DOWN

Citigroup Chairman Richard Parsons waits for an address by President Barack Obama about the global financial crisis, at Federal Hall in New York September 14, 2009.

O'Neill to Succeed Parsons as Citigroup Chairman

Citigroup Inc. announced Friday that Richard Parsons would quit as chairman of the firm at its annual meeting in April and Michael O'Neill, the former chief executive of Bank of Hawaii Corp, would succeed him.

Wall St ends strong month on down note

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Stocks dipped on Wednesday, snapping a four-day winning streak after comments from Federal Reserve Chairman Ben Bernanke disappointed investors hoping for a strong signal of more stimulus.
James Murdoch

James Murdoch Steps Down as News Corp U.K. Unit Head

James Murdoch, the younger of 80-year-old media baron Rupert Murdoch's two sons, will relinquish his position as executive chairman of U.K.-based newspaper publisher News International, following a phone-hacking scandal that shut down the News of the World newspaper.
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Penney's February sales down

J.C. Penney Co Inc's February sales are down from last year, its chief executive said on Friday, as the retailer tries to get shoppers used to a new pricing strategy that does not include the discounts that hurt margins.
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Penney's February sales down

J.C. Penney Co Inc's February sales are down from last year, its chief executive said on Friday, as the retailer tries to get shoppers used to a new pricing strategy that does not include the discounts that hurt margins.
Brett Lee, Nuwan Kulasekara, Thisara Perera

Sri Lanka Beat Australia by 3 Wickets

Sri Lanka chased down 280 with four balls to spare to clinch a confidence-boosting three-wicket win over Australia in their one-day match in Hobart on Friday and take top spot in the tri-series tournament.
Stock brokers

Sensex Drops; Bharti, Kingfisher Down; SBI up

The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.
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Wall Street to open slightly down; housing data on tap

Wall Street stocks were poised for a modestly lower open on Wednesday, putting the three-day winning streak for the S&P 500 in jeopardy after weaker-than-expected euro zone economic data and ahead of a report on the U.S. housing market.
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Johnson & Johnson CEO Weldon to step down in April

Johnson & Johnson Chief Executive William Weldon will step down from his post in April after a series of recalls called into question the quality of the healthcare giant's products, from artificial hips to infant Tylenol.
Heart Attack Grill Scare: Should Las Vegas Restaurant Be Shut Down? [POLL]

Heart Attack Grill Scare: Should Las Vegas Burger Joint Be Shut Down? [POLL]

Advocacy groups and news sources alike are calling on the Heart Attack Grill to close its doors after one of its patrons suffered an actual heart attack while eating the restaurant's Triple Bypass Burger. Should the grill be shut down, or does the Las Vegas restaurant have the right to stay open? Vote here.
Molten gold

Gold, Silver Suffer Three Straight Days Of Declines

The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.
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Microsoft India store down after hackers take user data

Microsoft India's retail website was down on Monday after being hacked, with a purportedly Chinese group called Evil Shadow Team posting screenshots the hackers said were customers' obscured usernames and passwords found unencrypted on the site.
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Anonymous Takes Down Greek Police and Government Web Sites as Athens Erupts

Just a week after the Greek Ministry of Justice Web site was defaced by Anonymous in a protest against the signing of the controversial ACTA treaty by the Greek government, the online activist group has reportedly taken down a number of Greece government run Web sites in response to the people powered uprising in Athens.

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