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My big mistake: Bogle, Schmidt & more

As zeroes attached to each mistake multiplied, so did the risk to these icons’ fortunes and reputations.

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VIDEO: Where is inequality gap heading?

French economist Thomas Piketty is causing a stir with his new book about the gap between rich and poor. Newsnight policy editor Chris Cook talks you through some of Piketty’s analysis and his controversial policy suggestions.

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US 1% captures greatest slice of income pie: OECD

The richest 1 percent have got significantly wealthier in most countries over the past three decades.

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Why we’re still stuck in the ‘new normal': Pimco

The markets have also shifted their Fed tapering obsession to a new fixation, Pimco’s Tony Crescenzi tells CNBC.

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Got $93,000 to spare? Robots get cheaper

Lifelike “humanoid” robots are around 75 percent cheaper than they were five years ago, making the price of such machines similar to that of a luxury sports car.

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Ford names Fields CEO: Can he beat the odds?

It’s a rare example of a major carmaker making a smooth transition from one CEO to another.

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Exxon profit dips; upstream, cost cuts help

Exxon Mobil reported first-quarter earnings on Thursday that beat Wall Street’s expectations.

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Rents pledge focus for Labour launch

Labour would limit annual rent increases in the private sector to give a “fairer deal” to tenants, leader Ed Miliband says.

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Viacom to buy Channel 5 for £450m

US media group Viacom has agreed to buy the UK’s Channel 5 for £450m, it has been announced.

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Pound rises on UK factory surge

The pound hits its highest level against the dollar for nearly five years after a survey suggests that UK manufacturing grew much faster than expected in April.