NEW YORK CITY

Seven Dead In Mauritania Plane Crash, No Survivors

Photo of a Harbin Y-12 aircraft
All seven people aboard a plane being used by Kinross Gold Corporation (NYSE: KGC) died when the aircraft crashed shortly after takeoff from an airport in the African nation of Mauritania, officials of the gold mining company said Thursday.
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News Corp. Board Meets To Consider Splitting Company

The board of News Corp. (NYSE: NWSA) planned to meet Wednesday to consider splitting the global media giant into two entities, rumors of which move have lifted the New York-based company's shares more than 6 percent this week.
Best Buy

Best Buy Founder And Chairman Richard Schulze Resigns

Richard Schulze, the founder and largest shareholder of Best Buy Co. (NYSE: BBY), the biggest U.S. electronics chain store, told the company's board Thursday he is resigning, effectively immediately. A reason for the abrupt departure was not publicly disclosed.
American International Group

Judge Tosses Part Of AIG Suit Against Bank Of America

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.

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