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Luhan and SM Entertainment fail to reach a compromise during first court-appointed mediation

Luhan and SM Entertainment recently entered their first court-appointed mediation that lasted for only 30 minutes, with both parties failing to reach a compromise.


In Canada's oil sands, a boomtown starts feeling the chill

The boomtown in the heart of Canada's oil sands region is getting nervous. Fort McMurray, surrounded by the boreal forest of northern Canada, has long drawn thousands with jobs that paid six-figure salaries to a region that produces more crude than anywhere else in the Western Hemisphere.

American Apparel names new CEO, officially ousts founder

American Apparel Inc has officially fired its founder and former Chief Executive Officer Dov Charney, months after it suspended him for misconduct, according to a news release Tuesday.

Wall St. falls third session, led by tech, discretionaries

U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy.


Latest News

U.S. housing starts and permits fell in November, but remained at levels consistent with a gradually improving housing market. Groundbreaking declined 1.6 percent to a seasonally adjusted annual pace of 1.028 million units, the Commerce Department said on Tuesday. October's starts were revised up to a pace of 1.045 million units.
Dutch insurer Delta Lloyd NV (DLL.AS) has agreed to sell its Belgian banking operations to China's privately-held Anbang Insurance Group for 219 million euros ($273 million).
Destined to form models of the Burj Khalifa and Tokyo Tower, 90 million toy bricks will be used in new Legoland Parks in Dubai, Japan and Korea by 2017, building blocks in British operator Merlin's (MERL.L) expanding empire.
The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerging market giant Russia in a spiraling currency crisis.
The ruble plunged more than 10 percent for the second day on Tuesday and recorded its worst fall since the Russian financial crisis in 1998 as confidence in the central bank evaporated after an ineffectual overnight rate hike.
While the titans of the smartphone industry, Samsung and Apple have recently released their latest devices earlier this year, there are already rumors of Samsung's Galaxy Note 5. Will the Korean brand crush Apple's latest offering?
It's the winter premiere preview that has brought many fans to tears on "The Fosters". There will be upcoming episodes of more emotional despair and character dramas. What do we know so far about the upcoming premiere?
A brand new fifth season for VH1's "Love & Hip Hop" will premiere later tonight and it seems it is as chaotic as ever in the city that never sleeps. VH1 network also recently released a new extended trailer for the show.
Belgian biotech group Galapagos said on Tuesday that its research partner Janssen Pharmaceutica, a unit of Johnson & Johnson, had pulled out of a program to develop a new drug to treat bowel disease.
Rumors are spreading around that Ryan Gosling is being considered by Sony to be a part of the Sinister Six movie project and their Ghostbuster reboot. The actor still has not confirmed on what role he is interested in.