COMPANIES

Walt Disney Co Chief Executive Bob Iger will step down as CEO in March 2015 after nearly a decade at the helm, setting in motion a succession plan for the largest U.S. media and entertainment company.

The FDA has approved a combination drug for diabetes and high cholesterol.

The death of Apple's visionary Steve Jobs has turned the spotlight to the lesser-known facets of his personal life with his wife and four children.

Alexza Pharmaceuticals Inc said it has entered into a marketing partnership with privately held Grupo Ferrer International for its drug to treat agitation in patients with schizophrenia or bipolar disorder.

Sony Corp has secured financing from an Abu Dhabi investment fund to back its bid for British music company EMI, a media report said, an acquisition that would beef up its content catalogue as it struggles to compete with Apple .

The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support.

MetLife Inc (MET.N), the largest life insurer in the United States, said on Thursday it would take up to $275 million in third-quarter charges, in part to increase reserves for policies where it may know the holder is dead but no claim has been filed.

Here are some key quotes from Steve Jobs, the legendary co-founder and former chief executive of Apple Inc (AAPL.O), who died on Wednesday after a years-long battle with cancer.

It’s probably fitting that on the day Steve Jobs died the company he co-founded was vying for the crown of most valuable with Exxon Mobil, the legacy of an earlier titan of commerce, John D. Rockefeller. In the early 20th century it was Rockefeller who had the vision to remake entire industries and help modernize the U.S. economy while creating vast fortunes in the process.

Shares of OCZ Technology Group (OCZ.O) rose almost 19 percent in early morning trade on Thursday, a day after the computer memory and storage hardware maker raised its full-year revenue outlook and said it will acquire the UK design team of PLX Technology Inc (PLXT.O).

One day after former Apple CEO Steve Jobs passed away, Apple stock dropped slightly to $377.10.

Michael Ovitz has left the board of the sports talent agency IMG, TheWrap has learned.

The average 30-year fixed mortgage rate fell below 4 percent for the first time in history to 3.94 percent.

The whole process is to ensure that compensation is aligned with shareholder interest, Steve Rabitz, an attorney with Stroock & Stroock & Lavan who specializes in executive compensation, told International Business Times. But shareholders sometimes are angered by executive packages they believe are increasingly over-the-top.

The Canadian dollar weakened sharply against its U.S. counterpart in early trade on Thursday after the European Central Bank held interest rates unchanged, dashing hopes it might cut rates to stimulate growth.

The co-founder of Apple Inc., Steve Jobs, is dead at the relatively young age of 56. Jobs had been battling a rare form of pancreatic cancer for several years and, with his demise on Wednesday, Apple has lost both its mentor and its most creative genius.

Former directors of Lehman Brothers Holdings Inc won the dismissal of a lawsuit seeking to hold them liable for losses suffered by the fallen investment bank's employee retirement plan program.

Mattel Inc will increase the amount of recycled and sustainable fiber used in its packaging and products, months after the toy maker was criticized for packaging that allegedly came from Indonesian rainforests.

Apple Inc co-founder Steve Jobs died on Wednesday after a long battle with pancreatic cancer.

The force behind the iPod, iPhone and iPad not only created and then rescued Apple, building it into the most valuable tech company on the planet.

Microsoft Corp (MSFT.O) co-founder and chairman Bill Gates bid farewell to his long-time friend and competitor Steve Jobs on Wednesday, using the Apple (AAPL.O) co-founder's own words in his tribute.

Steve Jobs, who transformed the worlds of personal computing, music and mobile phones, died on Wednesday at the age of 56 after a years-long battle with pancreatic cancer.

The death of Apple co-founder and tech visionary Steve Jobs on Wednesday prompted an outpouring from public figures across the nation. Everyone from Snoop Dogg to President Barack Obama paid tribute to the man who transformed the computer and entertainment industries, and forever changed the way we consume media.

President Barack Obama joined an outpouring of tributes to Steve Jobs, calling the Apple co-founder a visionary and great American innovator.

Steve Jobs, Apple Inc's co-founder and former CEO who died Wednesday after a long battle with pancreatic cancer, created a series of seminal electronics products, reinvented several industries, and built Apple into a $350 billion juggernaut.

The top prosecutor for Northern California won't participate in a criminal investigation of failed solar energy company Solyndra because of ties to a law firm involved in the case.

Apple Inc (AAPL.O) co-founder and former CEO Steve Jobs, counted among the greatest American CEOs of his generation, died on Wednesday at the age of 56, after a years-long and highly public battle with cancer and other health issues.

Steve Jobs died on Wednesday.He was 56. His death leaves Apple without its charismatic co-founder but his legacy lives on its products and technologies.

The Associated Press reported on Wednesday that the founder of Apple and former CEO, Steve Jobs, has passed away.