GM rebuffs two-class share plan from Einhorn's Greenlight Capital
General Motors Co on Tuesday rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price.
Wal-Mart Stores Inc (WMT.N) Chief Executive Mike Duke earned $20.7 million last year, up from $18.1 million a year earlier, as the world's largest retailer grew despite a sluggish U.S. economy and concerns over alleged international bribery.
Duke's cash incentive payment in fiscal 2013 was nearly $4.4 million, up from nearly $2.9 million a year earlier.
Wal-Mart's total sales rose 5 percent to $466.11 billion in the fiscal year that ended in January. Sales at Walmart U.S., the company's largest unit, rose 3.9 percent to $264.19 billion.
(Reporting by Jessica Wohl in Chicago; Editing by Gary Hill)
TOKYO Toshiba Corp's troubled U.S. nuclear unit Westinghouse intends to file for Chapter 11 protection from creditors, Japan's government said on Wednesday, as the conglomerate seeks to limit losses that have plunged it into crisis.