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Powerball winner to face challenges

While there is still no winner for the Powerball, the winnings may not be a solution but a future problem.


Bosox owner buys Boston Globe

John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.

Employee discrimination suit against Wal-Mart dismissed

An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.

Berkshire Hathaway reports record earnings

Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.


Latest News

The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.
Seair announced today that Jim Laird is its newest chief financial officer. Proprietary technology and gas diffusing equipment developer Seair Incorporated announced today that it named Jim Laird as its latest chief financial officer.
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.
The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
The stocks of LinkedIn surged up to 10% today even with trailing revenue projections. Today, LinkedIn stocks rose up to 10% after the company reported its second quarter earnings.