Nikkei, a Japanese newspaper, reported last Friday that US President Barack Obama was close to picking ex-Treasury Secretary Lawrence Summers as the new head of the Federal Reserve Board.

A three day summit was reported to attract a lot of investors into India's renewable energy market.

Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.

Khloe Kardashian was said to hope for a wedding anniversary miracle from Lamar Odom who had allegedly facing drug issues.

After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.

According to two surveys conducted by Gallup Inc, Americans had been struggling to recover financially even after the US recession was finally announced to have officially ended.

NASCAR placed Penske Racing on probation after cutting deal allegations with Front Row Motorsports was said to have transpired allowing Joey Logano pivotal track position.

Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.

181,000 gallons of asphalt that belonged to Goldman Sachs was burned after an explosion occurred at Elk Grove refinery.

Steven Roth resigned from JC Penney's board after his firm Vornado Realty Trust announced selling its 6.1% stake in the retailer, said a Bloomberg report.

Golden Boy Promotions CEO Richard Schaefer said the fight between Mayweather and Alvarez today would be breaking pay-per-view (PPV) records at over 2 million buys.

Many celebrities posted on Twitter to commemorate Tupac Shakur's 17th death anniversary, said Hollywood Life report.

Boxing enthusiasts gave their predictions for the much-anticipated fight between Floyd Mayweather and Saul Alvarez.

A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.

Piggy Wiggly Carolina Co said it would sell 29 stores located in South Carolina and Georgia. Piggly Wiggly Carolina Co announced that it would be selling 29 of its stores.

India would be inaugurating is its insurance repositories on September 16. India's Insurance Regulatory and Development Authority's insurance repositories would be inaugurated on September 16.

A report from a Chinese newspaper revealed that Samsung would be investing USD 500 million for a plant in China.

Sources told Reuters that Grohe got final offers for Geberit, Lixil and Duratex. Sources told Reuters that bathroom equipment manufacturer Grohe received bids from three of its peers.

A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.

US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.

The search for the new head of Microsoft would be a closely-watched development in the technology industry.

In her Reuters column, Allison Schrager asked a question that had continued to remain unanswered: How should people actually spend their retirement money?

A Reuters analysis report revealed that Brazil could fail its primary surplus target for 2014 which could downgrade its credit rating.

Lawyers of the European Union said the proposed transaction tax plan was illegal. European Union lawyers said the transaction tax plan proposed by eleven European member states was illegal.

The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.

US authorities want to seize real estate properties in New York that were used to launder money from Russia.

Former PNC Financial Services Group Chairman and CEO Jim Rohr had left the company to join General Electric Co. and was succeeded by Bill Demchak.

A lawyer for a JP Morgan Chase & Co. ex-employee argued with US prosecutors that his client was just following orders from his superiors in indicating prices for the "London Whale" deal.

ViroPharma had attracted interested suitors including Sanofi and Shire Plc. as it started working with Goldman Sachs Group for a possible sale.

Today, Molex Incorporated announced the completed purchase of FCT Electronics Group. Molex Incorporated was established in 1938 and operates as a global components company.