Fox Network's executives were worried about a week long ratings disaster for Sleepy Hollow TV series after a disastrous 2012-2013 season.

Blackstone Group LP decided to sell its shares in hotel chains following the increased sales of hotel properties in the US this year.

Nvidia Corp.announced naming Colette Kress as its new chief financial officer after David White vacated the post last March 2011.

Engineering officials said MS Costa Concordia was successfully freed from rocks after it was aground 20 months ago.

After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.

In a USD12.55 per share purchase, Boise Inc would serve to increase the capacity of the Packaging Corp of America.

Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million. Deerfield operates as a leading investment management firm.

RiverPark Advisors launch a new open-ended mutual fund which was a conversion of hedge fund Wavecrest Partners Fund I launched on September 2008.

Upworthy, the video social media site, had received USD8 million for its Series A funding round. Eighteen months since its launch, social media site Upworthy announced the receipt of USD8 million as equity investment for the company, The investors were led by Spark Capital, Cantamount Ventures, Uprising and the Knight Foundation.

For an undisclosed amount, Vance Street Capital purchases Lark Engineering to complement an earlier acquisition.