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Citigroup names Zdenek Turek as Western Europe head
Citigroup named Zdenek Turek as new head of its Western Europe operations. (Photo : REUTERS)Citigroup Inc, which has lagged behind its peers in recovering from the financial crisis, said it is cutting 11,000 jobs worldwide, about 4 percent of its staff, to save as much as $1.
SandRidge Energy Ousts CEO
SandRidge Energy Inc. CEO Tom Ward was ousted from the company last Wednesday due to accusations of strategic mistakes and self-dealing at the expense of the company's shareholders.
Sandberg: Facebook Has Never Been Stronger Since IPO
Sheryl Sandberg, Chief Operating Officer for Facebook Inc. said that the company is in a better position after going public.
Icahn Repeats Pledge for Dell Buyback
Carl Icahn reiterated his interests in owning Dell and said that the US$5.2 billion refinancing from the investment bank is expected in the next couple of weeks.