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Chesapeake Energy

Chesapeake To Replace McClendon As Chairman

Chesapeake Energy Corp will find an independent, non-executive chairman to replace Aubrey McClendon, who will retain his position as chief executive officer, the natural gas producer said on Tuesday.
recall

Dog Food Recall Issued by Diamond Pet Foods for Salmonella, Recalled Products List Grows Longer

Diamond Pet Foods, a Missouri-based pet food manufacturer, has issued a recall and suspended production on its dog and puppy dry food because of possible salmonella contamination. The latest recall comes from the same plant that produced mold-contaminated food when dozens of dogs were killed nationwide in 2005. According to a statement from the company, which is under Schell and Kampeter, Inc., the recall includes the Chicken Soup for the Pet Lover's Soul Adult Light Formula dry dog food and ...
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Rupert Murdoch

Murdoch Unfit To Run Company: U.K. Lawmakers

Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.
US Housing Sector

US Homeownership Rate Drops To 15-Year Low

The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting.
Orhan Pamuk

Nobel Winner Pamuk Opens Novel Museum in Istanbul

Nobel prize-winning Turkish writer Orhan Pamuk realizes a long-nurtured dream on Saturday with the opening of an actual Museum of Innocence - a collection of relics of a half-century of ordinary life - as depicted in his 2008 novel of the same name.
IBTimes Logo

SNOPA Bill Stops Employers From Requiring Employee Facebook Passwords

Two members of Congress introduced a bill on Friday that would ban employers from requiring employees to hand over their social networking account information. The Social Network Online Protection Act was introduced by Democratic Congressman Eliot Engel of New York and Congresswoman Jan Schakowsky of Illinois.
M & A

Mergers, Acquisitions Increase: Sunoco, Delta, Payless Shoe

Mergers and acquisitions are on the upstream as low interest rates, rising business and consumer confidence plus depressed prices for some assets have companies seeking buys that will allow them to expand or cut costs through synergy.

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