Wonga under fire from OFT
22 May 2012 | by Michael Northcott
The OFT has threatened Wonga with fines for repeated malpractice surrounding its debt collection antics.
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Beecroft hits back at 'socialist' Vince Cable
23 May 2012 | by Michael Northcott
In a high profile political spat, Adrian Beecroft has hit back at Vince Cable after the business secretary criticised his proposed employment reforms.
JPMorgan losses double to £4.4bn
22 May 2012 | by Rebecca Burn-Callander
Investment bank JPMorgan has now doubled its estimated losses on last month's catastrophic hedge trades.
Are you fitter to lead than Rupert Murdoch
18 May 2012 | by Martin Palethorpe
As criticism of Rupert Murdoch's leadership ability mounts, executive coach Martin Palethorpe asks: When was the last time we judged our own leadership skills?
Swanky London nightclub, Public, closed after neighbours' complaints
17 May 2012 | by Michael Northcott
Quote of the day: 'They are anti-public school people, they are anti-royal and they are just against anything they see as a bunch of toffs partying.' Howard Spooner, a co-owner of West End nightclub, Public, has hit out at neighbours after their lawsuit forced him to shut down the venue. They complained...
JPMorgan's CEO sued over $2bn trading loss
17 May 2012 | by Michael Northcott
America's largest bank just can't shake the attention from the international business community: their shareholders are suing.
Best Buy chairman resigns over company scandal
15 May 2012 | by Michael Northcott
Quote of the day: 'I confronted him with the allegations (which he denied), told him his conduct was totally unacceptable and contrary to everything I, and the company, stand for.' The founder and chairman of electronics retail Best Buy, Richard Schulze's personal censure didn't quite cut it with the...
Groupon trims losses to $3.59m
15 May 2012 | by Rebecca Burn-Callander
The daily deals service has slashed losses by 96% in the first quarter by cutting marketing spend and bumping up revenues 89% year-on-year.
Yahoo CEO steps down after CV embarrassment
14 May 2012 | by Michael Northcott
Scott Thompson resigned over the weekend amid rumours he added a computer science degree to his CV.
British Cheese Board to sniff out Cheddar anthem
11 May 2012 | by Michael Northcott
Britain's most popular cheese will soon have its own anthem, after the BCB launched a competition looking for lyrics.
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