HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank. HSBC had reported lower than expected earnings last Monday.
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The beauty industry would continue to grow
With the purchase of Colomer by Revlon, the growth of the beauty products industry would continue to grow.
Jeff Bezos purchases the Washington Post
The purchase of the Washington Post by Jeff Bezos surprised many in the industry. In a surprise move, the Washington Post Co had entered into an agreement last Monday to sell its flagship newspaper to Jeffrey Bezos of Amazon.
Running for mayor is very expensive
The cost of a mayoralty campaign now is not just about the person but also about actual funds. Disgraced New York mayoralty candidate Anthony Weiner's troubles not only continue to haunt him, but is actually taking a new life of its own.
MLB suspends Alex Rodriguez and 12 others
The MLB has meted out suspensions against players that were connected to the Biogenesis clinic, who has been found to have peddled performance enhancing drugs.
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Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.
IBT Media ends weeks of speculation as it acquired Newsweek under undisclosed financial terms. In an announcement, IBT Media confirmed that it had reached a deal that acquires Newsweek from IAC/InterActiveCorp.
Samsung lost US$1 billion in market value after the US President Barack Obama vetoed the import ban on Apple's products.
TJ Maxx and its rival Off Fifth planned to launch an online store this year that was expected to boost the sales of the business.
South Korea expressed its concerns regarding the Obama administration’s decision to overrule a sales ban of Apple’s iPhone 4 and iPad 2.
According to research firm Canalys, the shipments for Android-based tablets exceeded the consignments for iPads from Apple Inc in the second quarter.
Analysts said that if Nintendo's sales continue to drop, it would need to consider putting its games in app stores.
The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
The price cut in Microsoft's Surface Pro tablet would apply in several countries, but not in the UK.
