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Rowling approves Harry Potter character film series spin off, will be its screenwriter

Warner Bros announced today that it would be releasing a film series based on Harry Potter character Newt Scamander and will have its creator and author JK Rowling as the film's screenwriter.


Katie Couric announces engagement to banker John Molner

Katie Couric revealed her engagement to investment banker John Molner. TV personality Katie Couric announced her engagement to banker John Molner. The 56-year old journalist gave the confirmation to People Magazine for their September 16 issue.

McDonald’s offers to buy out Indian partner

McDonald's made a buyout offer to Vikram Bakshi as the giant fast food chain planned to effectively settle dispute between the two sides.

Newsweek’s new owner names editor-in-chief

IBT Media appointed the new editor-in-chief after acquiring Newsweek from IAC/InteractiveCorp last month.


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Harvard-born startup HourlyNerd would announce on Thursday that it had received USD750,000 in its seed funding round, the most significant investment coming from ABC's venture capital reality show "Shark Tank" star and billionaire Marc Cuban.
Swiss Re hires Christopher Minter to head the reinsurer's acquisitions and principal investments business.
Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.
Ashok Vemuri is iGate's new President and CEO, succeeding deposed CEO Phaneesh Murthy. iGate, the outsourcing firm from India, had recently appointed Ashok Vemuri as its President and CEO effective on September 16.
Various reports cited sources who said that Former Deutsche Bank AG Chief Executive Officer Josef Ackermann would be stepping down from his post in Siemens AG as deputy chairman of the supervisory board.
Former ESPN President and former Microsoft CEO are amongst the new appointees to the SiriusXM board of directors.
Marcato Capital Management's hedge fund manager Mick McGuire had been thinking about how auction house Sotheby's could benefit shareholders in his company.
In what was termed as ongoing succession planning, Agribusiness Cargill's CEO Gregory Page would be stepping down by December 1, 2013.
Daily Beast editor-in-chief Tina Brown announced that she would step down from her post and exit the company for a new venture.
Pandora Media announced that it has hired a new executive on board the company to help boost the company's ad sales and profit.
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