the London stock market is set to disappear, with a recommended offer for industrial group Lonrho.
BP and Shell Raided in Oil Price-Rigging Investigation
BP, Shell and other big oil companies have been raided by European commission officials investigating allegations they "colluded" to rig oil prices.
Hedge Fund Boss Launches Bold Plan To Break Up Sony
Sony, the Japanese electronics and entertainment giant, is facing an audacious breakup attempt in a battle that could rock the staid Japanese corporate world.
Virgin's Branson Dons A Dress After Losing Bet
Virgin chief executive Richard Branson made his debut as a female flight attendant this weekend, donning a stewardess' uniform and serving drinks to passengers after he lost a bet with a fellow airline magnate.
How One 'Mompreneur' Turned $500 Into Millions
Kendra Scott, a panelist on CNBC Prime's new show "Crowd Rules," shares how she turned $500 into a multimillion-dollar jewelry empire that spans the globe.
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