new c.e.o. would be chase carey, the current chief operating officer, and he's widely respected. >> reporter: but rupert murdoch remains c.e.o. and chairman, and that is trying the patience of investors concerned about corporate accountability. >> we've been using "corporate crisis" for six to 12 months. i don't know whether we need a new word now, because i wasn't expecting that. no one was expecting to hear those words from the u.k. parliament regarding rupert murdoch today, and that has thrown the company into crisis. >> reporter: parliament's culture, media and sport committee concluded murdoch turned a blind eye to what was going on at his company. but in a statement, news corp fired back. "news corporation regrets, however, that the select committee's analysis of the factual record was followed by some commentary that we, and indeed several members of the committee, consider unjustified and highly partisan." still, shareholder activists are pressing for a vote to limit murdoch's control of

s not every c.e.o. that anyone under the democrat of some brain surgeon has said that mitt romney is that much smarter than a brain surgeon that he should make two hundred fifty million dollars in the brain surgeons make and maybe a million bucks a year what we're talking about here is two completely separate categories you have a category where you example people around you when you differently and the fact is there's a larger market since war markets for these different people there is probably many more doctors than there are fortune one hundred c.e.o.'s think there's only one hundred fortune one hundred c.e.o.'s that's a smaller market but shouldn't the should prices more well so you so you're saying the things we developers that they did a doctor that command that very high that that there is it's such a hard such a rare job the only way i can construe that that there's such a rarity to the type of person who could be a fortune one hundred c.e.o. is that they would have to be a combination or virtu

the c.e.o.pert airlines defending its company today over the refusal to reimburse a dying vietnam veteran. the 76-year-old veteran has terminal cancer. and doctors told him you did not fly he tried to get a refund on the $197 ticket he already bought. it was nonrefundable. and spirit, of course, says no, it is nonrefundable i don't care if you are dying. that triggered public outrage and calls for a c.e.o. and the former marine should have bought insurance says the c.e.o. by the way united states department of transportation reports that spirit is the most complained about airline not united states. twice as many complaints at the second most complained about airline, united. the spirit c.e.o. says that is irrelevant. and laura is in new york city newsroom. the c.e.o. actually had a whole lot to say. >>guest: he did. the c.e.o. acknowledged the vietnam vet, a tragic situation but says the airline is going to stand its ground on the decision not to refund the fare and in a telephone interview wit

we talk about that with the c.e.o. of shutterfly. captioning sponsored by wpbt "nightly business report" is brought to you by: >> tom: more now on greece. susie, while the euro-zone has agreed to release over $5 billion in bailout money to greece tomorrow, it will hold back an additional $1 billion until june if a new greek government sticks to commitments to scale back government spending. >> susie: tom, worries about greece have really rattled u.s. investors. stocks fell again today. the dow was down for the sixth session in a row, falling 97 points. the nasdaq lost 11.5, the s&p down nine. >> tom: most bank of america shareholders are okay with that bank's executive pay plan. 92% of shareholders approved bank of america's plan, which did not include any cash bonus for c.e.o. brian moynihan. >> reporter: there were a handful of arrests at bank of america's annual meeting and demonstrators marching in protest of its business practices, but the bank didn't have a shareholder revolt like rival citigroup. last month, citi shareholders

this time c.e.o. scott thompson is out, after it was revealed he padded his resume with a bogus college degree. he's is being replaced by ross levinshon, the firm's head of global media. so what does this change at the top mean for one of the nation's biggest media companies? erika miller reports from new york. >> reporter: this is ross levinsohn, the seasoned ad exec who is in charge at yahoo!, at least for now. but let's be clear, even though scott thompson is out, the firm still faces big credibility hurdles. >> when you look at character and reputation, they are as important today as they are capital issues. and we can't have a company of any size, regardless of the size as yahoo that it plays in our economy and our culture when the ceo is falsifying information. >> reporter: the media giant's share price is now about half what it was in may 2008, when yahoo! turned down a bid from microsoft. revenues have fallen, as the company struggles to keep up with google and facebook in attracting online ad

