Rajaratnam Defense Strategy Is Questioned

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  Woodside Names Coleman as CEO

  Woodside Petroleum selected Peter Coleman, a 27-year veteran with Exxon Mobil, as its new chief executive, showing how energy companies increasingly prize expertise in major natural-gas developments.

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  Home Builder Pulte to Cut Executives

  PulteGroup, the country's second-largest home builder by sales, is terminating as many as 10 executives at the divisional president level or higher as part of a management-consolidation plan.

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  Employers Put Executive Job Candidates to the Test

  Management assessments such as simulations and personality tests are booming again as companies scramble to find the best leaders for the job.

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  Oil CEOs on Hot Seat

  With gasoline prices above $4 a gallon in much of the U.S., Democrats and Republicans are squaring off over whether to cut tax credits for oil companies enjoying a banner profit year, or let the industry drill more.

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  • WashWire: Democrats Blast ConocoPhillips CEO
  • Oil Falls as IEA Warns on Demand
  • Video: More Drilling for Gulf
  • Vote: Are higher prices hurting you?

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  Medtronic Picks GE Executive as New Head

  Medical-device maker Medtronic named GE executive Omar Ishrak as its chairman and chief executive, effective June 13.

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  Comcast Recruits FCC Member

  Meredith Attwell Baker, a Republican member of the FCC, is stepping down as a commissioner to join cable and Internet giant Comcast.

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  'Condo King of Miami' Is Rebuilding

  Jorge Pérez is attempting a comeback even as Miami's condo market continues to suffer from the glut Mr. Pérez helped create.

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  The Purpose of Power

  It takes power to get things done. Without power, you're impotent—irrespective of your talents or the righteousness of your cause.

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  Boston Scientific CEO to Retire in Surprise Exit

  Boston Scientific's CEO Ray Elliott said he plans to retire at year's end, a surprise exit that comes as the company restructures to lower costs and overhaul its medical-devices portfolio in search of growth.

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  Times Co. Replaces About.com CEO

  New York Times Co. on Tuesday said Cella Irvine has left her post as chief executive of About.com as part of an effort by Times Co. to reinvigorate the challenged network of how-to websites.

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  Anheuser Taps Gum, Candy Veteran For Marketing Post

  Beer giant Anheuser-Busch InBev NV tapped a veteran of the gum and candy industry to try to rejuvenate its marketing in the U.S., where it draws nearly half its profits.

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  A Venture Newbie Stirs Silicon Valley

  Marc Andreessen, co-founder of Netscape and newly minted venture capitalist, is helping change the Silicon Valley deal landscape.

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  Paulson Plays the Lehman Bust

  Hedge-fund manager John Paulson, who made $4 billion betting against subprime mortgages, now is poised to make hundreds of millions cashing in on Lehman's remains.

• Getty Arts Trust Gets New Chief

  The J. Paul Getty Trust, one of the world's wealthiest arts organizations, has hired James Cuno, who has led the Art Institute of Chicago the past seven years, as its new president and chief executive.

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  The Year's Highest-Paid CEOs

  Chief executives at the biggest U.S. companies saw their pay jump sharply in 2010, as boards rewarded them for strong profit and share-price growth with bigger bonuses and stock grants.

  • The Outlook for Executive Pay This Year
  • Which Industries Paid CEOs Best?
  • Photos: Top Five Highest-Paid CEOs
  • Video: What's Behind the Jump in Pay?
  • Chart: CEO Pay at Biggest U.S. Public Companies
  • Executive Pay Draws Scrutiny

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  Oprah Network Ousts Its CEO

  The Oprah Winfrey Network has pushed out its top executive, Christina Norman, after dissatisfaction with the four-month old channel's ratings.

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  Senator Seeks 'Suspicious Trading' Reports on SAC

  SAC Capital Advisors, one of the nation's most prominent hedge funds, is facing heightening regulatory and legislative heat.

  • Probe Eyes Trades by Fund Titan

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  Gap Design Executive to Leave

  Gap said global design executive Patrick Robinson is leaving, and the apparel retailer gave a downbeat forecast. His departure was yet another sign of Gap's failure to breathe new life into its namesake brand.

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  Probe Eyes Trades by Fund Titan

  Prosecutors are examining trades made in an account overseen by hedge-fund manager Steven Cohen that were suggested by two former SAC Capital fund managers who have pleaded guilty to insider trading.

  • News Hub: Hedge-Fund Trades Probed
  • Who Is Steve Cohen? | Evidence Logs
  • The Quirks of Insider Trading Law

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  Help Wanted on Factory Floor

  U.S. manufacturing companies, long known for layoffs and shipping jobs overseas, now find themselves in a very different position: scrambling for scarce talent at home.

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  Sony CEO Apologizes for Breach

  Sony CEO Howard Stringer apologized to customers for a massive data breach of the company's online game networks, in the first public comments from Sony's top executive on the intrusion.

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  • digits: Sony Says Sorry
  • Digits: Read the Letter from Sony CEO Stringer
  • Console Makers Battle for Relevance

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  MTV Networks Chief Resigns

  Viacom said Judy McGrath is resigning from her post as chief executive of its MTV Networks unit, giving the company's top executives more direct control of some of its biggest assets.

  • Grappling With Succession Planning

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  Carrefour Ousts Head of French Business

  Carrefour fired the head of its core French business and indefinitely shelved plans to spin off its property unit, a move that throws the struggling retailer's much-hyped turnaround strategy into question at a critical time.

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  Cisco to Reduce Its Bureaucracy

  Cisco Systems unveiled a reorganization to simplify its management structure, which has been blamed for slowing decision-making.

  • Tech Titan Battle Watch

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  Sony Heir Apparent in Spotlight

  Sony's response to its online security breach, casts a spotlight on Kazuo Hirai, the head of the company's games division and front-runner to become Sony's next chief executive.

  • Console Makers Battle for Relevance

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  Avon Bribe Probe Widens

  Internal investigators at Avon have turned up millions of dollars of questionable payments to officials in Brazil, Mexico, Argentina, India and Japan, widening a probe that had been centered on China. In addition, Avon sacked four executives in its China operations.

  • Anti-Corruption Standards Evolve
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  The Art of Innovation

  London Business School this month will unveil a center to study innovation. Dean Andrew Likierman discusses how innovation is "one of the key drivers of everything that goes on in business."

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  Mexico Court Slams Carlos Slim

  Mexico's Supreme Court ruled that Carlos Slim's cellphone company can't continue to block competitors by using injunctions to ignore the rulings of the country's telephone regulator.

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  Galleon Deliberations to Start Anew

  Jurors were ordered to begin their deliberations from scratch in the insider-trading trial of Galleon founder Raj Rajaratnam after a juror was dismissed for "medical reasons."

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  • The Quirks of Insider Trading Law

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  P&G;'s Exec to Step Down in Realignment

• IMG's Forstmann Treated for Cancer

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  Renren Director Quits Under a Cloud

• Cardin Ready to Sell

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  Air Canada Tries New Approach

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  Buffett Seeks to Limit Damage

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  La Caixa Seeks Growth as Rivals Suffer

• Firms Feeling the Heat on Pay