Jeffrey Mezger, the CEO of home builder KB Home, had his bonus cut after comedian Kathy Griffin called the cops on him. He's now on notice. But he'll want to keep his job. Shares are soaring thanks to a solid housing market.
At the start of 2015, H&M was king of fast fashion. It sold tee shirts for less than $10, shoes for less than $30, and its stock sold for more than $320 a share. But those days are over.
Longtime Chevron CEO John Watson is stepping down, clearing the way for a new captain to steer the oil giant through a turbulent period in the industry.
President Trump said Puerto Rico owes billions to Wall Street and the banks that "must be dealt with." But most of Puerto Rico's $73 billion in debt is owned by mom-and-pop investors through mutual funds.
Nike, the worst performer in the Dow in 2016, continues to struggle. Although sales were up in China, a drop in demand for the Swoosh's products in the U.S. are hurting Nike.