American economist Lawrence Summers said policy makers should focus on growth strategies rather than debate on issues about the budget deficit.
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Eike's Rio de Janeiro had highs and lows with the billionaire
At his financial mightiest, Eike bankrolled social services in Rio de Janeiro. Investors that entrusted their money to Eike Bautista have lost most of their funds amounting to bilions as his business empire imploded.
Pope Francis sits down with ECB head Mario Draghi
Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.
Caesars removes Ganesvoort Hotel from future project
Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.
Madoff sons vindicated
Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.
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Lia Forcina, Alidod Shirinbekov and John Levavasseur left SAC UK for greener pastures. SAC Capital Advisors LP's Lia Forcina had managed over USD700 million during her stint in the firm.
The CEO of India's largest commodities bourse quit his job as CEO. Last Saturday, the Multi Commodity Exchange of India Ltd had announced its Managing Director and CEO Shreekant Javalgekar had formally submitted his resignation from the company.
US retailer Walmart fired and then gave an employee his job back after he helped woman who was assaulted in a company store parking lot.
Named 'The Cartel', US regulators are reviewing how these individuals comprising the group may have influenced or attempted to manipulate the market.
Alex Avilam, the catcher of the Detroit Tigers, had to leave the game against the Red Sox because of a sprained left knee.
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
Twitter Inc hired former Google advertising executive J.J. Hirschle to head its retail advertising sales team days after Apple Inc announced hiring a retail division chief.
Ahead of its IPO, Twitter hired JJ Hirschle, a former Google advertising executive as the company aimed to expand its businesses and strengthened its workforce.
