Oracle Corps.'s co-founder and chief executing officer, Larry Ellison has stepped down from his CEO duties on Thursday. He was serving the company since 1977, which made him fifth wealthiest and one of the famous men in America and the entire world.
Jack Ma isn't the only billionaire winner of Alibaba Group Holding Ltd. (BABA:US)'s initial public offering. The record-setting stock sale also gave a jolt to the fortunes of the world's wealthiest technology tycoons.
ALBANY, N.Y. (AP) - New York's labor department reports the state total of private sector jobs increased by 3,900 in August. State officials say the 0.1 percent gain raises New York's overall job count to a record of 7,605,000.
Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc (LLOY) are set to rally after Scots voted to stay in the U.K., avoiding months of turmoil that may have seen the lenders move to England.
TOKYO, Sept 19 (Reuters) - The yen's rapid descent to six-year lows against the dollar is starting to push beyond comfort zones for three quarters of Japanese firms, a Reuters poll showed, highlighting the potential for profits to be squeezed as import costs ...