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Hermes urges VW shareholders to not discharge management, sup board | Reuters
BERLIN Investment advisory firm Hermes EOS has urged Volkswagen (VOWG_p.DE) shareholders not to clear the carmaker's management and supervisory boards from responsibility for actions taken in 2016, citing VW's failure to resolve long-standing corporate governance and transparency issues.
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SAP chairman defends executive pay system | Reuters
MANNHEIM, Germany SAP (SAPG.DE) said on Wednesday its executive pay system was reasonable, defending management bonuses against the criticism of some shareholders."Our executive payment must be seen in comparison with other software companies and must be competitive," SAP's co-founder and
Aetna exits Obamacare exchanges in remaining two states | Reuters
Health insurer Aetna Inc said on Wednesday it will exit the 2018 Obamacare individual insurance market in Delaware and Nebraska - the two remaining states where it had offered the plans.Aetna had previously announced plans to exit the individual commercial
Nasdaq hits record; bank earnings validate Wall St rally
An increase in Facebook pushed the Nasdaq to a record high on Friday, and the S&P 500 also rose after major U.S. banks kicked off the fourth-quarter earnings season with strong results.Wall Street has surged since President-elect Trump's unexpected election