| ROSEVILLE CA |
zip code: 95678 | area code: (916)
National News: Top Stories
EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal payments business. He has also repeatedly accused eBay of poor corporate governance. The chairman of eBay's corporate governance and nominating committee, Richard Schlosberg III, said the board considered both but rejected them because "neither nominee has relevant experience or expertise." EBay said since each Icahn nominee currently sits on four public company boards, they are not in compliance with eBay's guidelines on "overboarding." EBay founder and Chairman Pierre Omidyar in a statement urged shareholders to support the company's slate, which includes Chief Executive John Donahoe.
Local Headlines: Roseville, CA
Roseville Business News
National Sports: Top Stories
PRETORIA, South Africa (AP) — Hunched over, vomiting into a bucket by his feet and retching loudly, Oscar Pistorius was vividly reminded at his murder trial Monday of the gruesome injuries he inflicted on his girlfriend when a pathologist described how the Olympian fatally shot her multiple times with bullets designed to cause maximum damage.