Heads continued to roll in the News of the World phone hacking scandal as Rupert Murdoch's top executive and Dow Jones CEO Les Hinton became the latest high-profile personality to resign from his post. Hinton was the chief executive of Dow Jones, publisher of the Wall Street Journal. Rebekah Brooks, chief executive of the media group's UK newspaper arm News International had quit on Friday.
After agreeing to sell 30 per cent stake in the 23 blocks in India to BP, Mukesh Ambani is reportedly looking for buyers for its gas transportation and marketing company.
The Wall Street Journal has reported the civil probe, which has the potential to reshape how companies compete on the Internet, is the most serious legal threat yet to the 12-year-old company.
Attributing to people familiar with the matter, The Wall Street Journal said AIG is preparing to pay Kelly several million dollars in severance after she resigned over federal pay curbs.
It is alleged that the drug maker used false marketing tactics to persuade the Medicaid officials in the US to give preference to its costlier drug Risperdal and spend millions on it.
Google Inc is close to settling a US criminal investigation into allegations it made money by accepting ads from online pharmacies that break US laws, says a media report.
Rajeev Srinivasan on why consumers must be careful with their powerful mobile devices.
Time Warner Inc's popular business magazine Fortune is planning to publish fewer issues annually and make other changes that could result in job cuts, says a media report.
The proposed agreement is not final, and could fall apart, the report noted.
Attributing to people familiar with the situation, the Wall Street Journal said that some officials at the agency have expressed doubts about the rigour of the report, which was based partly on interviews of Citi executives who were asked to rate the effectiveness of their colleagues.
According to the publication, in July, McGraw-Hill Cos, owner of BusinessWeek, said it was putting the magazine on the block. Since then, McGraw-Hill and its investment bank, Evercore Partners Inc, have had discussions with several parties.
Blankfein will at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam.
Three senior executive of JP Morgan Chase & Co's are expected to leave over the US-based global banking giant's over USD 2 billion loss on derivative trades, says a media report.
The US said that there has been no "significant impact" on its military to military relationship with Pakistan after Islamabad refused to release an American diplomat detained on possible murder charges.
In written responses to questions from The Washington Post and The Wall Street Journal published on Monday, Chinese President Hu Jintao insisted that his country believes in the principle of peaceful co-existence, as he prepared to meet his counterpart Barack Obama at the White House next week.
Entrepreneurs face severe challenges while starting a business as the regulatory framework is burdensome in many nations.
Sahara has paid a 10 per cent down payment for the 105-year-old landmark.
SEC rules require companies with 500 or more shareholders of record in a given type of stock to publicly disclose certain financial information.
The US markets regulator is investigating Mark Hurd's departure from Hewlett-Packard Co as part of a broad inquiry that will also look into claims that the former chief executive leaked inside information on a multi-billion dollar deal, says a media report.
Their recommendations have something to take note by Indian exporters and policy makers.
Reserve Bank of India Governor Duvvuri Subbarao is not interested in carrying on in his present job after his term ends in September next year.
United States President Barack Obama will be in India on November 6 for his longest State visit yet. Apart from our own coverage, we provide you this one-stop blog of what the world media is saying about the visit and its significance
Let's take a look at the price of a Starbucks grande latte in India and around the world.
Infosys Technologies Ltd expects to find acquisition opportunities in the US during the downturn, co-chairman Nandan Nilekani was quoted as saying on Friday. "Acquisitions will definitely be very accessible in this market from a price point of view," Nilekani told the Wall Street Journal in an interview. "If it makes sense, we'll do it."
Pakistan's Inter-Services Intelligence is pushing the Taliban to attack American troops and their allies based in Afghanistan, the media here has said, close on the heels of a White House report that slammed Islamabad for not doing enough to battle terrorists holed up near the Afghanistan-Pakistan border.
Citigroup Inc has defended its $75 million settlement with the Securities and Exchange Commission over under-declaration of its subprime mortgage exposure, setting the stage for a federal judge to decide on whether to approve the deal, according to a media report.
Royal Dutch/Shell Group plans to grow its natural gas business relative to its oil assets and intends to supply gas to the United States, the Wall Street Journal reported on Tuesday.\n\n\n\n
Attributing to Microsoft CEO for greater China, Simon Leung, the Wall Street Journal reported that the company plans to invest $100 million in Chinese companies, on top of the $40-million the software maker has invested since 2006.
Internet giant Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about $18 billion, says a media report.
Attributing to people familiar with the matter, the Wall Street Journal said, "Federal regulators are ready to propose a record penalty of $25 million or more against American Airlines for the maintenance lapses that prompted widespread flight cancellations in the spring of 2008."
An American newspaper columnist has proposed a $100 billion buyout of Pakistan's nuclear arsenals, saying these weapons had become "an inviting target" for Jehadists."
Indian info-tech companies that once specialized in basic work are now providing high-value tasks such as R&D and business transformation services.
Mobile phone maker Nokia Corporation has launched a search to replace current chief executive Olli-Pekka Kallasvuo, who has been struggling to mark a place for the company in high-end smartphone market, says a media report.
US-based banking major Citigroup is likely to slash 900 jobs in its securities and banking division amid financial market turmoil, says a report.
Quoting people familiar with the matter, 'The Wall Street Journal' said: "Executives at Citigroup Inc, faced with a plunging stock price, began weighing the possibility of auctioning off pieces of the financial giant or even selling the company outright."
Under his financial policies, the Wall Street Journal reported, banks seeking government assistance would be forced to lend and to halt foreclosures. Automobile companies would be pushed to change their product lines to more advanced, fuel-efficient vehicles. Billions of federal dollars would promote solar, wind and biomass energy, while dirty coal power could be priced out of business.
Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.
The Wall Street Journal is working towards aligning its India strategy to the practices it follows globally, that is, to increase focus on digital distribution.
Even as their killer drones strike at ranking members of the Al Qaeda linked Haqqani network, United States officials secretly met leaders of the group this summer in a Persian Gulf country, in an effort to draw them into talks on winding down the war.