page became c.e.o. of the company he founded last year and the height of its streak google nevertheless faces a host of challenges. the rise of facebook and the social search, the competition with a until the mobile technology market and the battle to stay one step ahead of silicon valley's disruptive young startups. i am pleased to have larry page back at this table to talk about all those things. welcome. >> thank you. >> i want to show you this. that was 11 years ago when you and sergei dame here in 2001. roll tape. >> we're both actually kind of obnoxious. thalt's when i was recruiting them to a stanford ph.d. program. we had to debate every point which i tend to do as well. so while we're continuously arguing that's also our commonalty and we got to be friends early on once we started the. t.d. program. >> rose: has the relationship changed over the years? >> i think i've had a great relationship with sergei and continue to it's been good for the company that we have this close relationship. we don

morgan lost c.e.o. jamie dimon played defense this weekend on meet the press but it is a response only making it worse then you may not have heard but the state department approved parts of an arms sale to bahrain on friday we're going to ask why harper scott horton and a federal judge ruled that the n.s.a. doesn't have to tell us anything about its relationship with google and you guessed it it's because of national security so we're going to all of that morphy tonight including a dose of happy hour but first take a look with mainstream media decided to miss. part so it's the monday the mainstream media is all over the place today there are some tech news and big finance news more talk about gay marriage and of course the latest for politicians trial. massive manhunt taking place in southern california not for a known criminal but a highly trained and specially skilled f.b.i. agent yahoo c.e.o. scott thompson stepping down amid allegations that he lied about having a degree in computer science what's g

diane eastabrook has details. >> reporter: chrysler group chairman and c.e.o. sergio marchionne walked the assembly line in belvidere, illinois, thanking workers making the new dodge dart. the compact which hits showrooms next month is the first collaboration between chrysler and fiat, marrying european engineering with american design. it's also chrysler's first entry into the very lucrative small car segment in years. >> i think now we're fully competitive with the american landscape. i think we need to take it one step further and distance ourselves from the rest of the pack one more time. >> reporter: today marked the one year anniversary of chrysler group's repayment of government loans. chrysler survived bankruptcy reorganization three years ago with help from the government and a merger with fiat. in the past year, chrysler has been on a roll, tallying month after month of sales increases in the u.s. in the first quarter of this year chrysler posted a $473 million profit, four times what it made in the same period last year. while the u.s. auto industry

overseas cooperative development council and former president and c.e.o. of the national cooperated business council welcome to both you and if you don't think you for joining us for our viewers who don't know what a cooperative is. dame pauline only the only polian can you can you give us an oversight an overview but if you want a quick sketches of people sent to business it's owned by ordinary folk they were a bit billion people across the world who own the world's co-operative movements a billion people built in cooperatives the u.n. say that at least half the world's population is service to my own mother by a co-op so as a people sent a business it doesn't distribute this is a profits to shareholders it puts them back in the business it gives them to their members on their trade with the business not their shareholding and it invests in the communities that they come from so it's what defense a great sales pitch it is a hall but most people are thinking. america when they think of cooperatives they think of a local health food store those are our work

erika miller reports. >> reporter: toby cosgrove wears a suit these days as the c.e.o. of the cleveland clinic. but during the vietnam war, he was surgeon in the airforce-- earning a bronze star for heroism. >> it helped me a great deal in running this hospital. one of the things that i saw was troops being moved from the battle site to forward hospitals to back line hospitals and subsequently out of the country. and we've adopted that same sort of thing. >> reporter: so it has a fleet of aircraft and ambulances to move patients to the best facility for their needs. the hospital also actively recruits veterans and not just for patriotic reasons. >> we know that the military has probably thought more about leadership over hundreds of years than probably any other organization. and they do a great job of it. they do a lot of training. they have a very right criteria of how they promote people. >> welcome to the clinic. how may i help you? >> reporter: antwon peterson is the first person many patients meet when they come for emergency treatment. >> i love it! i love it! he

the shareholders the ability to reject c.e.o. pay or not yet well there has never found shareholder votes on it yet and most of that they're not buying they're not binding as well they're not binding but a lot of the companies don't want the bad p.r. because then that fund. i mean you have thirty percent of the shareholders which which company was a g.e. a couple of weeks ago had a year old me over thirty percent of the people voted to say you know it's controlled. executive compensation the executive said you know a lot of the executives as well their salaries are going down but their stock options are going up and the stock options are only worth something if the company is worth more in the future so it is was paid for performance was ok we got it we got it we got to get out here more rubble after the break. it's part of american power continues. things are so bad that might actually be time for a revolution. i return to the program or drink a starbucks says a surprising him. you know sometimes you see a story and it seems so