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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.

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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.

The founder and CEO of Facebook said that ads would not make the user experience any less even if the company allot more space for ads.

Fabrice Tourre, former Goldman Sachs junior executive, contested the charges against him when he took the stand on Wednesday.

Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.

SAC Capital Advisors' CEO Steven A. Cohen's lawyers will contend he does not have time to look into each of his employees activities to argue his lack of liability over a civil complaint.

Facebook's CEO Mark Zuckerberg increased his net worth after the company's stocks jumped yesterday.

President Francois Hollande to face challenges in reform programs for France's pension system. French President Francois Hollande may manage a lightweight reform regarding the country's indebted pension system.

According to analysts, the reorganization in Microsoft would help it bounce back due to the change in its attitude towards competition.

The Alfonso Soriano trade will bring salary relief to the Cubs and is also part of the team's asset management plan.