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Yahoo's Top Lawyer, Michael Callahan, Now at Auction.com

Yahoo's top lawyer, Michael Callahan, was now at Auction.com. Michael Callahan, Yahoo's top lawyer since 1999, now works at Auction. com as its Executive Vice President and Chief Legal Officer.


China’s New Sovereign Fund Chief Faces Pressure to Boost Returns

Ding Xuedong was appointed the new chief of the sovereign wealth fund of China and faced pressure to boost returns for the country.

Target Stores’ Founding President Dies at 88

Douglas J. Dayton, founding president of Target stores died at age 88 after his battle with cancer said wife, Wendy Dayton.

Cohen To Remain Under Investigation

According to a person familiar with the matter, Steven Cohen would remain under investigation even after prosecutors missed a late July deadline for charges labeled as the largest insider trading in history.


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Pakistan's prime minister Nawaz Sharif told Chinese investors to invest in the country's energy sector.
Lululemon was sued for fraud over sheer yoga pants and its CEO sudden resigned. The CEO of Lululemon Athletica Inc. suddenly decided to resign from her position.
According to a new accounting rule, pensions were in bad shape. According to a new accounting rule that would take effect next year, US pensions were only 60% funded in 2012.
Friday last, China announced that it would cut off credit to force consolidation in industries. Last Friday, China announced that it would cut off credit to force consolidation in industries.
European Central Bank executive Benoit Coeure said that there is a risk that the euro zone might experience delay recovery in a few quarters on Friday.
Comcast Houston forecast soaring ratings from Dwight Howard's move to the Houston Rockets Los Angeles Laker Center's Dwight Howard's decision to move for the Houston Rockets signifies a victory for Comcast Corp against Time Warner Cable Inc.
The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
Dell and Silver Lake proclaimed that they would not budge from their original offer price of $13.65 a share offer because this figure is already fair and reasonable.
Dennis Wilson, the Chairman of Lululemon Athletic is planning to offer 3.4 million shares of the company, reducing his control over the yogawear retailer by 3% as a result.
Bell Media acquired Astral and appointed new top executives. Bell Media officially acquired Astral Media Inc. for Can$3. 2 billion. The acquisition included two over-the-air TV stations, 77 radio stations, eight pay and specialty TV services, and last but not least, the Astral's out-of-home division.