Shake-Up at French Bank After Trading Scandalmore similar news »
The announcement that the bank would replace its head of investment banking came four days after shareholders demanded the resignation of both this executive and the bank’s chairman, Daniel Bouton.
United and US Airways Go Their Separate Waysmore similar news »
US Airways and United Airlines told their employees on Friday that they would not reach a merger agreement with another airline for the time being, and said they were evaluating further steps.
Kerkorian Remains Committed to Ford Offermore similar news »
Tracinda, the investment company controlled by Kirk Kerkorian, said that it would waive a condition tied to a tender offer for Ford shares, keeping his option open to add to his stake in the automaker.
Dior Drops Actress From Ads After China Remarksmore similar news »
Christian Dior said it had dropped the actress Sharon Stone from its advertising in China after she suggested that the earthquakes in Sichuan Province were karmic retribution for the country’s treatment of Tibet.
Courts Reject Two Major Vioxx Verdictsmore similar news »
The major victories for Merck pushed the litigation over Vioxx closer to conclusion and highlighted the difficulty that plaintiffs’ lawyers are having in winning lawsuits against big drug companies.
Lose Homes, Pay More Taxmore similar news »
Some of the biggest losers in the real estate slump are not purchasers of mansions they could not afford. They are buyers of second homes who are sitting on a tax time bomb.
Shares Rise for 3rd Day as Oil Falls 3.4%more similar news »
Stocks rose for the third consecutive session Thursday as oil prices fell sharply and the government reported that the economy grew at a faster rate in the last quarter than previously estimated.