Simon said he felt it was the right time to move on and focus on his next opportunity. Greg Foran was tapped to take Simon's place, beginning August 9th.
WASHINGTON (Reuters) - Rupert Murdoch's 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company's board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation.
The primary U.S. stock composites closed on a sour note to end the week as all three finished the session in the red. The Dow and the Nasdaq closed in negative territory for another consecutive session.
Alan "Ace" Greenberg, the executive who helped turn Bear Stearns Cos. into one of the world's biggest�and riskiest�securities firms, died of complications from cancer in New York on Friday at the age of 86.
In this July 22, 2014 file photo ,demonstrators display placards outside a Market Basket supermarket in Chelsea, Mass. A decades-long family feud, which brought about the ouster of Arthur T. Demoulas as CEO of the privately held company, led to a worker ...