Yahoo says it is appointing Ross Levinsohn as interim CEO and Fred Amoroso as chairman of its board, effective immediately. Yahoo says CEO Scott Thompson has left the company. Thompson has been under fire for more than a week over mentions in his resume and company filings of a computer […]

Yahoo Inc Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, a source familiar with the situation said on Sunday. Thompson’s interim replacement, effective immediately, will be Yahoo’s global media head Ross Levinson. Yahoo was not immediately available for […]

The CEO of JPMorgan Chase, which disclosed a $2 billion loss last week, said he was “dead wrong” when he dismissed concerns about the bank’s trading last month. CEO Jamie Dimon said he did not know the extent of the problem when he said in April that the concerns were […]