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Social media platform Twitter hired Nathan Hubbard as its new commerce chief. Twitter Inc. had hired Nathan Hubbard who was also the former president of Ticketmaster.

Telecom Italia announced the appointment of Mario Di Loreto who previously worked at Barilla Holding SpA's.

Accor, the world's larges hotel operator had appointed Sebastian Bazin as its new chairman and CEO.

CEO Steve Ballmer had announced resignation from Microsoft leaving the company with no apparent heir.

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Eminem signals his return to the music scene through the release of his new album 'MMLP2'.

Tracy McGrady hangs up his sneakers after 16 years in the NBA. In a message made at ESPN's First Take, Tracy McGrady announced, "It's been 16 years playing the game I love.

Venus and Serena Williams led wins in the first day of the US Open, reminiscent of their success in previous years.

Syrian Deputy Foreign Minister Faisal Mikdad had said that world peace and security will be disrupted if US and its allies proceed with their action in response to the August 21 chemical attack.

Buzzfeed, and even new outfits Fox News and MSNBC used a wrong reaction photo of the Smith family on Miley Cyrus' recent MTV Video Music Awards performance.

Pershing Square Capital Management LP's CEO Bill Ackman had agreed with JC Penny Co. on the sale of his entire stake in the company.

Uralkali CEO Vladislav Baumgertner was held in custody after holding potash discussions in Belarus. OAO Uralkali Chief Executive Officer Vladislav Baumgertner was detained in Belarus.

Muriel Siebert, the first woman to ever take a seat on the NYSE, succumbed to cancer complications and died at the age of 80.

Acquia Inc. hired a new chief financial officer before it would start discussions with banks for an IPO.

SAC Capital founder Steven Cohen ended charges of insider trading with a USD616 million settlement deal.