Cisco Systems Inc. shareholder Ralph Nader, a former presidential candidate and consumer advocate, reiterated a call for Chief Executive Officer John Chambers to issue a special dividend and increase the existing one.
Consumer activist Ralph Nader and a free-market group whose funders include billionaires Charles and David Koch are part of a growing crowd urging the Senate to preserve value for investors in Fannie Mae and Freddie Mac.
General Motors Co.’s Mary Barra will bring corporate baggage to Washington when she testifies before Congress this week: GM’s history of contentious battles over vehicle safety stretching back 50 years to the Corvair.
When General Motors Co.’s Mary Barra begins Congressional hearings tomorrow as an emissary of what she’s portrayed as a more responsive GM, she will face down decades of skepticism -- plus fresh indications that the automaker decided it would be too expensive to fix the flawed ignition switches behind several deadly crashes.
Why is Congress running away from a financial transactions tax? The intensifying struggle on Capitol Hill over revenue, spending and deficits , coupled with the widely felt, reckless behavior of Wall Street, would seem to provide an ideal atmosphere to debate a major source of new income that also helps to restrict rampant speculation.