Roth exits from JC Penney board

Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.


Rosneft continues business in Belarus despite diplomatic row

Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.

Credit Suisse would sell off its German unit

Credit Suisse AG is to sell of its German subsidiary according to a German paper. In a report from German weekly WirtschaftsWoche, Credit Suisse is intending to sell the private client's business of its German subsidiary Credit Suisse Deutschland AG.

European Union levy still not final despite legal opinion

Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.


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Many celebrities posted on Twitter to commemorate Tupac Shakur's 17th death anniversary, said Hollywood Life report.
The Apple iPhone 5C and 5S with its new technology stands to create more business for eBay, Discovery and Intuit.
Boxing enthusiasts gave their predictions for the much-anticipated fight between Floyd Mayweather and Saul Alvarez.
A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.
As more people use smartphones as their go-to cameras, Apple Inc's iPhone 5S would reportedly delight camera phone users with its improved specifications.
The use of the JOBS Act for the Twitter IPO a concern for investors. The main question would be, how much is Twitter really worth? The microblogging site has over 200 million active users and has been instrumental in the Arab Spring protests two years ago.
Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.
Italian Banca Monte dei Paschi di Siena has raised its capital for the bank's revised bailout plan to EUR2.5 billion or USD3.3 billion.
According to Thomas Jordan, Swiss National Bank Chairman, said there is a lot that needs to be done before banks can avoid harming the general economy.
India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.