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How Bill Gross became too hot for Pimco to handle

Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.


Alibaba's Jack Ma rises to top of China rich list as tech tycoons gain

Jack Ma, executive chairman of Alibaba Group Holding Ltd (BABA.N), has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.

When music stops for Oracle CEO dance, Catz may grab Ellison's chair : analysts

If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp (ORCL.N)? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz.

Ebola could drain billions of dollars from African economies: World Bank

The largest-ever outbreak of Ebola could drain billions of dollars from economies in West Africa by the end of next year if the epidemic is not contained, the World Bank said in an analysis on Wednesday.


Latest News

Stephen Hawking's new book, 'Starmus,' has a preface addressing the 2012-discovered Higgs boson, stating that it could become unstable and produce an expanding vacuum bubble to end the universe. However, scientists, and even Hawking himself, countered that it will not happen any time soon, as the particle accelerator big enough to destabilize the particle does not exist.
Singer Jill Scott's alleged photos have also surfaced along with naked photos of other celebrities following a massive hack. According to the singer, the photo of her in a robe was authentic and used to chronicle her weight loss, but the other one of her naked is a fake.
Zayn Malik and Perrie Edwards will be back in each other's arms soon, as One Direction's 10 day break coincided with Little Mix album-making break. Will they finally get to talk about the details of their wedding?
Robin Thicke and Katie Holmes are allegedly dating, but with Holmes busy being a mother to Suri and Thicke partying drunk and ignoring police officers, this rumor may prove to be untrue.
Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said on Wednesday.
It is not sure whether Kaley Cuoco--Sweeting will be pursuing the distributor of her private photos, but the actor seems to have moved on from the issue and is making a laugh about it by posting a photo of herself with her husband with their private parts blurred out.
Pakistan's parliament threw its weight behind embattled Prime Minister Nawaz Sharif on Tuesday as a deepening crisis over violent protests demanding his resignation prompted fears of an army intervention.
Jenny McCarthy and Donnie Walhberg is officially married following their intimate wedding ceremony at Hotel Baker in Chicago. The two wed in front of relatives and close friends while fans waited outside the hotel to get a glimpse.
"Game of Thrones" viewers will still see Lena Headey's naked walk of shame following the permission granted by the film commission of Dubrovnik. However, Headey will have to walk out of a fake church, as the stipulation in the permit bans her from stepping inside a church in her nakedness.
In 2010, former Chinese gymnast Li Ning led a surging $4 billion sportswear business, a gold-medal pinnacle echoing his victories at the 1984 Olympic Games.
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