Financial Times

More people have been selling their gold jewelry in the past year, many to cover expenses, others to just to take advantage of record high prices. Prices have dipped a bit from their recent highs, but expect more people to sell in the months ahead, and expect the prices to rise again.

Announcements made late Wednesday and early Thursday revealed that three large companies -- Wendy's, Costco, and Bank of New York Mellon -- are losing their CEOs. And while the first two cases sound like they'll result in smooth transitions, the third comes as something of a shock.

Investment banks are working around new regulations restricting them from putting their own capital into short-term investments: The Wall Street institutions are sidestepping the Volcker Rule by making direct purchases of securities, companies and properties, which are considered longer-term investments.

Fault Lines: How Hidden Fractures Still Threaten the World Economy, by Raghuram G. Rajan, took home the honors at the Financial Times/Goldman Sachs business book of the year award. Keynote speaker Vartan Gregorian delivered a rousing speech in which he called the print vs. digital debate a false choice.

A new Financial Times/Harris poll finds that many people in the U.S. and Europe believe immigration -- not just illegal immigration -- has a negative impact on the economy, jobs and public services.

A new report says Wall Street insiders who tip off authorities about securities fraud may end up with big rewards. But will the new system work as intended or just gum up the works with frivolous claims while scamsters go about their business?

Book publisher Penguin has had a very good year so far in 2010, according to its breakout numbers from parent company Pearson's most recent sales report. Sales at Penguin for the period ending June 30 rose 9%, while operating profit more than doubled compared to a year ago.

When voices such as the Financial Times and Warren Buffett call for an overhaul of top management, including Chairman Svanberg and CEO Hayward, it's time to listen. BP won't regain investors' confidence until it does so.

Pearson PLC announced a double-digit rise in sales for 2009, a feat that comes largely due to a weak British pound. This year, the publisher of the Financial Times, Penguin, and Pearson Education intends to rely again on building sales through that weak currency.

After months of deliberations, The New York Times has finally decided on both a structure for charging readers to access to its popular website and a date when the pay demands will take effect.