Michael Katz claimed the company publicly humiliated him to avoid paying the bonus he was promised after selling his online ad company.
The emir's purchase also signals stronger financial ties between the oil-rich Gulf state and Europe's most-bankrupt country.
The chief executive of the ketchup giant could get a handsome exit award, which would be among the largest CEO payouts ever.
Andrew Mason is out after a terrible quarterly earnings report that showed losses were growing. The daily-deals company is now seeking a replacement.
Founder Richard Schulze is hitting roadblocks in his takeover efforts. But investors don't seem to care.
Both chains have struggled against Costco and Amazon since the 2008 market crash, and they might announce a deal this week. Two probable results are closed stores and job losses.
The Donald's departure, the new ownership at Trump Plaza and the return of Miss America could end the slumping gaming mecca's losing streak.
Constellation Brands gets full US rights to Modelo beers after Anheuser-Busch Inbev alters its $20.1 billion plan to appease regulators.
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