Checkers Drive-In Restaurants Inc has been the latest restaurant chain that was purportedly preparing itself to go public.

According to a report by Reuters, sources said that Hilton Worldwide came up with its pricing terms on its USD5.85 billion refinancing credit that would be used to finance debt that would arise from its public offer.

Mediobanca, one of the shareholders in Telco SpA who is the majority shareholder in Telecom Italia SpA, announced the cut in its stake in the holdings company, lowering the value of the shares of the telecommunications firm.

Safeway, the grocery chain, received information as to the significant accumulation of shares of stock by an unnamed individual, requiring the company to protect itself from a hostile takeover.

Lamborghini unveiled a model of Lamborghini Aventador LP-700-4 carved out of solid gold and adorned with precious metals and gemstones.

Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.

Former Chief Customer Officer of Yammer David Obrand has been appointed by FuzeBox as its new Chief Executive Officer, replacing founder and former CEO Jeff Cavins.

After Microsoft announce the purchase of its handset business, the unveiling of the newest smartphone from Nokia is a watershed event for the future of the company.

Analysts believed that Grand Theft Auto 5 would become a billion dollar hit. Now that Grand Theft Auto 5 (GTA 5) has finally and officially hit stores, analysts said the game was poised to become a very big hit.

The Board of Directors of Microsoft Corp approved a new share repurchase program worth USD 40 billion.