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Yannis Stournaras, a well-respected liberal economist, was appointed Greece's new finance minister on Tuesday after the sudden resignation of the first choice for the job at a crucial moment for the debt-laden country.
The president of Dow Jones, Todd Larsen, resigned Tuesday after more than two years on the job and 13 years at the company. No reason was given for his departure. Dow Jones is the unit News Corp. that publishes The Wall Street Journal.
Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday that he would resign, following a year of intense criticism over his abrasive management style.
JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday....
The move ends a two-and-a-half-year tenure that was more notable for continued misses than hits. His exit comes after Disney was forced to take a $200 million write-down tied to the science-fiction megaflop “John Carter.” Other misses include “Mars Needs Moms” and “Prom.” Mr. Ross scored one smash: “Pirates of the Caribbean: On Stranger Tides.”
Twin Cities-based Best Buy said Tuesday that its CEO, Brian Dunn, has resigned. The electronics company said in a statement that Dunn's departure was in "mutual agreement that it was time for new leadership to address the challenges that face the company."
An executive resigning from the investment bank Goldman Sachs says other executives there referred to clients as "muppets." Greg Smith wrote a blistering essay about the company that was published Wednesday in The New York Times.