CNN chief Jim Walton calls it quits – USA Today
Walton built the company into a profitable international news organization in his 10 years as president of CNN Worldwide, and said it is on track for record profits this year. But the U.S. network is the most visible part of the business and is …

Twitter goes down, company at work on fix – CNET News
The company didn’t say what the issue might be, but did say that its “engineers are currently working to resolve the issue.” Twitter said to be readying its own reality TV show Did Chick-fil-A really pretend to be a teenage girl on Facebook? Twitter to …

Company warned of Iran sanctions – United Press International
Shurat HaDin — Israel Law Center — said it sent a letter to Inmarsat PLC warning the London-based company of the alleged violation. “We will not tolerate Inmarsat’s — or any corporation’s — profiting from the blood of innocent people,” said …

Doctor’s company reimagines health care delivery – CBS News
(CBS News) Health care is a nearly $3 trillion per year industry … making house calls to patients who scheduled their own appointments online. His new company Sherpaa is one of several start-ups looking to use technology to help people …

Sanctions to shut Indian-Iranian shipping company – NBCNews.com
The top executive of the Indian side of Irano Hind said Wednesday it had become too difficult to operate the fleet’s seven vessels under sanctions imposed by the U.S. in 2008 and U.N. two years later for the company’s connections to the …

Company recalls hundreds of thousands of strollers – FOX News
A six-month-old boy from Tarzana, Calif. died of strangulation in a stroller in 2004, while a seven-month-old girl from New York was nearly strangled in 2006, according to Peg Perego USA Inc. The company said entrapment and strangulation can …

Megaupload Prosecutors Seek to Keep Company as Defendant – Bloomberg
Megaupload Ltd. should remain a defendant in the federal criminal case accusing the Internet company and its founder, Kim Dotcom, of running a massive illegal file-sharing service, U.S. prosecutors said. Prosecutors, seeking to defeat the …

Ex-News Corp. Editors Brooks, Coulson Charged in Hacking – Bloomberg
The criminal cases are in the public interest. News Corp., controlled by Chairman Rupert Murdoch, a friend of Brooks, is splitting the company to move on from the scandal that resulted in about 60 arrests and revealed cozy ties between the …