Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.
People
Apple's Cook: 'I'm proud to be gay'
Apple Inc (AAPL.O) CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward.
New Microsoft CEO pay tops $80 million with big stock awards
Microsoft Corp's new Chief Executive Satya Nadella has become one the technology industry's biggest earners, with a total compensation package worth $84.3 million this year, according to a document filed with securities regulators on Monday.
Work on 'taming' firms wins Frenchman economics Nobel
French economist Jean Tirole won the 2014 Nobel Prize for economics for work that has shed light on how governments can "tame" the big businesses that dominate once-public monopolies like railways, highways and telecommunications.
Briton denies guilt in South African 'honeymoon murder' trial
Millionaire British businessman Shrien Dewani on Monday denied arranging his bride's murder during their honeymoon in South Africa, four years after she was found shot dead in an abandoned car.
Latest News
Jack Ma, executive chairman of Alibaba Group Holding Ltd (BABA.N), has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.
If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp (ORCL.N)? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz.
The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.
Inside Alibaba, where co-founders are revered like rock stars, relatively few employees know about the soft-spoken executive who for years kept his same cramped office, unfashionable clothes and the self-effacing demeanor of a metalworker's son.
Microsoft Corp co-founder Paul Allen's charitable foundation on Thursday will announce it is donating $9 million to support U.S. efforts to fight the Ebola outbreak in West Africa, a source familiar with the matter said.
Stephen Hawking's new book, 'Starmus,' has a preface addressing the 2012-discovered Higgs boson, stating that it could become unstable and produce an expanding vacuum bubble to end the universe. However, scientists, and even Hawking himself, countered that it will not happen any time soon, as the particle accelerator big enough to destabilize the particle does not exist.
Singer Jill Scott's alleged photos have also surfaced along with naked photos of other celebrities following a massive hack. According to the singer, the photo of her in a robe was authentic and used to chronicle her weight loss, but the other one of her naked is a fake.
Zayn Malik and Perrie Edwards will be back in each other's arms soon, as One Direction's 10 day break coincided with Little Mix album-making break. Will they finally get to talk about the details of their wedding?
Robin Thicke and Katie Holmes are allegedly dating, but with Holmes busy being a mother to Suri and Thicke partying drunk and ignoring police officers, this rumor may prove to be untrue.
