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Yahoo Executive Vice President Levinsohn Leaving Company

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  • Description

    FBN's Adam Shapiro breaks down mid-afternoon market news.

  • Duration 1:00
  • Date

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Insurance.

Adam Shapiro -- -- Fox Business -- Yahoo!'s executive vice president Ross Levinson is leaving the company effective today.

Levenson says the decision -- made after the company's board of directors appointed former Google executive Marissa Mayer.

As the new CEO Levinson had been serving as interim CEO since may and his departure was anticipated with her hiring.

-- online poker sites have reached a multi million dollar deal with the Justice Department to settle charges of money laundering and fraud.

Poker stars will pay 731.

Million dollars over three years to the Department of Justice fight -- -- money will be used to reimburse former American customers of full tilt poker poker stars has acquired the assets of full tilt poker.

And the markets continue to drift lower as the Federal Reserve kicks off its two day policy meeting.

That's the latest from the Fox Business -- giving you the power to prosper.

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