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Jamie Dimon, the chief executive of JPMorgan Chase, is testifying on Capitol Hill about a failed derivatives trade that could cost the bank as much as $5 billion in losses.

Nine months ago, Salon.com's founder, David Talbot, took up the mantle of CEO, bearing with him a plan: By appealing to readers for financial support in the manner of NPR and PBS while keeping its content free to read, Salon could could diversify its revenue mix while maximizing its audience -- and thus its income from advertising.

It didn't quite work out that way.

Canadian mining company Barrick Gold Corp. has ousted its top executive, citing its disappointing share price.

Tribune Co. owners are again casting around for candidates to lead the troubled media outfit, which has been in Chapter 11 for more than three years. Former NBCUniversal boss Jeff Zucker is a leading candidate to run the debt-plagued newspaper and TV station company, sources said.

America’s largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don’t accept the buyouts, it will resort to involuntary layoffs. Verizon paid chief executive Lowell C. McAdam more than $22.5 million in 2011, according to a Wall Street Journal analysis of executive compensation.

There’s been a lot of romance going on in the corner office lately. CEOs of two major companies -- Best Buy Co. and Stryker Corp.

The availability of kids TV shows on Netflix is only a small, contributing factor in the recent ratings challenges of such networks as Viacom's Nickelodeon, Turner Broadcasting System chairman and CEO Phil Kent told an investor conference on Thursday.

Tim Cook was evasive — but frankly evasive — on stage at the 10th All Things Digital conference, where he was asked about upcoming products. According to a live blog of the speech from All Things Digital’s Ina Fried, Cook said he has “never been as amazed by all ‘the things I cannot talk about today.’ ”

Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm. That was up more than 6 percent from the previous year, and is the second year in a row of increases. The figure is also the highest since the AP began tracking executive compensation in 2006.

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees....