Janet Yellen's nomination for the role of chief of US Federal Reserve would add her to the list of women who shape the US economy primarily dominated by men.
Sectors
New Chesapeake chief reduces perks, assets of ousted co-founder
Chesapeake Energy Corp chief executive officer Doug Lawler had started trimming company's assets and expenses to shift the company's focus to its core business.
Countries must pay attention to global economic security - report
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
New investments keep Alitalia flights on time
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
Tokyo Electric receives reprieve from debt through roll overs
Tokyo Electric's debtors allow debt roll over for the stricken power utility firm. Twenty eight financial institutions, including Sumitomo Mitsui Banking Corp have agreed to roll nearly a JPY77 billion or USD783 million syndicated loan for Tokyo Electric Power Co due to become mature by month's end.
Latest News
Facebook Inc's investors including the social media company director Peter Thiel were not confident about the company's performance post-IPO.
Hulu is set to name Mike Hopkins as its new CEO to replace Andy Forssell, who took over from Jason Kilar.
Bank of Canada Governor Stephen Poloz expressed disappointment as to the country's economic performance despite signs of regained momentum.
Differing opinions met the new guidelines on Indian mergers and acquisitions in the telecommunications industry.
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
US Federal Reserve Chairman nominee Janet Yellen saw no problem in tackling both issues in US unemployment and monetary policies.
Google Inc's planned user endorsement ads could be opt out by its customers in a few simple steps.
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
