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Vatican Disputing Scandal Rumors Amid Pope’s Resignation

Vatican Disputing Scandal Rumors Amid Pope’s Resignation

Carlos Alvarez/Getty Images(VATICAN CITY) — As Pope Benedict XVI prepares to step down from the papacy this Thursday, the Vatican has also been forced to deal with reports in the Italian media about an alleged scandal involving gay clergy being blackm…

Pope Benedict Will Live in Quiet Retirement

Pope Benedict Will Live in Quiet Retirement

GABRIEL BOUYS/AFP/Getty Images(VATICAN CITY) — Pope Benedict XVI, the first Roman Catholic pontiff to abdicate in nearly 600 years, told priest and clergy gathered in Vatican City on Thursday that he would hold no public office when his resignation be…

What Will Pope Benedict XVI Do After He Resigns?

What Will Pope Benedict XVI Do After He Resigns?

Joe Raedle/Getty Images(NEW YORK) — When most people retire, they think of going to Florida, playing Bingo or filling their spare time with favorite hobbies.When U.S. presidents leave office, they do charity work and oversee the building of their pres…

Pope Benedict XVI to Resign on Feb. 28

Pope Benedict XVI to Resign on Feb. 28

Carlos Alvarez/Getty Images(VATICAN CITY) — Pope Benedict XVI’s unprecedented announcement Monday that he will resign Feb. 28 brings to a close one of the shortest papacies in history, for which the pontiff will leave a legacy as a leader with views i…

Egypt’s Chief Prosecutor Quits One Month After Appointment

Egypt’s Chief Prosecutor Quits One Month After Appointment

Stockbyte/Thinkstock(CAIRO) — One month after President Mohamed Morsi appointed him, Egypt’s chief public prosecutor resigned Monday.Talaat Ibrahim Abdullah stepped down after district prosecutors claimed he pushed for filing charges against a group o…

Jesse Jackson Jr.’s Continued Troubles

Jesse Jackson Jr.’s Continued Troubles

PAUL J. RICHARDS/AFP/Getty Images(WASHINGTON) — Jesse Jackson Jr. resigned his seat in the House this week, citing his bipolar disorder, but he still has other troubles. While Jackson says his health issues and treatment are “incompatible” with servic…

Jesse Jackson Jr.’s Resignation Could Cost Taxpayers $5.1 Million

Jesse Jackson Jr.’s Resignation Could Cost Taxpayers $5.1 Million

PAUL J. RICHARDS/AFP/Getty Images(CHICAGO) — Jesse Jackson Jr.’s resignation from the House could cost Illinois taxpayers more than $5.1 million, according to the state elections board.Jackson, Jr. offered his resignation Wednesday to House Spea…

Jesse Jackson Jr.’s Resignation Could Cost Taxpayers $5.1 Million

Jesse Jackson Jr.’s Resignation Could Cost Taxpayers $5.1 Million

PAUL J. RICHARDS/AFP/Getty Images(CHICAGO) — Jesse Jackson Jr.’s resignation from the House could cost Illinois taxpayers more than $5.1 million, according to the state elections board.Jackson, Jr. offered his resignation Wednesday to House Spea…

Fired or Resigned: Should CEOs be Treated Differently?

Fired or Resigned: Should CEOs be Treated Differently?

Andrey Rudakov/Bloomberg via Getty Images(NEW YORK) — The Securities and Exchange Commission has launched an informal investigation to determine if Citigroup misled shareholders when it claimed former CEO Vikram Pandit “resigned” on Oct. 16.  Pan…

Fast and Furious Fallout: Former Deputy Director Leaving ATF

Fast and Furious Fallout: Former Deputy Director Leaving ATF

Ryan Kelly/Congressional Quarterly/Getty Images(WASHINGTON) — The former Deputy Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives has left the agency in the wake of the fallout from the Fast and Furious gun walking scandal. William H…

Barclays CEO Bob Diamond Steps Down

Barclays CEO Bob Diamond Steps Down

Bruno Vincent/Getty Images(NEW YORK) — Another top executive at Barclays has resigned amid allegations that the U.K.-based bank tried to manipulate worldwide interest rates for its own financial gain.Bob Diamond announced on Tuesday he was stepping do…

Barclays Chairman Resigns Amid Rate-Rigging Allegations

Barclays Chairman Resigns Amid Rate-Rigging Allegations

Bruno Vincent/Getty Images(NEW YORK) — The chairman of Barclays announced on Monday he was stepping down in the wake of allegations that the U.K.-based bank tried to manipulate worldwide interest rates for its own financial gain.Last week, the world’s…

Richard Grenell, Openly Gay Romney Spokesman, Resigns from Post

Richard Grenell, Openly Gay Romney Spokesman, Resigns from Post

Jeff Swensen/Getty Images(BOSTON) — Richard Grenell, the openly gay foreign policy spokesman for the Romney campaign, resigned from his recently-appointed post on Tuesday, ABC News has confirmed.“We are disappointed that Ric decided to resign fr…

Best Buy CEO Quits Amid Probe into Personal Conduct

Best Buy CEO Quits Amid Probe into Personal Conduct

KAREN BLEIER/AFP/Getty Images(MINNEAPOLIS) — When Brian Dunn announced on Tuesday he was stepping down as CEO of Best Buy, it appeared to be related to the company’s financial struggles as a big box retailer.  But a statement released later that …

Best Buy CEO Brian Dunn Resigns

Best Buy CEO Brian Dunn Resigns

KAREN BLEIER/AFP/Getty Images(MINNEAPOLIS) — After being out-maneuvered by Internet rivals with lower operating costs, Best Buy has fallen on hard times.  Now, the big retailer says its CEO Brian Dunn has resigned and will step down from the boar…

Head of Government Cost Cutting Resigns After Lavish Convention

Head of Government Cost Cutting Resigns After Lavish Convention

Tom Williams/Roll Call(WASHINGTON) — President Obama — “outraged” by an inspector general’s report detailing lavish spending by the government agency in charge of cutting costs — has fired the head of that agency, Martha Johnson, t…

German President Resigns Amid Financial Scandal

German President Resigns Amid Financial Scandal

Sean Gallup/Getty Images(BERLIN) — Facing pressure from prosecutors over allegations he received favors before becoming head of state, German President Christian Wulff announced on Friday he was stepping down.His resignation comes a day after prosecut…

UPDATE: *LIVE FEED* Weiner To Address Press On His Resignation at 2pm

UPDATE: *LIVE FEED* Weiner To Address Press On His Resignation at 2pm

LIVE FEED ABOVE UPDATED: The Washington Post reports that Weiner’s office  has said Weiner will address reporters at 2 p.m., at a senior citizens center in Brooklyn. Weiner’s decision comes weeks after he posted a suggestive picture of himself–intended as a private message to a college student in Washington state–to his public Twitter account. —————————————- […]

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