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US Senator McCain: US deadlock halts military death benefits

US Senator John McCain angrily stated that US lawmakers should resolve differences to end the US partial shutdown that caused a halt in military death benefits, according to a Reuters report.


Mexico pushes for US to raise debt ceiling

On Tuesday, Finance Minister Luis Videgaray said that Mexico had urged the United States to reach an agreement to raise the nation's debt limits to avoid a possible default that could ruin the international reputation of the country.

Obama nominates Yellen to become Fed Chair

US President Barack Obama would nominate the Vice Chairwoman of the Federal Reserve to replace outgoing chairman Ben Bernanke whose term ends in January next year.

Chesapeake cuts 10% of job

Under its new CEO Doug Lawler, Chesapeake Energy Corp had cut down around 1200 jobs to reduce company spending and lift profit.


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The shares of Talisman Energy Inc had moved forward following the announcement of Carl Icahn's acquisition of around 61 million shares in the company, said a Reuters report.
Starbuck Corp Chief Executive Officer Howard Schultz had urged fellow business leaders to push US political leaders to end the US partial shutdown, said a Reuters report.
Billionaire Mark Cuban said during a court trial last Monday that the stake he sold from an Internet search firm was long been planned.
Former World Bank President Robert Zoellick would rejoin investment bank Goldmans Sachs Group as chairman for its international advisory board, said a Reuters report.
Xylem appointed H Balasubramaniam as the company's managing director for its India operations. Xylem Inc was born as a spin off from ITT Corp. Xylem is a water technology company and it announced the appointment of General Electric executive H.
Riveron Consulting has hired business development and leadership expert Tony Martorano. Tony Martorano, the business development and leadereship veteran, was recently engaged by Riveron Consulting's Chicago as its new director of business development.
Jack Priestman was appointed as Analyst into Silverfleet Capital. European private equity firm Silverfleet Capital had announced the appointment of Jack Priestman as an Analyst in its London office.
A spokesman for Yury Kovalchuk said the billionaire was thinking of buying a stake in Tele2 Russia and putting some of his shares in Sobinbank for sale.
JC Penney named Jan Hodges as the new head of its struggling home goods section JC Penney Co Inc. had named an insider to be the new head of its struggling home goods section.
Susan Bennett explained the reason why Siri would get snippy at times. Susan Bennett, the woman who claimed to be the voice of the American Siri in Apple Inc's assistant app, told CNN she recorded nonsensical phrases and sentences for ubergeeks, as she called them, in July 2005.
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