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DFM has a new chairman

Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim. The ruler of Dubai had appointed Essa Kazim to the position of chairman of the bourse operator Dubai Financial Market.


Icahn reduces stake in Netflix, gains up to USD800 million in profit

Billionaire investor Carl Icahn cashed in part of his ownership stake in video streaming company Netflix Inc.

Icahn credits Kevin Spacey, executives in Netflix stock rise

Kevin Spacey was among the few personalities thanked by billionaire investor Carl Icahn for the performance of video streaming company Netflix Inc on the stock market.

Bill Gates buys 6% stake in FCC

Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.


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Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Reebok North America President Uli Becker would be leaving his post as part of a management shakeup.
President Barack Obama caught a pregnant woman while he was making his speech about the Affordable Care Act in the Rose Garden.
New York Times technology writer David Pogue's resignation confirmed Yahoo Inc's new consumer site venture.
Tana Clymer, a 14-year old girl from Oklahoma, found a 3.85-carat diamond at the Crater of Diamonds State Park.
Lane MacDonald would be heading the private equity investments of the Harvard Management Company. Investment veteran Lane MacDonald was promoted to oversee the private equity investments of Harvard Management Company.
Indianapolis Colts receiver Reggie Wayne injured his knee, forcing him to leave the game Sunday night against the Broncos.
Telekom Austria, Deutsche Telekom and Hutchison Whampoa's Three have cornered the majority of the LTE spectrum in the region.
The gunman in the Drai's After Hours nightclub shooting was identified as Benjamin Frazier. The Las Vegas Metro police disclosed the name of the suspect involved in the Drai's After Hours nightclub shooting early Monday morning.
Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.