Dow Jones CEO Les Hinton is leaving the company in the wake of the PhoneGate hacking scandal. Hinton is the second high-ranking News Corp. executive to step down today, and the first major figure from the company’s American operations.
- S&P threatens broad downgrade of finance companies- Reuters
- 8 banks flunk European stress test- AP
- China stumbles in yuan grand plan- WSJ
- Galbraith: Hard to be optimistic about Europe- The Daily Ticker
- Who to blame for the debt fiasco- USNews
- Gold at record highs amid economic worries- AP
- U.S. credit: Raising the ceiling isn't enough- CNNMoney
- Wall St up slightly after bank stress-test results- Reuters
- Buffett invests like a girl: author- Breakout