Allison Jackson


Allison Jackson is a GlobalPost writer based in Mexico.

Best Buy investigates former CEO Brian Dunn over alleged inappropriate relationship with female employee

The big box retailer is investigating allegations that its former chief executive Brian Dunn, who resigned Tuesday, had an inappropriate relationship with a female subordinate.

Goldman Sachs slashes compensation for its chairman, Lloyd Blankfein, by 35% to $12.4M

UK postal service provider Royal Mail caps stamp sales after price hike plan sparks panic buying

Hollywood stars Brad Pitt and Angelina Jolie are engaged, spokeswoman says


US private equity firm Carlyle Group seeks to raise $762.5 million in initial public offering

McDonald’s appoints Tim Fenton chief operating officer of the global fast-food giant

Fenton, a 39-year veteran of McDonald’s, will replace Don Thompson, who will become chief executive of the world’s largest restaurant chain when Jim Skinner retires in the summer.

Philip Morris and other top cigarette makers pay more than $6 billion to US states under settlement agreement

Top US tobacco product manufacturers said Monday they have made their annual payments under a 25-year agreement to help states cover smoking-related health costs.

Tokyo Governor Shintaro Ishihara riles Beijing with plan to buy islands in a disputed area of the East China Sea


The 79-year-old politician wants to use public money to buy three of the islands that are also claimed by Beijing.

Citigroup shareholders reject $15M pay package for chief executive Vikram Pandit at annual meeting

More than half of Citigroup’s shareholders on Tuesday rejected a plan to pay the bank’s chief executive, Vikram Pandit, $15 million for 2011 when the company’s share price plunged 44 percent.

Authorities in Mexico prepare to evacuate residents near Popocatepetl volcano after alert level raised

Schools have canceled classes and emergency teams are on standby as Popocatepetl volcano near Mexico City continues to belch ash and smoke.