AOL CEO Tim Armstrong apologized through a memo sent to the company's personnel. Tim Armstrong, Chief Executive Officer of multinational mass media company AOL Inc.
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Harris and Blitzer buy New Jersey Devils
David Blitzer and Joshua Harris just purchased the New Jersey Devils hockey team. David Blitzer, Senior Managing Director of Blackstone Group and Joshua Harris, co-Founder of Apollo Global Management just bought the New Jersey Devils hockey team from former Lehman Brothers executive, Jeffrey Vanderbeek's ownership controlled group.
Apple masks deception in market - Kotok
Cumberland Advisors' David Kotok isn't convinced about Apple's rally in share price yet.
Berkshire invests in Suncor, Dish, not newspapers - SEC filing
Warren Buffett's Berkshire Hathaway invested in performing businesses and stocks, but shied away from newspapers in its latest SEC quarter filing.
Bruce Willis' Sky broadband commercial gets banned in UK
'Die Hard' star Bruce Willis' television commercial was banned from Britain's airwaves for being misleading.
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Goode Partners' backed restaurant group Rosa Mexicano appointed Tom Dillon as its new President and CEO.
George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
Flixel Photos Inc raised USD 770,000 in its most recent financing round. Software developer Flixel Photos Inc closed its financing round with USD 770,000.
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.
American Capital Energy & Infrastructure appointed Abhay Pande as its new Managing Director to help the firm build its Asian platform.
Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
