A surge in hiring former Wall Street professionals to top positions in sports leagues such as NFL has been seen in recent times, thanks to the fact that sports leagues like the NFL are billion-dollar generating enterprises.
People
Philippine central bank governor Amando Tetangco says policy rate changes not the best response to US taper
According to Central Bank of the Philippines Governor Amando Tetangco, the policy of increasing rates to cope with volatile currencies set in place by fellow emerging markets would be more harmful, the Financial Times reported.
European Competition Commissioner Joaquin Almunia nears end of term with landmark decisions lingering with Google and Gazprom
Joaquin Almunia, the Competition Commissioner of the EU, still has to make a decision on allegations that Google abused its market dominance and the price discrimination claims made of Russia's Gazprom before his term ends, Reuters reported.
Where have Facebook founders gone after a decade of the social media networks creation?
What has happened to the Facebook founders a decade after establishing Facebook? An AFP report shows what Mark Zuckerberg, Chris Hughes, Eduardo Saverin, Dustin Moskovitz and Sean Parker are up to.
Compensation for Blankfein, executives deviate from Wall Street trader pay crunch
Analysts told Bloomberg that the increases in chief executive officers of the top banks in the US usually means that the banks had performed above expectations.
Latest News
Microsoft co-founder Paul Allen's investment in professional football team the Seattle Seahawks, current 2014 NFC Champions in Super Bowl Sunday, appeared to have paid off despite losing over $8 billion initially.
George Jarkesy Jr, a hedge fund manager, has filed a case in a Washington federal court to block a hearing by the US Securities and Exchange Commission which alleged that he defrauded hedge fund investors, Bloomberg reported.
Paypal executive Mike Liberatore leaves firm to become CFO of San Francisco payments startup Clinkle
Mike Liberatore, the former head of Paypal's enterprise and North American financials, left the company to become the new Chief Financial Officer (CFO) of San Francisco, US-based payments startup Clinkle.
Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
General Electric Co Chief Executive Officer Jeffrey Immelt has asked private investors to pour more funds in African nations where government-run services have been strained, Bloomberg reported.
The sale of the art collection of convicted jeweler Ralph O. Esmerian was able to gather $13 million, $10.5 million of which will go to creditors, Bloomberg reported.
Venture capitalist and co-founder of Kleiner Perkins Caufield Byers Tom Perkins says he regretted comparing the rich to the Jewish victims of Nazi Germany in an interview with Emily Chang of Bloomberg West TV, VentureBeat reported.
Ezra Klein, the political writer known for his explainer approach to policy topics, has left The Washington Post to start his own news site with The Verge, TechCrunch reported.
Karl Slym, managing director of India-based automotive firm Tata Motors Ltd, was found dead after falling from the 22nd floor of the Shangri-La hotel in Thailand in what police suspect as a suicide case.
