AOL CEO Apologizes For Public Firing Of Executive

AOL Inc. Chief Executive Tim Armstrong said in a staff memo on Tuesday that he made a mistake in publicly firing an employee last Friday in front of a thousand workers. A recording had been leaked to ...

Ebix Says Money Laundering Allegations Are False

Ebix Inc. said allegations that it was involved in money laundering were false, after its shares tumbled on a Bloomberg report that federal investigators were reviewing the insurance software maker's ...