Ten years ago, Congress passed a law intended to penalize chief executive officers whose companies shift their legal addresses to tax havens.
Democrats in Congress are trying to block companies from cutting their tax bills by moving their legal address outside the U.S. through a merger.
Stanley Black & Decker Inc. is making the largest bet since its merger by joining the biggest wave of security-services takeovers in history as a safeguard against the U.S. housing market.
Chief executive officers aren’t always the highest-paid employees.
Michael Cohrs , co-head of investment banking at Deutsche Bank AG , is capping a 15-year career at the German lender just as it becomes a global leader in mergers and acquisitions.
Spectrum Brands Holdings Inc., the consumer-products company controlled by Philip Falcone, is in exclusive talks to buy the home unit of Stanley Black & Decker Inc. for at least $1 billion, said a person with knowledge of the matter.
Goldman Sachs Group Inc. named David “Dusty” Philip co-head of investment banking for industrial companies as George Mattson, who ran or co-ran the group since 2002, prepares to retire.
Companies are planning to sell at least $4.25 billion of debt as offerings of high-yield, high- risk bonds halted for a seventh trading day amid signs of a slowing economy.
A benchmark gauge of U.S. company credit risk fell for a tenth day as banks, hedge funds and other money managers moved trades into a new version of the index.