Resignation | featured news

ABC programming chief Stephen McPherson has abruptly resigned from the network after a six-year tenure in which the network aired such provocative series as "Desperate Housewives" and "Lost" but ended last season in third place among the big four networks.

BP Chief Executive Tony Hayward will collect a pay and pension package worth at least 11.8 million pounds ($18.03 million) when he steps down from his role at the company, the Times newspaper reported on Sunday.

Three administrators whose huge salaries sparked outrage in this small blue-collar suburb of Los Angeles have agreed to resign, the City Council ...

Prime Minister Naoto Kan said Sunday that he will not resign, even as early results showed his Democratic Party heading for a major political setback in a midterm election.

Wal-Mart said its chief merchandising officer John Fleming is resigning, adding to changes in the top ranks of the retailer.

BP denied its embattled chief executive was resigning as the first tropical storm to hit the Gulf of Mexico this year threatened to disrupt cleanup work on its massive oil spill, even from a distance.

General Stanley McChrystal, the top U.S. commander and strategist of the Afghan war, is prepared to offer his resignation for mocking and disparaging President Barack Obama and his national security team in a Rolling Stone interview, two military officials said Tuesday.

White House Budget Director Peter Orszag plans to step down from his job in July, making him the first senior member of President Barack Obama's economic team to leave, the New York Times reported on Monday.

The outgoing Czech cabinet will resign on Friday if the opening session of the new lower house of parliament ends on Thursday as planned, Prime Minister Jan Fischer said on Monday.

Both the upper and lower houses of Japan's parliament elected Finance Minister Naoto Kan to be the nation's new prime minister Friday, following the resignation of Yukio Hatoyama from the post earlier this week.