Business briefs: BP Chief Executive John Browne resigns

BP Chief Executive John Browne resigned Tuesday, hours after a judge lifted a legal injunction preventing a newspaper from publishing details of his private life and allegations that he misused company resources. Browne, 59, had been fighting since January to keep the Mail on Sunday newspaper from publishing details from an interview with a man with whom he had a relationship.

News Corp. and Dow Jones

Dow Jones & Co. (DJ), publisher of The Wall Street Journal, has received an unsolicited bid from Rupert Murdoch’s News Corp. (NWS) to buy the company for $5 billion, or $60 a share. The news sent its shares soaring and those of other newspaper companies higher. Dow Jones is controlled by the Bancroft family through a class of shares and cannot be taken over without their consent.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

File photo
SFPD releases videos of deadly police shooting

Cesar Vargas killed after reports of carjacking with knife

New legislation would make sure supportive housing tenants don’t pay more than 30 percent of their income for rent.. (Kevin N. Hume/S.F. Examiner))
Supportive housing tenants could get more help paying the rent

Supportive housing tenants struggling to pay rent could soon see their payments… Continue reading

The City requires the recycling or reuse of debris material removed from a construction project site. <ins>(Emma Chiang/Special to S.F. Examiner)</ins>
<ins></ins>
Permits proposed for haulers of construction debris to achieve zero-waste

San Francisco plans to tighten regulations on the disposal of construction and… Continue reading

(Justin Sullivan/Getty Images/TNS)
Newsom says California will review FDA-approved COVID-19 vaccines before releasing to public

By Taryn Luna Los Angeles Times California will review the safety of… Continue reading

Rachael Tanner, left, testifies virtually before the Board of Supervisors Rules Committee Monday, October 19, 2020. (SFGOV courtesy art)
Rachael Tanner set to become SF’s next Planning Commissioner

Rachael Tanner is expected to serve as the newest member of the… Continue reading

Most Read