GE Settles with SEC Over Welch's Perks
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WASHINGTON/BOSTON  - General Electric GE.N and  the U.S. Securities and Exchange Commission settled the  industrial giant's failure to disclose former CEO Jack Welch's  lavish retirement package with a cease-and-desist order on  Thursday.
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US industrial group General Electric received a slap on the wrist from the securities and exchange commission for failing to disclose the retirement package given to former chief executive officer Jack Welch.
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LONDON (CBS.MW) -- General Electric Co. (GE) said it will sell a majority interest in its India-based global business-processing operation GE Capital International Services for $500 million in cash to private
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After last week&#39;s settlement with San Francisco investment adviser Garrett Van Wagoner, you have to wonder how serious the Securities and Exchange Commission is about protecting mutual fund shareholders.
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General Motors Corp., the world's largest automaker, will sign an agreement this week to sell its money-losing locomotive unit to two private U.S. equity groups, sources familiar with the negotiations said on Tuesday.
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General Motors Corp.  said on Thursday it received a document request from the U.S. Securities and Exchange Commission relating to derivative trading of foreign exchange and commodities contracts.
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The Securities and Exchange Commission reached a settlement with the Walt Disney Company over the company's failure to disclose relationships with board members.
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SWS Group Inc.'s  Southwest Securities Inc. subsidiary agreed to pay &#36;10 million to settle charges that managers failed to supervise brokers who had engaged in improper trading of mutual funds, the U.S. Securities and Exchange Commission said on Monday.
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Industrial giant General Electric settled with the U.S. Securities and Exchange Commission on Thursday over its failure to disclose former CEO Jack Welch's lavish retirement package.
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General Electric Co. GE.N said  Friday that two private equity firms completed a deal to buy a  majority interest in its India-based back office unit.
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General Electric Co. violated the law by failing to fully disclose to investors the many perks lavished on its retired chief executive Jack Welch, the Securities and Exchange Commission said Thursday.
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The Securities and Exchange Commission has reached a settlement with two former employees of SpeechWorks International Inc. over claims they used faulty accounting practices to mislead investors. But a third former SpeechWorks employee plans to fight the charges in court.
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Google said that it would grant employees transferable stock options that could be sold as well as exercised.
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General Electric Co. GE.N on Monday  said it would buy a fire detection systems business from SPX  Corp. SPW.N for nearly $1.4 billion in cash in a move to  bolster its building and security systems unit.
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NEW YORK - IBM Corp. said Friday that it has settled part of an employee lawsuit claiming that the world&#39;s biggest seller of computers and related services violated age-discrimination rules when it changed pension plans.
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  acquire a majority interest in its Capital International  Services unit.
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Janus Capital Management agreed Wednesday to pay $100 million to settle allegations by the US Securities and Exchange Commission that the mutual fund company permitted &quot;market timing,&quot; a trading practice at the heart of the mutual fund scandal.