Nestle chairman Paul Bulcke says he would not pursue short-term efforts at the expense of long-term success, in the face of scrutiny from shareholder activists who know how to “pressure-point you and tease.”

Yahoo chief executive Scott Thompson has stepped down after a controversy over a fake computer science college degree on his biography.

THE chief executive of Yahoo is in dire straits and deep doodoo.

A major Yahoo shareholder has made a legal demand for internal records about the embattled internet company’s hiring of chief executive Scott Thompson.