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E*Trade CEO named interim chair as Druskin leaves

Retures

E*Trade CEO named interim chair as Druskin leaves

Online broker E*Trade Financial Corp (ETFC.O) on Thursday named Chief Executive Officer Steven Freiberg interim chairman, replacing Robert Druskin.

Special Report: A fame-seeking Philly trader's rap falls flat

Special Report: A fame-seeking Philly trader's rap falls flat

Tyrone L. Gilliams Jr., a commodities trader, part-time online preacher and hip hop event promoter, is not one for understatement.

FedEx

At-home shopping leaps, driving UPS, Fedex demand

Costly fuel and harsh weather are leading more people to shop from home this year -- good news for FedEx (FDX.N) and United Parcel Service (UPS.N) as online sales jumped by double digits in the first quarter.

Google Chrome

Google launches Chrome PCs, takes on Microsoft

Samsung and Acer Inc laptop computers using Google's Chrome operating system will go on sale in June, as the world's No. 1 Internet search engine tries to entice people to do more on the Web.

Virgin Airlines is now known Virgin Australia

Virgin and Delta deal ready to take off

Virgin Australia sporting a new name landed the rights to forge a coalition with Delta Air Lines on the Australia-US course but is still boosting efforts to find airline partners particularly in the Asian region.

IPO

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Formula One IPO in the Fast Lane

Formula One Gets Greenlight for $3 Billion Flotation

09:53 AM ET

Media sources say that motor racing giant Formula One has gained approval for an initial public offering worth nearly $3bn on Singapore's stock exchange.

Retail

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Burberry Wins Counterfeit War; Awarded £63 Million in Damages

Burberry Shares Drop as Investment Set to Hit Profits

09:15 AM ET

Burberry reported full-year profits of £366m - a 24 percent rise - but said a new investment of around £200m could hit future profitability.

Technology

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Steve Ballmer: New Windows 8 Was Designed to Dominate

Steve Ballmer: New Windows 8 Was Designed to Dominate

04:34 AM ET

Microsoft is all set to deploy a re-engineered Windows system on its new Windows 8, which replaces the highly successful Windows 7.

Financial

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Northern Rock

Northern Rock Rescue Could Cost UK Taxpayer £2 Billion, Says NAO

07:42 AM ET

Treasury committed itself before looking in detail at the possible consequences for the taxpayer, says NAO.

Inside UK.IBTimes.com