Summer Street Capital revealed that it had appointed Amy Standing as the firm's chief financial officer as current CFO, Ron Fleissner, retires.
People
Carl Icahn disputes Michael Dell's latest offer
Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc. On Monday, billionaire investor Carl Icahn and Southeastern Asset Management, an investment firm, stated that Michael Dell wanted to avoid the voting process behind the deal.
Amazon announces 7,000 new jobs before President Obama's visit
Amazon announced that it would add 7,000 new jobs in its warehouses before the US president Barack Obama's visit.
Nicola Horlick gets busy again with new venture
Nicola Horlick stated that she has launched a new venture, Glentham Capital, and intends to raise up to GBP150,000.
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
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Private equity investment firm Encore Consumer Capital welcomes Daniel Gross back as new vice president.
The country's largest Italian ice franchise appoints Michael Lorelli as the new executive chairman of the board.
Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.
The supervisory board at Siemens AG asked to oust its current CEO after failing to meet the 12% profit margin goal of the company.
Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
According to an interview with game creator Lorne Lanning, Nintendo would last 100 years unlike Zynga or Microsoft.
Mark Zuckerberg, co-founder and CEO of Facebook said that he plans to earn from Instagram through advertisements.
Acer's president told Austria's Format magazine that the company would recover and make profit again.
President Barack Obama remains undecided on Federal Reserve chairman pick and will most likely extend consideration of the matter until the fall.
