Xerox Corp., the largest maker of high-speed color printers, forecast second-quarter profit that beat analysts’ estimates as customers renew spending on printing and office services. The stock rose as much as 8.6 percent.
President Barack Obama conferred today with eight company executives, including Ursula Burns, chief executive officer of Xerox Corp. and Johnson & Johnson CEO William Weldon, on ways to boost the economy and create jobs.
General Motors Co.’s decision to name Mary Barra -- trained as an engineer -- as chief executive officer extends the ranks of women with prowess in science and technology at the highest levels of corporate America.
White House officials have approached American Express Co. Chief Executive Officer Kenneth Chenault about joining President Barack Obama’s second-term administration, possibly as Treasury secretary, according to two people familiar with the matter.