WPP boss Martin Sorrell faces misconduct investigation

BBC News

WPP is investigating an allegation of personal misconduct against its chief executive Sir Martin Sorrell. The world's largest advertising agency said its board had appointed independent counsel to conduct the investigation. "The allegations do not involve amounts which are material to WPP," the firm said in a statement on Tuesday. Mr Sorrell responded on Wednesday, saying he rejected any allegation of financial impropriety "unreservedly". "Reports in the media have stated that WPP is investigating an allegation of financial impropriety by me, specifically as to the use of company funds," Sir Martin said in a statement.

Ad King Sorrell's Abdication Leaves WPP at Crossroads

U.S. News

WPP did not give any details of the allegation and Sorrell denied the charges, initially saying that he understood the need to investigate. However, when the matter made it into the Wall Street Journal he told friends he thought it was being used as a weapon to force him out, one source said.

Older teenagers face biggest funding cuts, says think tank

BBC News

Older teenagers have been the biggest losers as spending on sixth forms and further education has been "continually squeezed" for 25 years, says a report. Spending on 16 to 18-year-olds has faced cuts too often while education spending overall has risen, says the Institute for Fiscal Studies. However, government plans mean schools as a whole face "real-terms cuts for the first time in 20 years", it adds. Ministers say they will protect further education until 2019-20 in cash terms. According to the IFS, the last 30 years as a whole have seen increased spending per pupil for most age groups, and particularly for nursery age children.

Shares in World's Biggest Ad Group Nosedive on Weak Earnings

U.S. News

Third quarter revenue was down 0.8 percent to 3.76 billion pounds ($4.9 billion), partly due to a slowdown in business in North America. CEO Mark Read, who took over from founder Martin Sorrell in September, said the company has been "too slow to adapt" to structural change in the industry.

Chicago woman once addicted to porn says God helped cure her

FOX News

Gracelyn Sorrell said her addiction to porn started after she lost her dad in 2013. A teen who watched porn for up to four hours a day has vowed she won't even kiss before marriage, now that she has conquered her addiction. Gracelyn Sorrell, 19, said she was 14 when an explicit picture on social media triggered her "impure desires" and prompted her to delve further into X-rated websites. The teen sadly lost her dad in 2013 and said pornography became a way to comfort herself and escape from the grief. Sorrell, of Chicago, would secretly access the porn on her cell phone and regularly stayed up until 3 a.m.