JC Penney CEO Ron Johnson Out by Matt Brownell Apr 8th 2013 5:30PM Embattled JC Penney CEO Ron Johnson was fired today after sales continued to plummet on his watch.
Former Rutgers Athletic Director Pernetti Getting $1.2M, iPad by The Associated Press Apr 8th 2013 4:45PM Former Rutgers Athletic Director Tim Pernetti is getting $1.2 million in salary, plus an iPad, car allowance and more than two years of health insurance in a settlement.
Treasury OK'd Beyonce and Jay-Z's Cuba Trip, Source Says by The Associated Press Apr 8th 2013 3:00PM American pop star Beyonce and rapper husband Jay Z visited Havana last week on a cultural trip that was fully licensed by the United States Treasury Department, a source says.
Margaret Thatcher's Economic Legacy Contested by The Associated Press Apr 8th 2013 2:35PM For admirers, Thatcher rescued Britain from ruin and laid the groundwork for an economic renaissance. For critics, she ushered in an era of greed and increased inequality.
Tax Evader Wesley Snipes is Out of Prison, Into House Arrest by Muneeza Iqbal Apr 5th 2013 5:31PM After serving more than two years in jail for tax evasion, actor Wesley Snipes was released earlier this week, though he will remain under house confinement until July 19.
Former Enron CEO Jeffrey Skilling May Leave Prison Early by Reuters Apr 5th 2013 2:57PM Jeffrey Skilling, the former Enron Corp. chief executive serving a 24-year prison term for the energy company's spectacular collapse, may get a chance to leave prison early.
Obama to Propose Cuts to Social Security, Official Says by Reuters Apr 5th 2013 6:45AM Obama will offer cuts to Social Security and other programs in a budget proposal aimed at swaying Republicans to compromise on a deficit-reduction deal, a source says.
Obama's Goal to Boost Export Levels is Halfway Home by The Associated Press Apr 4th 2013 6:20AM President Obama's five-year goal, set in January 2010, to boost U.S. export levels set is about halfway to its mark, but can the U.S. sustain the momentum?
Jolie Jewelry Line to Fund Afghan Girls Schools by Reuters Apr 2nd 2013 5:30PM Angelina Jolie has opened another girls school in Afghanistan and plans to fund more from the proceeds of a jewelry line going on sale this week that she helped to design.
Cyprus' President Appoints Judges to Investigate Economic Crash by The Associated Press Apr 2nd 2013 7:16AM Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
Eurozone Joblessness Rises to a Record 12% by The Associated Press Apr 2nd 2013 6:02AM Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999, official figures show.
Shakespeare Was a Ruthless Businessman, Scholars Reveal by The Associated Press Apr 1st 2013 9:30AM Hoarder, moneylender, tax dodger -- it's not how we usually think of Shakespeare. But the Bard also was a savvy businessman who grew wealthy trading grain in a time of famine.
Stephen Baldwin Joins Our Cast of 'Celebrity Tax Evaders' by Eamon Murphy Apr 1st 2013 5:00AM Actor Stephen Baldwin is in the news for neglecting to pay his taxes, but he's certainly not the first celebrity to forget what he owes the government.
If Justice Roberts Can Be an ID Theft Victim, Is Anyone Safe? by Matt Brownell Mar 29th 2013 3:30PM John Roberts, the Chief Justice of the Supreme Court, reportedly had his credit card number stolen this week. Here's how to protect yourself against the same crime.
SAC Portfolio Manager Arrested in Insider-Trading Investigation by Reuters Mar 29th 2013 11:20AM SAC Capital Portfolio Manager Michael Steinberg was arrested Friday in connection with a long-running insider-trading investigation, according to the FBI.
Mom and Pop Businesses that Made It Big by Muneeza Iqbal Mar 29th 2013 5:00AM It's National Mom and Pop Business Owners Day, a day to honor family-run businesses. But they don't all stay small: Some popular national brands grew out of humble beginnings.
Nike's New Tiger Woods Ad is Controversial -- and Right by Matt Brownell Mar 28th 2013 5:00AM Nike is courting controversy with a Tiger Woods ad declaring that "winning takes care of everything." But isn't that true?
Hedge Fund Manager Steve Cohen Buys $155M Picasso by Reuters Mar 27th 2013 6:50AM Hedge fund manager Steven A. Cohen has bought a famous Picasso painting from casino mogul Steve Wynn for a record price, according to a report.
Student Who Battled Insurance Company Over Cancer Coverage Dies by Bruce Watson Mar 26th 2013 5:00PM Arijit Guha, whose battle with an insurance company gave a human face to the health care struggle, died last week.
Bank Shutdown Hammers Cyprus' Businesses by The Associated Press Mar 26th 2013 6:20AM Banks across Cyprus remain locked Tuesday after financial authorities extended the country's bank closure, fearing worried depositors will rush to drain their accounts.
Winning Ticket for $338M Lottery Sold in New Jersey by The Associated Press Mar 25th 2013 9:07AM The holder of a single ticket, sold in New Jersey, has won Saturday's $338 million Powerball lottery drawing.
