NEW YORK (Reuters) - The former chief executive of UnitedHealth Group Inc will forfeit more than $400 million in stock options and other compensation and pay a $7 million fine to settle an investigation into the health insurer's options practices.
WASHINGTON (Reuters) - President George W. Bush announced a plan on Thursday aimed at slowing a wave of home loan foreclosures that has threatened to knock the U.S. economy into recession and rattled investors worldwide.
NEW YORK (Reuters) - Stocks surged on Thursday on optimism that a plan announced by President George W. Bush to stem U.S. home foreclosures would keep the economy from sliding into a recession.
NEW YORK (Reuters) - Some retailers reported stronger-than-expected November sales on Thursday, helped by a post-Thanksgiving rush and holiday discounts, but notable misses by others and a shift in the retail calendar left an unclear picture of the strength of the key holiday season.
NEW YORK (Reuters) - Mobile phone maker Motorola Inc backed its forecast for fourth-quarter earnings and revenue growth on Thursday, sending its shares up 3.6 percent.
NEW YORK (Reuters) - Dow Jones & Co , publisher of the Wall Street Journal, said on Thursday that Chief Executive Richard Zannino will leave the company once its acquisition by News Corp is completed.
NEW YORK (Reuters) - Coca-Cola Co said on Thursday Chief Operating Officer Muhtar Kent will succeed Neville Isdell as chief executive of the world's largest soft drink company on July 1, 2008.
DETROIT (Reuters) - Ford Motor Co. said on Thursday it had recalled about 1.2 million vans, sport utility vehicles and heavy-duty pickup trucks because of a flaw in an engine sensor that could cause sudden stalling.
NEW YORK (Reuters) - JetBlue, Yahoo Inc and Research in Motion plan to offer free, in-flight, Wi-Fi web connections for laptop computers and advanced cell phones, Rim said on Thursday.
NEW YORK (Reuters) - There is a "substantial" risk that U.S. home prices will slide for the next three years or more, in a downturn that could be unlike anything seen before on a national level, Morgan Stanley said on Thursday in a report.
