SAN FRANCISCO — Yahoo still has credibility issues, even after casting aside CEO Scott Thompson because his official biography included a college degree that he never received.
NEW YORK — JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday.
NEW YORK — The stock market cleared another barrier Thursday in its long recovery from the Great Recession: The Standard & Poor’s 500 index closed above 1,400 for the first time since June 2008.
WASHINGTON (AP) — House Republicans on Thursday caved to demands by President Barack Obama, congressional Democrats and fellow Republicans for a short-term renewal of payroll tax cuts for all workers. The breakthrough almost certainly spares workers an average $20 a week tax increase Jan. 1.
WASHINGTON (AP) — Careening toward a politically toxic tax hike, President Barack Obama implored House Speaker John Boehner on Wednesday to get behind a two-month stopgap until a longer deal could be struck early next year, calling it the only real way out of a mess that is threatening the paychecks of 160 million workers and isolating House Republicans.
LONDON (AP) — Summoned by lawmakers to answer for a phone hacking and bribery scandal at one of his tabloids, Rupert Murdoch said he was humbled and ashamed Tuesday but accepted no responsibility for wrongdoing as a widening investigation threatened to ensnare Britain’s prime minister.
LONDON (AP) — Scotland Yard’s assistant commissioner resigned Monday, a day after his boss also quit, and fresh investigations of possible police wrongdoing were launched in the phone hacking scandal that has spread from Rupert Murdoch’s media empire to the British prime minister’s office.
LONDON (AP) — An intensifying voicemail hacking and police bribery scandal cut closer than ever to Rupert Murdoch and Scotland Yard on Sunday with the arrest of the media magnate’s former British newspaper chief and the resignation of London’s police commissioner.