MONEY (MSM)
Microsoft Corp. said Stephen Elop, Kirill Tatarinov and Eric Rudder will leave as the company streamlines its management. Executive Vice President Terry Myerson will lead a newly formed Windows and Devices Group, while Executive Vice President Scott Guthrie will continue to lead the Cloud and Enterprise group, the software maker said Wednesday. Microsoft is changing its senior leadership team to focus on three key areas: productivity and business processes, cloud
Nearly a million people became millionaires last year. The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-over-year increase …
Six months ago Wednesday, Presidents Barack Obama and Raul Castro stunned the world by announcing an end to their nations’ half-century of official hostility. U.S. travelers, politicians and executives …
Greek Prime Minister Alexis Tsipras said he’s ready to take responsibility for rejecting the terms of a deal on aid if creditors demands are unacceptable.
FedEx slid in early trading after the operator of the world’s largest cargo airline posted a fourth-quarter profit that trailed analysts’ estimates.
Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report.
Stay or go? The time is approaching for momentous decisions for Greece and the nations using the euro currency. Athens must pay 1.6 billion euros ($1.8 billion) off its debts at the end of the month to …
Nearly a million people became millionaires last year. The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-over-year increase …
The Federal Reserve’s Open Market Committee’s meeting this week will be particularly notable if central bank officials signal Wednesday that they are inclined to embark on a new interest rate cycle in September, raising floored policy rates for the first time since 2006.
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