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Social media as important as face-to-face, say CEOs

Social media is set to become one of the most important forms of customer interaction, according to a new IBM study of more than 1,700 CEOs across 18 industries.

'I don't deserve bonus' says Tesco chief

Quote of the day: 'I wasn't satisfied with the performance in the UK and I won't take the bonus.' Tesco chief exec Philip Clarke has declined his annual bonus after the supermarket giant posted poor results for the year. Tesco's shrinking profitability in the UK has seen the chain lose a quarter of...

Mitchell & Butlers profits dip

Profits at All Bar One owner Mitchell & Butlers have shrunk. Must be all that rain.

MT Expert: How to conquer indecision

When the alternatives all look equally awful and the way ahead is unclear, making up one's mind can seem impossible. Professor Jonathan Herring explains what to do when there seems no right answer.

The Grexit, Spanish flu and French cold feet

Greece's default looms large and Bankia teeters. Meanwhile, France attempts to edge away from the abyss.

JPMorgan's CEO sued over $2bn trading loss

America's largest bank just can't shake the attention from the international business community: their shareholders are suing.

CFOs in the UK 'more cautious' than in US

A study has found that more than half of the UK's financial officers plan tight controls on spending in the coming year.

The Social Network screenwriter to pen life of Jobs

Quote of the day: 'There is no writer working in Hollywood today who is more capable of capturing such an extraordinary life for the screen,' reckons Amy Pascal, co-chairman of Sony Pictures Entertainment. That life is that of Apple co-founder Steve Jobs, and that writer is none author than Aaron Sorkin,...

Best Buy chairman resigns over company scandal

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...

Facebook to raise its share price ahead of IPO

Stat of the day: $100bn+. As Facebook cracks on with its IPO road show, the social network has raised the price range, adding billions to its upcoming valuation.

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