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After a troublesome, 17-month run, Ron Johnson is out as chief executive of J.C. Penney, and with that, the most closely watched revival effort in retail in recent memory is in danger of disintegrating.
Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.
Romania's unpopular president was fighting for his political life on Sunday as Romanians voted on whether to oust him, part of a political battle that has raised questions about the rule of law in the fledgling European Union member....
That sound you heard from Detroit this morning was the other shoe dropping, loudly, at Opel. General Motors announced that Karl-Friedrich Stracke stepped down from his positions as GM Europe president Opel/Vauxhall CEO.
Soldiers looted the presidential palace Thursday of one of the few established democracies in this corner of Africa, hours after ousting Mali's president just one month before he was due to step down at the end of his legal term....
JPMorgan Chase & Co has pushed out its head of home lending, David Lowman, who was sidelined in February after the bank racked up billions of dollars in losses on soured mortgages and became mired in litigation over a wave of foreclosures.
Although Julie Taymor was ousted from "Spider-Man: Turn Off the Dark," Bono says she's a genius and he and The Edge were privileged to work with her....