Kerkorian aide quits GM board, stock drops
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Billionaire investor Kirk Kerkorian on Friday shelved plans to raise his stake in General Motors Corp.  and his financial adviser on GM quit the automaker's board days after GM nixed a three-way alliance with Renault-Nissan.
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HOUSTON The man who became Enron&#39;s chief financial officer a month after the energy giant declared bankruptcy has resigned. An Enron spokeswoman says Raymond Bowen will pursue other professional opportunities.
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The chief editor of Kommersant, a leading business daily noted for its critical reporting on the Kremlin, quit the paper on Friday, one month after a deal was announced to sell it to a Russian steel magnate with ties to the state gas monopoly Gazprom.
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Kirk Kerkorian said today that he was selling one-quarter of his stake in the automaker, or 14 million shares.
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U.S. stocks fell on Thursday as  disappointing earnings from automaker General Motors Corp.  GM.N, lackluster economic data and unrelenting oil pushing  higher took its toll on investors.
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Activist hedge fund manager David  Einhorn quit New Century Financial Corp.'s  board late  Wednesday, two days after the subprime lender's stock fell 69  percent following disclosure of a federal criminal probe.
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Shares of General Motors Corp.  fell nearly 4 percent before the bell on Thursday after the biggest U.S. automaker reported third-quarter earnings that came in at the low end of its own estimates.
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General Motors Corp. GM.N said on  Thursday that it expects earnings this year to fall, due in  part to weaker profits from its financial services arm.
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BlackBerry maker Research In Motion Ltd.'s co-chief executive will give up the chairman's post after an internal probe identified a quarter-billion dollars in improper accounting for employee stock options at the mobile device company.
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Former chief financial officer steps down from company's board amid an investigation into stock option grants.
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General Motors Corp.  said on Thursday that it expects earnings this year to fall, due in part to weaker profits from its financial services arm.
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Bernard B. Kerik announced today he is resigning from the consulting firm of his mentor, former mayor Rudolph W. Giuliani.
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Mac Gardner, a senior brokerage executive at Merrill Lynch & Co Inc , is leaving the company, Merrill said on Friday.
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Shares of Monster Worldwide Inc.,  parent of jobs Web site Monster.com, fell more than 2 percent  on Wednesday after it said its chief financial officer was  resigning in a management shake-up.
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Investor Kirk Kerkorian cancels plans to buy more GM shares after the firm ends tie-up talks with Renault and Nissan.
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Billionaire Kirk KerkorianÂs departure represents not so much a surrender as a lack of faith in the future of G.M.
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Billionaire investor Kirk Kerkorian  sold his stake in General Motors Corp.  after deciding  that he did not want to participate in a lengthy fight with  management for control of the world's biggest car maker,  according to a report in the Wall Street Journal.