CEOS

Elon Musk is clearing up questions around taking Tesla private, saying his claim last week that the necessary funding had been secured was based on repeated and ongoing conversations with the Saudis. “Going back almost two years, the Saudi Arabian sovereign wealth fund has approached me multiple times about taking Tesla private,” Musk said in …

General Electric Chairman and CEO John Flannery told CNBC on Tuesday that he’s very comfortable now with what’s going on inside the company. “I’m a believer,” Flannery said in an interview with “Squawk on the Street.” “I’m very comfortable. When we have seen issues along the way, we’ve serviced them, we’ve dealt with them and …

GE’s turnaround strategy is becoming clear. The company announced plans on Tuesday to spin off its health-care unit and separate its stake in oil services company Baker Hughes over the next two to three years. GE will focus its operations on the aviation, power and renewable energy businesses. “Today marks an important milestone in GE’s …

VW’s board meets to decide who will steer the company out of crisis.

Courtney Reagan takes a look at what J.C. Penney’s new CEO is inheriting.

Embattled Twitter CEO Dick Costolo will step down on July 1, the company said Thursday. Costolo will remain on the social media company’s board while Chairman Jack Dorsey will take the position on an interim basis. Twitter shares spiked 8 percent in extended trading. This story is developing. Please check back for further updates. Click …

While CEOs hail a new era in cancer treatments, one prominent physician blasts high drug prices.

Sharon Epperson takes a look at the top earners in America’s C-suites.

Tyler Mathisen asks Vanguard’s chief about the rising interest rate environment and what it could mean for bonds and stocks.

Tyler Mathisen sits down with Walt Bettinger, CEO of Charles Schwab to discuss whether investors are well positioned for changing interest rates.

Major private equity fund managers, including several billionaires, gave their best investment idea at the Milken Institute Global Conference. Speaking in Los Angeles on Monday, each revealed what they thought was the surest way to make money by investing in private assets. Read More Trust robots with money, not ’emotional’ humans Steve Schwarzman, chairman, CEO and …

A preliminary look at CEO pay at some of the country’s biggest companies finds that high-level pay keeps rising.

Mike Del Ponte literally stumbled upon his business idea when one of his guests asked him for a glass of water at a dinner party in San Francisco three years ago. He accidentally overturned his Brita water pitcher taking it out of the refrigerator, and while cleaning up the mess, he thought surely he could …

Former AIG CEO and President Robert “Bob” Benmosche died Friday at NYU Langone Medical Center. He was 70 and had undergone treatment for lung cancer since 2010. “We announce this news with profound sadness, and our thoughts and prayers are with Bob’s family at this difficult time,” Chairman Robert S. Miller said in a statement. …

Mary Thompson takes a look at the CEOs that have survived the dot com bust and the secret to longevity.