Million | featured news

E*Trade Financial paid its former CEO Steven Freiberg $10.7 million in 2012, including a severance payment.

Total pay for CVS Caremark's chief executive and president, Larry Merlo, jumped 44% to $20.3 million last year, according to an SEC filing.

The memoir of 15-year-old Pakistani student Malala Yousafzai will be published this fall, publisher Weidenfeld & Nicolson announced Wednesday. The deal is reportedly worth about $3 million. Titled "I Am Malala," the book will tell the story of the young advocate for women's education who was shot in the face at point-blank range by Taliban gunmen on Oct. 9 in Pakistan’s Swat Valley.

Vladimir Tretchikoff's original painting of the Chinese Girl, believed to be the world's most reproduced print, sells at auction for £982,050, around twice its anticipated sale price.

A lawyer for IMF chief Christine Lagarde says French investigators have searched her Paris home today as part of an inquiry into her role in a $400 million arbitration deal in favor of a tycoon. The laywer, Yves Repiquet (eev ruh-PEE-kay), says Lagarde has nothing to hide and he welcomed Wednesday's search as another step in proving her innocence.

BBC Worldwide announced Tuesday morning that it will sell its travel guide series, Lonely Planet, for $77.8 million to Nashville-based NC2 Media, a company owned by reclusive U.S. billionaire Brad Kelley. That selling price is more than $120 million less than the BBC paid for the company in 2007. 

The FBI said Monday it believes it knows who was behind one of the most significant art heists in the United States -- the 1990 theft of 13 precious works, once valued at $500 million, from Boston's Isabella Stewart Gardner Museum.

U.S. Defense Secretary Chuck Hagel is expected to announce Friday afternoon that the Pentagon will enhance the nation's ability to defend itself from a nuclear attack by North Korea, a U.S. defense official told CNN.

Two million Americans give notice every month. What pushes them to do so -- and what can employers do to staunch the talent drain? Some potent answers from Alan Hall, a veteran entrepreneur, angel investor, venture capitalist and Forbes.com contributor.

A shipyard worker who set fire to rags aboard a nuclear submarine because he wanted to go home was sentenced to a little more than 17 years in federal prison Friday for the blaze that transformed the vessel into a fiery furnace, injured seven people and caused $450 million in damage.