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Microsoft urged to put Mulally, Lawrie on CEO shortlist

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At least three of the top 20 investors in Microsoft want a turnaround expert to succeed Steve Ballmer as chief executive and have urged the technology giant's board to consider Ford Motor CEO Alan Mulally and Computer Sciences CEO Mike Lawrie for the job, several sources familiar with the matter said.

Icahn waves white flag on blocking Dell deal

Carl Icahn Laboratory

Billionaire activist investor Carl Icahn waved a white flag of surrender in his effort to derail Dell's $25 billion bid to go private, saying a path to victory was "impossible" given the obstacles.