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Leonardo DiCaprio purchases Palm Springs estate for $5.23M
Leonardo DiCaprio has bought a Palm Springs estate once owned by singer Dinah Shore and designed by architect Donald Wexler for $5,23 million, the Los Angeles Times reported.
Los Angeles files lawsuit against Time Warner Cable Inc, claims cable firm owes it $9.7M in fees
The City of Los Angeles sued Time Warner Cable Inc for its failure to pay franchise fees amounting to nearly $10 million in the past, the Los Angeles Times reported.
Pimco CEO Douglas Hodge says El-Erian's resignation a "big surprise"
Douglas Hodge, the Chief Executive Officer of Pimco, told German newspaper that the abrupt decision of Mohamed El-Erian to leave the firm surprised everyone, Reuters reported.
India's FTIL to sell commodity handling unit for INR242 crore amid fraud investigations
Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.