Resignation | featured news

White House Chief of Staff Rahm Emanuel will step down Friday to run for mayor of Chicago, two sources told CNN Thursday.

Somalia's prime minister resigned Tuesday after a month of disagreements with the country's president.

LG CEO Nam Yong is stepping down October 1 due to slumping mobile phone sales.

ABC News President David Westin, the longest-reigning U.S. television network news division chief, with more than 13 tumultuous years on the job, told his staff Monday that he is resigning and will leave by the end of the year.

South Korean prime minister-designate Kim Tae-ho and two other nominees announced their resignations Sunday, amid corruption allegations that surfaced during their confirmation hearings, the state-run Yonhap news agency reported.

A warden and a security official have resigned their posts at an Arizona state prison where three inmates escaped last month, a spokesman for the private company that runs the facility said Sunday.

Ed Whitacre will be replaced by The Carlyle Group's Daniel Akerson on September first.

Lauded for making Hewlett-Packard Co. the world's biggest technology company, CEO Mark Hurd was in talks for a new contract worth about $100 million, according to a person familiar with the negotiations.

Hewlett-Packard Co. shocked Wall Street Friday afternoon with the announcement that its chairman and chief executive, Mark Hurd, is resigning immediately in the wake of a sexual harassment investigation that revealed ethics issues.

Christina Romer, head of the Council of Economic Advisers, is the second member to leave this summer.