John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.

An class action suit on employee discrimination filed against Wal-Mart was dismissed by a federal court judge.

Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.

The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.

Seair announced today that Jim Laird is its newest chief financial officer. Proprietary technology and gas diffusing equipment developer Seair Incorporated announced today that it named Jim Laird as its latest chief financial officer.

H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.

The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.

Facebook believed that advertisement price US$2.5 million per day was reasonable considering the potential of 1 billion users watching the 15-second long video ad.

The stocks of LinkedIn surged up to 10% today even with trailing revenue projections. Today, LinkedIn stocks rose up to 10% after the company reported its second quarter earnings.

In the company's latest shareholders meeteing, new officers were elected and new provisions were approved.