Ceo | featured news

Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move at the technology giant he co-founded in a garage.

Rupert Murdoch acknowledged for the first time publicly that his son James is not the preferred choice to succeed him as News Corp CEO, at least in the near-term.

Michael Conway was the founder and CEO of National Airlines. The mission of the airline was to bring tourists to Las Vegas, to visit their money I suppose. The airline started service in 1999, but was never profitable. In December 2000 it went into Chapter 11.

News Corp is considering promoting Chief Operating Officer Chase Carey to the position of CEO to succeed Rupert Murdoch, who would remain as chairman, Bloomberg reported on Monday.

News Corp Chief Executive Rupert Murdoch and his son James face questions from parliament on Tuesday in a phone-hacking scandal that has rocked Britain's establishment right up to Prime Minister David Cameron.

Rebekah Brooks has resigned as chief executive of Rupert Murdoch's embattled British newspapers. She is the biggest casualty so far in the phone hacking scandal at a Sunday British tabloid.

Speaking to reporters on Thursday, Facebook’s CEO Mark Zuckerberg said that the social network has plans to “launch something awesome” next week. There’s no official word on what will be announced, but we suspect it’s going to be the new iPhone photo-sharing service that we saw just last week.

Americans are finally getting some relief from high gas and food prices. Wholesale food prices fell last month by the most in nearly a year, and gas prices keep dropping after peaking in May. A separate survey suggests CEOs are feeling more optimistic and will hire more in the second half of this year.

J.C. Penney Co. says Ron Johnson, who pioneered Apple Inc.'s retail stores, will become the department store's next CEO.

The chief executive officers of large U.S. companies expect higher sales and higher capital spending in the next six months, but their optimism about economic conditions and expectations for growth are more muted than three months ago, according to a quarterly survey.