Glenstrata pay offer is a mere diversion

Most people, even CEOs, consider work-life balance an admirable goal. And the idea that workplace connections and time together away from the desk boost performance is gaining more and more traction.  

Ivan Glasenberg will lose financially, but is unlikely to be held to account for the XStrata deal’s failure by shareholders, writes Sarah Gordon

By Saibus Research:We were surprised that Richard Schulze was willing to pay $24-$26 per share for the 80% of Best Buy (BBY) that he doesn't own, especially after he was pressured into stepping down as Chairman of the Board in May. We are also confused that Dick Schulze knew about Brian Dunn's relationship with a female employee and did not alert the audit committee.

LONDON (

Ivan Glasenberg, CEO of commodities trading giant Glencore , not only joins our list for the first time but does so in style, landing the No. 2 spot with a net worth of $7.2 billion, thanks to Glencore?s IPO in May, which valued the company at $59 billion. The 55-year-old Johannesburg native started at s ...

WASHINGTON — Republicans proposed steep spending cuts on Monday but gave no ground on President Barack Obama’s call to raise taxes on the wealthiest in their first formal proposal to avert a “fiscal cliff” that could push the U.S. economy into recession. After days of stalemate, the Republican offer shows deep differences with President Barack Obama as the two sides work to head off across-the-board spending cuts and tax increases due to take effect in January.

Commodities trader Glencore and mining outfit are engaged in merger talks, with a formal??deal expected to be hammered out as early as next week.??If indeed successful, the negotiations could produce a vertically integrated??mining and commodities??marketing behemoth with a market cap north of $80 billion. Glencore?s chief executive and largest shareholder, Australian??Ivan Glasenberg, has made no ...