The country's largest Italian ice franchise appoints Michael Lorelli as the new executive chairman of the board.
People
Nicola Horlick gets busy again with new venture
Nicola Horlick stated that she has launched a new venture, Glentham Capital, and intends to raise up to GBP150,000.
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
Arthur Samberg and Mario Gabelli donates US$40 million to the Columbia Business School
Arthur Samberg and Mario Gabelli revealed that they have donated a total of US$40 million to the Columbia Business School for its new business school campus.
MVC Capital's board appoints Scott Schuenke as CFO
MVC Capital revealed that it had appointed Scott J. Schuenke as chief financial officer replacing Peter Seidenberg.
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Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.
The supervisory board at Siemens AG asked to oust its current CEO after failing to meet the 12% profit margin goal of the company.
Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
According to an interview with game creator Lorne Lanning, Nintendo would last 100 years unlike Zynga or Microsoft.
Mark Zuckerberg, co-founder and CEO of Facebook said that he plans to earn from Instagram through advertisements.
Acer's president told Austria's Format magazine that the company would recover and make profit again.
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
The founder and CEO of Facebook said that ads would not make the user experience any less even if the company allot more space for ads.
Fabrice Tourre, former Goldman Sachs junior executive, contested the charges against him when he took the stand on Wednesday.
