Financial news on January 26, 2008

Business and Financial news
3 Leading Executives Resign at Insurer Under Inquiry

The top managers of WellCare Health Plans, an insurer being investigated by the F.B.I. for possible fraud, resigned Friday. Read more..

By BLOOMBERG NEWS - The New York Times

Belt-Tightening, but No Collapse, Is Forecast in Technology Spending

The outlook for growth in technology spending is encouraging, according to corporate technology buyers and industry analysts. Read more..

By STEVE LOHR - The New York Times

Hedge Fund Seeks Board Seats at Times Co.

An Alabama-based hedge fund, which controls less than 5 percent of Times Company stock, said it would try to elect directors to the company’s board. Read more..

By RICHARD PÉREZ-PEÑA and MICHAEL J. de la MERCED - The New York Times

New Editor Named in San Francisco

Ward Bushee, editor of The Arizona Republic, was named executive vice president and editor of The San Francisco Chronicle, succeeding Phil Bronstein. Read more..

By BLOOMBERG NEWS - The New York Times

Same Office, Different Planets

Do human resource executives know their employees? Apparently not, according to a recent survey of professionals. Read more..

By PAUL B. BROWN - The New York Times

Stakeholder Sues IAC Over Breakup Plan

The Liberty Media Corporation has sued IAC/InterActiveCorp in a dispute over IAC’s plans to split into five companies. Read more..

By BLOOMBERG NEWS - The New York Times

Taking the Bears to Task

Prominent bloggers are trading barbs over whether their fellow pundits have been far too optimistic or pessimistic about the economy. Read more..

By DAN MITCHELL - The New York Times

Who Has the Optimism? The Have-Nots

The future looks bleak in much of the developed world. But it looks bright in the developing world, according to two surveys released in connection with the World Economic Forum. Read more..

By FLOYD NORRIS - The New York Times

See what else happened on January 26, 2008