Intuit cuts CEO's compensation by about half

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SEC files notice of appeal in Cuban trading case

DALLAS — The Securities and Exchange Commission says it plans to appeal a federal judge's dismissal of the agency's insider-trading lawsuit against Mark Cuban.

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Microsoft CEO's compensation down 6 percent in '09

SEATTLE — The value of the compensation package granted to Microsoft Corp. CEO Steve Ballmer fell about 6 percent in fiscal 2009, a year in which weak computer sales cut into the software maker's profits.

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Oracle's billionaire CEO gets $84.5M pay package

SAN FRANCISCO — Oracle Corp.'s billionaire CEO Larry Ellison padded his fortune with a fiscal 2009 pay package the company valued at $84.5 million, down about $100,000 from the year before and made up mostly of stock options that haven't vested yet.

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Google CEO leaves Apple board to avoid conflicts

SAN FRANCISCO — Google Inc. Chief Executive Eric Schmidt has resigned from Apple Inc.'s board because of the companies' conflicting interests as competition between the one-time allies heats up.

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Dell chief's 2009 compensation rises 5.7 pct

SEATTLE — The value of the compensation granted to Dell Inc. Chief Executive Officer Michael Dell rose 5.7 percent in fiscal 2009, according to an Associated Press calculation of figures disclosed in a regulatory filing, even as sinking computer sales hammered the PC maker's earnings. The value of Michael Dell's total compensation package rose to $2.11 million for the year that ended May 1, compared with $1.99 million in fiscal 2008.

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Mark Cuban sues SEC over insider trading documents

DALLAS — Mark Cuban sued the Securities and Exchange Commission on Thursday for access to documents detailing the insider trading case against the Dallas Mavericks owner. The Dallas billionaire filed requests for records in December under the Freedom of Information Act. That was a month after the SEC brought a civil action against Cuban, accusing him of selling shares of Internet search engine company Mamma.com after receiving confidential information about a private offering.

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Former Monster COO convicted of stock option fraud

NEW YORK — The former president and chief operating officer of Monster Worldwide has been convicted in New York of wrongfully backdating millions of dollars' worth of employee stock option grants.

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Microsoft moves forward in first debt offering

SEATTLE — Microsoft Corp.'s plan to raise debt for the first time in its 36-year history moved forward Monday, according to preliminary documents filed with regulators.

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