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Facebook Accused of Taking UK For a Ride Over Taxes

Mark Zuckerberg

Facebook has been accused of taking the British taxpayer for a ride after experts suggested the company had depressed sales figures and that the website's average UK employee earned more last year than the whole social media network paid the exchequer.

JPMorgan CFO Douglas Braunstein Will Step Down

Super Dimon

JPMorgan Chase's Chief Financial Officer Douglas Braunstein may step down within the next couple of quarters and take on another post within the company, CNBC has learnt, according to someone familiar with Braunstein's plans.