Steve Jobs, the ailing tech visionary who founded Apple Inc., said he was unable to continue as chief executive of the technology giant and handed the reins to Chief Operating Officer Tim Cook. | The president of Standard & Poor's is stepping down, an announcement coming only weeks after the rating agency's unprecedented move to strip the United States of its AAA credit rating. | Thomson Reuters Corp named Pulitzer-prize winning journalist and former Dow Jones Newswires President Paul Ingrassia to the new position of deputy editor-in-chief, one of four new hires brought in to overhaul its news operations. | Boeing's win of the $35 billion contract to build refueling tankers for the Air Force will mean about 4,500 jobs for California, including additional work for two aerospace subcontractors in Santa Clarita. | Prince Alwaleed bin Talal was ranked the richest Arab businessman by Arabian Business magazine for the seventh year after adding more than $2 billion to his wealth this year. | The multi-millionaire owner of the company that makes Segway motorised scooters has died in a freak accident while riding one of his vehicles. | Hewlett-Packard Co CEO Mark Hurd unexpectedly resigned on Friday after a sexual harassment probe found he had a "close personal relationship" with an HP contractor who received improper payments. | Reports Tuesday night have Carol Bartz out as Yahoo's CEO. The news ends a tumultuous 30-month reign for the former Autodesk CEO. |