INVESTMENT

In a statement on Sunday, Buzzmedia, the digital-media company that purchased Spin earlier this month, said the bi-monthly magazine "will change" after the September/October issue. The company will not publish a November/December issue as originally planned, and it is not clear when production will resume.

Search engine optimization is often discussed as some sort of sneaky journalism practice, but X5 Music Group is proving that a trick or two comes in handy with music sales as well.

Pfizer Inc. (NYSE: PFE), the world's largest drug developer by revenue, is expected to report a decline in second-quarter profits on declining sales of its top-selling cholesterol drug Lipitor and generic competition for its glaucoma pill Zalatan.

Grid failure left more than 300 million people without power in New Delhi and much of northern India for hours on Monday in the worst blackout for more than a decade, highlighting chronic infrastructure woes holding back Asia's third-largest economy.

“The country is facing a huge supply shortfall this summer."

Japan’s industrial output declined in June, which is the third consecutive month showing a fall, indicating that the weakening global demand and the debt burden faced by the euro zone are affecting the country’s economy.

The U.K. Home Office's hard-nosed line on immigration cuts new avenues for job growth and business investments, further jeopardizing an economy that is under the sway of a double-dip recession.

As the sales of recorded music plummets with the rise of media piracy, the artist-fan relationship is getting personal.

Japan’s consumer prices declined in June indicating that the country’s economy continues to be affected by the soft global demand, the worsening crisis in the euro zone and the strengthening yen.

IBTimes presents its weekly roundup of winners and losers in the financial world.

Austrian media reports that the opera will likely have to raise ticket prices.

Cleveland Browns owner Randy Lerner admitted on Friday that he is in negotiations to sell the team to Tennessee businessman Jimmy Haslam after months of speculation.

The U.S. economy grew more slowly in the second quarter than in the first three months of the year as consumers, struggling with a softening jobs market, spent less, the Bureau of Economic Analysis said Friday.

Japan’s retail sales growth slowed down in June as compared to May, indicating that private consumption being affected by the faltering global economic conditions.

India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.

The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.

The top after-market NYSE gainers Wednesday were Terex Corp, Trinity Industries, Skechers U.S.A, Thompson Creek Metals Company and Inphi Corp. The top after-market NYSE losers were Ferro Corp, Ruby Tuesday, Las Vegas Sands, Renren Inc and Newcastle Investment Corp.

Nintendo reported another loss Wednesday, saying its revenue has decreased nearly 10 percent year over year. But upcoming releases including the Wii U and the handheld 3DS XL could jump start the troubled company this fall.

Former Citigroup chief executive Sanford I. Weill, one of the most important players in the deregulatory push of the 1990s that repealed the Glass-Steagall Act and allowed the formation of too big to fail banks, said on CNBC Wednesday morning that the nation's financial supermarkets should be split up by government mandate.

The hits kept coming for Penn State on Tuesday when State Farm, an official sponsor of the football program, announced it would no longer sponsor the team.

Based on a median estimate among analysts polled by Thomson Reuters, ExxonMobil will report earnings of $1.96 a share on revenues of about $115.08 billion -- a decline of 8.3 percent from the year before. The company will post its second-quarter earnings on Thursday at 10 a.m. EDT.