Cree CEO Chuck Swoboda participates in Presidential roundtable on US innovation and clean-energy technology

A scandal involving the chairman of parent Samsung did no harm to the reputation of Samsung Electronics, which won the title of South Korea's overall most-admired company in the Asia 200 survey.

Samsung Electronics said it will press ahead with its research and development effort. The world's biggest producer of DRAM chips is to spend some US$2 billion on chips R&D for 2009.

Two-thirds of US chief executives plan additional layoffs and expect sales to decline in the next six months as their confidence in the economy continues to fall, according to a survey released on Tuesday.

The succession of Qualcomm CEO Paul Jacobs to the post of chairman, replacing Irwin Jacobs, garnered headlines on March 3. Not so widely reported was the younger Jacobs' plan to take a 25% reduction in salary for fiscal 2009.

In the six weeks since Carol Bartz took over as Yahoo chief executive, she's interviewed employees and executives, learned the company's businesses, assessed what's good, diagnosed what's wrong, and now reorganized Yahoo management to set it on a new course.

Yahoo! CEO Carol Bartz has commissioned searches for several high-level executives amid a management shuffle at the Internet company, a person familiar with the matter said.

The new federal rules limiting executive compensation announced by President Obama Wednesday may affect only a handful of the nation's most battered financial institutions currently.

CEOs from US-based leading technology companies, in a meeting with President Obama, came out strongly in support of the economic recovery package moving through Congress and called for policies that make the US the most attractive destination for businesses, workers and capital.