Financial

News > Financial > Twitter COO Resigns

Twitter COO Resigns

(San Francisco, CA) -- Twitter says its chief operating officer is resigning and won't be replaced. A recent report from Re/code had indicated that stockholders were concerned about the lack of growth and the fact that COO Ali Rowghani had dumped a lot of shares. Rowghani will remain with the company as an adviser. Twitter says his COO duties will be absorbed by the company's management team. Twitter shares are up more than four percent on the news.

Financial

(Undated) -- Starbucks' latest earnings report is not impressing investors. The coffee giant's ten-percent...
(Sacramento, CA) -- A judge in Sacramento has ruled in favor of the city of Stockton's plan to emerge from...
(New York, NY) -- Stocks closed higher Thursday on better-than-expected economic readings. The Commerce Department...
(Washington, DC) -- The White House is applauding the latest report on economic growth. Chief White House...
(Washington, DC) -- Fed Chair Janet Yellen wants to see more women and minorities become economists. In remarks...