The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
North America
Fed's Fisher calls out government
The president of the Federal Reserve Bank of Dallas has called out the US leadership on its continued gridlocks in a speech held in Sydney, Australia.
Qunar.com and 58.com IPO values oversubscribed
With two mainland China IPOs oversubscribed, consumer confidence indicates greater trust in new IPO shares.
SAC Capital Advisors to give guilty plea, pay USD 1.8 billion fine for securities fraud- report
A CNBC report said that SAC Capital Advisors would plead guilty to securities fraud charges and pay a fine of USD 1.8 billion.
Chinese companies hold up despite NQ Mobile allegations- report
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Latest News
The women's and men's titles for the New York City Marathon were clinched by Kenyan runners.
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
Twitter fans take to Twitter to air their concerns over the Denver Nuggets mascot who fell unconscious in the pre-game festivities.
Apple's iPad Air received a low repairability rating from a repair website. In their Teardown of Apple's newly launched iPad Air, repair website iFixit gave the tablet a Repairability Score of 2.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
A group of technology companies including Microsoft and Apple claimed Google had infringed one of their patents it had obtained by bankrupt mobile company Nortel.
Berkshire Hathaway reaped the gains from some of its past deals it made during the 2008 financial crisis.
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
