The Bachelor
News Corp Chief Executive Rupert Murdoch is single again, after catching the media world flat-footed by filing for divorce from his wife of 14 years, Wendi Deng Murdoch. Not only is Murdoch's marriage splitting, but so is his company. News Corp is set to divide into two companies next week.
businesspluginfeed
Corporate Transparency
Lululemon shocked Wall Street for the second time in four months with the surprise announcement that Chief Executive Christine Day would be leaving the company.
businesspluginfeed
Center Stage
Apple's World Wide Developer's Conference kicks off June 10, and all eyes will be Jonathan Ive. Known for his elegant hardware design, the conference mark the first since Ive took over Apple's software design.
businesspluginfeed
Hung Up
Verizon, led by CEO Lowell McAdam, is dealing with revelations that it has been required by court order to turn over its customers phone records to the National Security Agency.
businesspluginfeed
Splitsville
Troubled gaming company Zynga was forced to lay off 520 employees, or 18 percent of its staff, Monday. The company has lost about $5 billion in value since going public.
businesspluginfeed
Redemption Day
Investors in Steve Cohen's SAC Capital hedge fund, which is battling an insider trading probe, have until the end of the day to ask for their money back.The Wall Street Journal reported that an estimated $3.5 billion is expected to be pulled from the hedge fund.
businesspluginfeed
I Got Seduced Into Newsweek
IAC Chairman Barry Diller is plotting to sell the digital remnants of once-proud Newsweek magazine. Of his 2010 deal to merge the title with The Daily Beast, Diller said at the D11 conference Wednesday, "I got seduced into Newsweek."
businesspluginfeed
Positively Electric
The stock of electric car maker Tesla cracked $100 for this first time Tuesday and have almost quadrupled for the year, giving CEO Elon Musk every reason to break out the champagne.
businesspluginfeed
Billionaire Lip Slip
Hedge fund manager Paul Tudor Jones raised the ire of women everywhere by claiming they weren't as great at trading as men. "As soon as that baby's lips touch that girl's bosom, forget it." Yay, equality.
businesspluginfeed
Tough Assignment
Wal-Mart on Wednesday hired Dan Bartlett, a former adviser to President George W. Bush, to rebuild its public perception as head of corporate and government affairs. Good luck with that.
businesspluginfeed
Tumblr's David Karp Wins The Week
The business week is only half over, but 26-year-old Tumblr founder David Karp is clearly the big winner. We're pretty sure no one is going to top the reported $250 million — or just less than $10 million for each year of his life — he netted in the Yahoo deal.
businesspluginfeed
