DWS CEO Woehrmann resigns hours after raid on offices

DWS CEO Woehrmann resigns hours after raid on offices

The chief executive officer of Deutsche Bank AG’s DB, -0.62% DBK, +1.04% asset-management subsidiary DWS Group will step down, hours after a raid by German authorities on their Frankfurt offices, the German lender said Wednesday. CEO Asoka Woehrmann said he would resign “in agreement with the company”, and will be replaced by Stefan Hoops effective…

Despite focus on Amazon worker issues, no shareholder proposals approved

Despite focus on Amazon worker issues, no shareholder proposals approved

Amazon, in the spotlight over working conditions and facing more than a dozen shareholder proposals, announced at its annual general meeting Wednesday that none of the resolutions passed. Many of the 14 resolutions on Amazon.com Inc.’s AMZN, +3.66% proxy were worker-related. Among them: examining worker health and safety disparities; a report on the company’s use…

Twitter shareholders OK resolutions on concealment clauses, political spending

Twitter shareholders OK resolutions on concealment clauses, political spending

Twitter Inc. shareholders voted Wednesday to require that the social-media company report on its policies around concealment clauses and election spending. About 69% of shareholders voted for the proposal asking the company to produce a report discussing the risks of its use of concealment clauses such as nondisclosure agreements or non-disparagement agreements in the case…