Ousted | featured news

Ron Johnson Out as J.C. Penney Chief

J.C. Penney

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.


Groupon Says It Ousted Chief Executive

Groupon CEO Andrew Mason

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.


Romanians vote on whether to oust president

Traian Basescu

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....


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.


Soldiers loot Mali presidency after ousting leader

Mali Coup

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....


Medvedev Fires Russian Finance Minister for Insubordination

Medvedev Fires Russian Finance Minister for Insubordination

President Dmitri A. Medvedev forced Aleksei L. Kudrin out of office for insubordination after the two had an icy confrontation on television.


JPMorgan pushes out mortgage head Lowman

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.


Bono talks of struggles, triumphs of `Spider-Man'

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....


Egypt freezes Mubarak's assets

State TV says Egypt's top prosecutor has requested the freezing of the assets of ousted president Hosni Mubarak and his family.


Media Decoder: Time Inc. Chief Executive Is Out

Media Decoder: Time Inc. Chief Executive Is Out

Jack Griffin is leaving after less than six months — forced out because his management style was not a good fit.


Subscribe to this RSS topic: Syndicate content