Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.
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Asia’s QE money heads out on a slow-moving train
After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.
Polls show many people still struggling after recession officially ends
According to two surveys conducted by Gallup Inc, Americans had been struggling to recover financially even after the US recession was finally announced to have officially ended.
NASCAR puts Penske Racing on probation after allegedly a cutting deal
NASCAR placed Penske Racing on probation after cutting deal allegations with Front Row Motorsports was said to have transpired allowing Joey Logano pivotal track position.
GM and union agree to terms in Canada plant
The Unifor union and GM Co. was able to meet and agree on the new collective bargain agreement. A tentative settlement on a new collective agreement between General Motors Co and Canda's Unifor union was reached to cover employee benefits for GM's CAMI assembly plant located in Ontario, Canada.
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Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.
Credit Suisse AG is to sell of its German subsidiary according to a German paper. In a report from German weekly WirtschaftsWoche, Credit Suisse is intending to sell the private client's business of its German subsidiary Credit Suisse Deutschland AG.
Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.
The governments of the United States and Russia came to an agreement to seize the Syrian government's arsenal of chemical weapons within the week.
Golden Boy Promotions CEO Richard Schaefer said the fight between Mayweather and Alvarez today would be breaking pay-per-view (PPV) records at over 2 million buys.
Many celebrities posted on Twitter to commemorate Tupac Shakur's 17th death anniversary, said Hollywood Life report.
The Apple iPhone 5C and 5S with its new technology stands to create more business for eBay, Discovery and Intuit.
Boxing enthusiasts gave their predictions for the much-anticipated fight between Floyd Mayweather and Saul Alvarez.
A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.
