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.

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.

Agios Pharmaceuticals, Inc released the details of the company's previously announced IPO. Agios Pharmaceuticals, Inc. announced the pricing of their initial public offering of 5,888,888 shares of common stock.

The project of social networking giant, Facebook for every phone, was expected to give a huge boost to the company after gaining 100 million users each month.

Weyerhaeuser Company announced that the company has completed the acquisition requirements for Longview Timber LLC.

Award-winning actress, fashion designer and singer Amanda Bynes was hospitalized after meeting the criteria for 5150 psychiatric hold.

Hall revealed that it had sealed its funding round, collecting around US$5.5 million from capital venture funds.

AMRC revealed to the public the pricing of their previously announced IPO. American Realty Capital Properties, Inc. announced the pricing of their underwritten public offering for US$300 million Convertible Senior Notes which are due 2018.

SEB Venture Capital stated that it had invested in Donya Labs AB. SEB Venture Capital revealed that it had invested in Donya Labs AB, an international player in the optimization of 3D graphics for video games.

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.

Flagstar Bancorp Inc gains USD 44 million in second quarter 2013 Flagstar Bancorp, Inc. , Flagstar Bank's holding company, announced its second quarter net income for 2013 of USD 65.

LiveMinutes announced that it had received up to US$1.4 million from investors that include Great Oaks Venture Capital, New World Ventures, Ali Rosenthal, and Sam Yagan.

Wheelock Street Capital announced that they have acquired a six hotel portfolio located in Ohio and in Texas, Tennessee from Lingate Hospitality Group.

Time Warner Cable and CBS have yet to reach a conclusion regarding the re-transmission of CBS programming.

TPG admited that its recent purchase, Assisted Living Concepts Inc., will need a lot of work for it to succeed.

Solis Capital announced that it had sold a majority stake in Tigers to GeoPost S.A. Solis Capital Partners LLC, a Newport Beach-based private equity group, revealed that it had sold its majority interest in Tigers Ltd to GeoPost S.

Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.

KKR revealed that it has secured an average combined interest rate of 4.8% for the funds to be used in the acquisition of Gardner Denver Inc.

Travelers Cos. reported its biggest decline since 2008 in most recent quarterly report. Insurance company Travelers Cos. (TRV) announced the largest quarterly decline in five years during the reporting of its second-quarter results.

Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.

Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.

PricewaterhouseCoopers reported that Florida received around US$156 million across 14 venture capital deals in the second quarter.

TwinFocus stated that it had established a Private Equity unit and brought in Orlando Mendoza to lead the newly formed unit.

Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.

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.

Summerhill joins several investors in bringing up C2FO's total to USD 18 million, Canada-based Summerhil; Venture Partners has joined investment firm Mithril in raising C2FO growth funding to a total of USD 18 million.

Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.

Richman Group closed a total of USD 291 million of tax credit funds. Richman Group Affordable Housing Corp, a top equity fund sponsor for housing, closed a USD 166 million fund that includes a portfolio of properties scattered in 18 states and USD 125 million fund in New York, bringing up the total to USD 291 million.

Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.

NatureBox Inc received USD 8.5 billion from investors Softbank Capital and General Catalyst Partners.