Finance Latest News: Barnes & Noble CEO William Lynch Resigns, Barnes & Noble CEO William Lynch Resigns
Barnes & Noble Incorporated said that William Lynch has stepped down as CEO, effective immediately, just weeks after the book retailer announced weak sales, big losses and the declining popularity of its Nook e-readers.
IMF scales back world growth forecasts for 2013-14
The International Monetary Fund forecast slower global growth for 2013 and 2014, citing expectations of a more protracted recession in Europe and a slowdown in key developing countries such as China and Brazil.
Judge tentatively lets U.S. pursue lawsuit versus S&P
A federal judge has made a tentative ruling that would let the U.S. government pursue its billion civil lawsuit accusing Standard & Poor’s of defrauding investors by inflating credit ratings prior to the financial crisis.