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Citi Web Analyst Fired After Lapse

Citigroup fired Internet stock analyst Mark Mahaney amid accusations he leaked confidential information about Facebook's IPO.


CNN chief Walton to leave network

Jim Walton

CNN Worldwide President Jim Walton said on Friday that he was leaving the once-dominant cable news network, which has struggled in the ratings in recent years, on December 31.


Lettuce photo gets 3 Burger King workers fired

Burger King says three workers were fired after a photo posted online appeared to show an employee stepping on lettuce in bins at a northwest Ohio restaurant.


GM's Opel Boots Its CEO, Girsky Now In Charge

Opel CEO

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.


TSA: 8 U.S. air marshals fired for drinking on job; 6 suspended

The Transportation Security Administration is firing eight federal air marshals for drinking on the job, and suspending six more for failing to report the incident.


Struggling J.C. Penney fires its president

J.C. Penny

J.C. Penney Co.’s transformation team started to unravel on Monday. Penney president Michael Francis was fired after only eight months as the No. 2 executive at the Plano-based department store chain. Francis’ abrupt departure appears to be another corrective step from CEO Ron Johnson, who recently acknowledged that Penney’s marketing message has confused shoppers.


Fired federal employees have limited route for challenging dismissals

Federal employees who were fired because they did not sign up for the U.S. draft may not challenge the constitutionality of their dismissals in federal district courts, the Supreme Court ruled Monday. The justices ruled 6 to 3 that Congress has set up a strict method for government employees to appeal their dismissals — first before the Merit Systems Protection Board and then the U.S. Court of Appeals for the Federal District — even if the claim is that the firing was unconstitutional.


Barrick removes CEO on disappointing share price

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


Magic fire coach Stan Van Gundy; GM also gone

The Magic fired coach Stan Van Gundy on Monday and agreed to part ways with general manager Otis Smith....


Bobby Petrino fired at Arkansas after 4 seasons

Bobby Petrino

Arkansas has fired Bobby Petrino, saying he "knowingly misled" and engaged in reckless behavior in a relationship with a female football employee half his age.


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