Microsoft CEO Steve Ballmer would sit as the second biggest shareholder in Microsoft, after co-founder Bill Gates, after his retirement to follow in the next 12 months.
People
Linda Ronstadt and Parkinson's disease
Linda Ronstadt admitted to AARP Magazine that she is suffering from Parkinson's disease. In an article posted on the online version of AARP Magazine, Linda Ronstadt admitted suffering from Parkinson's disease which lead her to lose her ability sing.
Peter Munk seeks to regain investor confidence
A lot of Barrick Gold Corp investors had been in doubt about the direction the company is headed and the role of CEO Peter Munk who was once seen as a visionary man in the gold sector.
Microsoft searches for hero after Ballmer exit
Microsoft CEO Steven Ballmer announced leaving the company within 12 months which also left the software maker in woes to find a replacement.
Mexico CB governor urges Fed to clarify plans for reduction of bond purchases
Agustin Carstens, Governor of the Mexican central bank, asked the US Federal Reserve to clarify its plans for the reduction of its monthly bond purchases.
Latest News
Rohan Murthy, son of NR Narayana Murthy, was appointed vice president of Infosys, said people who have direct knowledge regarding the development in the company.
Inventor John Levine of Nasdaq's exchanges systems said that the stock markets needed to be designed properly following the system breakdown yesterday which halted trading for three hours.
Christopher Lane, a student on a baseball scholarship in Oklahoma, was shot and killed while jogging by three 'bored' teenagers.
A confirmed managing director at Goldman Sachs was charged with rape and released on bail. A managing director at Goldman Sachs New York was charged with the rape of a 20 year old woman while on vacation at the upscale Hamptons over the week.
Former New England Patriot Aaron Hernandez was indicted for murder and stands to lose over USD39 million of salary and bonuses.
An analyst said that if JPMorgan Chase & Co would have broken up into its four core businesses, it would be 30% more valuable to its shareholders.
Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
Fresh from the film success of "Man of Steel", Warner Bros has been bankrolling a 2015 production of another Superman sequel with Ben Affleck cast as Batman.
