United States
Los Angeles files lawsuit against Time Warner Cable Inc, claims cable firm owes it $9.7M in fees
The City of Los Angeles sued Time Warner Cable Inc for its failure to pay franchise fees amounting to nearly $10 million in the past, the Los Angeles Times reported.
Pimco CEO Douglas Hodge says El-Erian's resignation a "big surprise"
Douglas Hodge, the Chief Executive Officer of Pimco, told German newspaper that the abrupt decision of Mohamed El-Erian to leave the firm surprised everyone, Reuters reported.
Amazon to hire hundreds of workers for new fulfillment center in Washington
American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.
Sina Weibo files for US IPO to raise as much as $500M
Sina Weibo, the China-based microblogging and social media site, has filed its IPO prospectus with the US Securities and Exchange Commission to raise as much as $500 million in its planned US debut, TechCrunch reported.