Management

Robert P. Kelly stands to collect tens of millions of dollars on his way out as chief of Bank of New York Mellon, a figure unlikely to be dented by a successful shareholder initiative last year that sought to limit executive severance at the company.

MTV Networks announced Thursday that its chairman and chief executive, Judy McGrath, was resigning. The surprising change at the top comes at a time when MTV is riding a surge in both ratings for its programs and profits for its parent company, Viacom.

Which came first the chicken or the egg? That is part of the puzzle today concerning the Silicon Valley darling Apple. Here's the chicken: The stock lost $10 billion in four minutes Thursday. Here's the egg: There is a rumor the Steve Jobs is in the hospital again.

Google co-founder Larry Page is taking over as CEO in an unexpected shakeup that upstaged the Internet search leader's fourth-quarter profits - which, by the way, were great.

Hewlett-Packard Co CEO Mark Hurd unexpectedly resigned on Friday after a sexual harassment probe found he had a "close personal relationship" with an HP contractor who received improper payments.