People

McDonald’s offers to buy out Indian partner

McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.


Newsweek’s new owner names editor-in-chief

IBT Media appointed the new editor-in-chief after acquiring Newsweek from IAC/InteractiveCorp last month.

Rogers Communications names new CEO

Rogers Communications had gone overseas in search of a new CEO to replace Nadir Mohamed who would step down from office on December 2.

Emily Blunt, John Krasinski purchase USD 2 million house for new addition to family

Hollywood couple Emily Blunt and John Krasinski bought a new mansion in Ojai, California as actress confirmed her pregnancy.


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Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.
Ashok Vemuri is iGate's new President and CEO, succeeding deposed CEO Phaneesh Murthy. iGate, the outsourcing firm from India, had recently appointed Ashok Vemuri as its President and CEO effective on September 16.
Various reports cited sources who said that Former Deutsche Bank AG Chief Executive Officer Josef Ackermann would be stepping down from his post in Siemens AG as deputy chairman of the supervisory board.
Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.
Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.
In what was termed as ongoing succession planning, Agribusiness Cargill's CEO Gregory Page would be stepping down by December 1, 2013.
Daily Beast editor-in-chief Tina Brown announced that she would step down from her post and exit the company for a new venture.
Pandora Media announced that it has hired a new executive on board the company to help boost the company's ad sales and profit.
Sydney Leathers showed up in the party of Anthony Weiner and delayed his concession speech by more than half an hour.
Bill de Blasio topped the first round of Democratic voting for the mayoralty polls in New York. Public Advocate Bill de Blasio topped the Democratic vote in the primary elections in New York.