Former IBM Managing Director Michael Dobak has been elevated to CEO by Ogilvy & Mather. Ogilvy & Mather (O&M), one the leading marketing communications companies in the globe, announced 44-year-old Michael Dobak as CEO of California-based Ogilvy & Mather West.
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William Sonneborn has resigned from his posts at KKR
KKR announced that equity investment and corporate credit head William Sonneborn has resigned and will be succeeded by Craig Farr.
Marketing of Facebook may win long-term loyalty of users
Facebook's understanding of the needs of each market was expected to boost its revenue and attain 1.1 billion users.
Anthony Weiner aka Carlos Danger faces sexting outrage
The former Congressman of New York who recently announced that he would run for New York City mayor faces allegations of sending inappropriate messages to a young woman.
One Direction expects to rake in more money with 'Best Song Ever'
The British-Irish boy band that was formed in X Factor Britain released the lead track for its new album and already racked up around 9.3 million views on YouTube.
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Colonial Savings puts a financial services veteran as new DFW Commercial Bank President. Colonial Savings has named veteran financial services professional Brent Davis as the new DFW Commercial Bank President.
Snow leopards are being threatened by global cashmere demand. In the last two decades, the demand for cashmere almost tripled. UK was one of the top importer of cashmere, which was a multi-million dollar industry.
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
The Help to Buy scheme of George Osborne risked creating a new housing bubble. The Help to Buy scheme was George Osborne's latest attempt at kickstarting the economy.
Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million. Nate Robinson will be signing a two-year contract with the Denver Nuggets. Robinson agreed to the deal Monday, according to a person knowledgeable about the negotiations.
Ryan Braun's suspension will cost him US$3 million and make him miss the final 65 games. Ryan Braun recently went through a season plagued with injury.
US President Barack Obama congratulated the royal family of Britain after Kate Middleton's successful delivery of the third in line to the British throne.
PayPal's mistake made a resident from Pennsylvania the richest person alive for a few hours with exactly US$92,233,720,368,547,800.
The online payment service, PayPal, erroneously credited Chris Reynolds with US$92 quadrillion. PayPal, an online payment broker, disclosed that it mistakenly credited a man with US$92 quadrillion.
