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The chief executive of Market Basket will remain head of the family business for now, despite a marathon board meeting where his cousin attempted to oust him from the role.

The chief executive of Market Basket will remain head of the family business for now, despite a marathon board meeting on Thursday where his cousin attempted to oust him from the role.
 

The family head of CJ Group, one of South Korea's largest chaebols, was indicted today for tax evasion and embezzlement.

The family head of CJ Group, one of South Korea's largest chaebols, was indicted today for tax evasion and embezzlement.

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

LVMH has been fined €8 million by the French financial regulator for the clandestine stake it built up in rival luxury family business Hermes – the largest fine ever issued by the Autorite des Marches Financiers.

LVMH has been fined €8 million by the French financial regulator for the clandestine stake it built up in rival luxury family business Hermes – the largest fine ever issued by the Autorite des Marches Financiers.

Lakshmi Mittal has fought back against a businessman who bought website domain names in his name and offered them back at a hefty £6 million price tag.

Lakshmi Mittal – head of family steel firm ArcelorMittal – has fought back against a businessman who bought website domain names in his name and offered them back to the UK-based billionaire at a hefty £6 million price tag.

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