Elon Musk had said that not many among the richest people in the world have more than one child. But, a review of some of the richest people in the US proves otherwise.
Elon Musk had said that not many among the richest people in the world have more than one child. But, a review of some of the richest people in the US proves otherwise.
FMCG giant Unilever said billionaire investor activist Nelson Peltz will join its board. Peltz is known for reshaping large consumer goods firms such as Mondelēz International and Procter & Gamble.
Shares in the London-listed group jumped 7 percent as it said Peltz, who has amassed a 1.5 percent stake in Unilever, will join as a non-executive director from July and serve as a member of the board's compensation committee.
Immelt, who was expected to retire by the end of this year, had resigned as GE's CEO in June amid amounting pressure from activist-investor Nelson Peltz's Trian Fund Management for operation changes.
Forbes's 12th annual list of the 100 most influential women feature extraordinary entrepreneurs, visionary CEOs, politicians, celebrity role models, billionaire activists and pioneer philanthropists who are "transforming the world" and and have been "ranked by dollars, media presence and impact".
Companies have not really understood how investors think about governance issues: Friedman
PepsiCo's profits rose in the second quarter as it raised prices and increased sales while cutting costs. Net income at the maker of Mountain Dew and Doritos rose 35 per cent to USD 2.01bn, or USD 1.28 a share, from USD 1.49bn, or 94 cents a share last year.