Qi Lu speaks during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S. on March 31, 2016.

Y Combinator to set up China arm with ex-Baidu COO Qi Lu as CEO

David Paul Morris | Bloomberg | Getty Images Qi Lu speaks during a keynote session at the Microsoft Developers Build Conference in San Francisco, California, U.S. on March 31, 2016. American start-up incubator Y Combinator is setting up shop in China, with a new unit to be led by former Baidu chief operating officer Qi […]

Britain's CEO pay climbs 11% in one year — as working wages flatline

Britain’s CEO pay climbs 11% in one year — as working wages flatline

In an effort to combat unequal corporate pay-outs, Britain’s government announced that from 2020 large listed companies in the U.K. would be required to publish and justify the pay gap between chief executives and staff. The measure is also designed to put pressure on businesses to explain precisely how share price movements could impact future […]

Opioid crisis peaks but synthetics risk grows: Ex-Cleveland Clinic CEO

Opioid crisis peaks but synthetics risk grows: Ex-Cleveland Clinic CEO

The opioid epidemic in the United States has “peaked,” says Dr. Toby Cosgrove, one of the nation’s leading voices on health-care reform. “We’re starting to see the understanding of the problem,” Cosgrove said on CNBC’s “Squawk Box” on Monday. “[We] are getting to the point where people are certainty prescribing fewer drugs and people are […]

Microsoft CEO Satya Nadella.

Microsoft CEO Satya Nadella sells 30 percent of common stock

Microsoft CEO Satya Nadella just sold almost one-third of his common shares in the software company as the stock trades near a record price. The stock sale, disclosed in a regulatory filing on Friday, netted Nadella more than $35 million. He sold 328,000 shares in multiple trades at prices ranging from $109.08 to $109.68. Microsoft […]