top executives

The average rate of pay for top executives came down last year though CEOs at larger companies received substantial raises, according to a study released Thursday.

Investors in the insurance company Aflac have become the first shareholders of a major U.S. company to vote on top executives' salaries.

They overwhelmingly rubber-stamped a pay package put together by the board of directors. John Dimsdale reports.

Federal regulators and top executives at JPMorgan Chase and Bear Stearns told lawmakers Thursday that the 11th-hour deal between the two firms prevented a collapse that could have inflicted serious damage to the American financial system and the broader economy.

Congress on Thursday will scrutinize JPMorgan Chase's controversial acquisition of Bear Stearns and quiz top executives from both firms as well as the regulators who helped engineer the rescue.

A man pretending to be a Wall Street analyst has been prank calling CEOs and other top executives on earnings conference calls.