Chief Executive | featured news

BP PLC Chief Executive Tony Hayward sought Friday to reassure investors about the fallout of the oil spill, saying the company has "considerable firepower" to cope with costs.

Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.

Chrysler broke even in September and finished the month with more cash than it had at the end of June, the company's chief executive said on Wednesday.

Walmart has stepped up efforts to mobilise local political support for new store openings in US cities and urban areas that were last month identified as a growth priority for the retailer by Mike Duke, its chief executive.

Carol Bartz, the chief executive of Yahoo, says that immediate feedback is important for employees.

The embattled chief executive, under pressure over the disclosure of losses and bonuses at Merrill Lynch, told the board on Wednesday that he planned to retire, people briefed on the situation said.