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James Murdoch Unanimously Confirmed as BSkyB Chairman

James Murdoch was unanimously confirmed as chairman by BSkyB's (BSY.L) board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting told Reuters.

TCW vs Jeffrey Gundlach trial begins in Los Angeles

Jeffrey Gundlach co-founder and Chief Executive Officer and Chief Investment Officer of DoubleLine
Jeffrey Gundlach tried to steal a business worth hundreds of millions of dollars after he failed to become the head of his former employer, Trust Company of the West, an attorney for TCW said in court on Thursday.
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Wall Street Slides on Earnings, Economy

Wall Street skidded on Wednesday as troubling signs from U.S. corporations and falling demand for long-lasting manufactured goods discouraged investors already nervous about faltering debt talks in Washington.
Amazon

Amazon's Stock Zooms; Analysts Remain Bullish

Amazon's stock is trading near a 52-week high, up more than five percent Wednesday after the company posted strong second quarter earnings and profits. But Amazon will go higher, say some analysts, because the company has a decided competitive advantage.
Stock Markets

Dollar, stocks slide on debt gridlock

The dollar fell broadly on Tuesday as lawmakers remained deadlocked over raising the nation's debt ceiling to avoid a devastating default, while U.S. and European shares also declined.
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Netflix, you?ve got some ?splainin? to do!

When Netflix reports second-quarter earnings late on Monday, financial analysts will look to the company to give not only an update on its financials but also some clarity into its future. With an ambitious plan to expand into 43 Latin American countries and a dramatic change to its pricing plans, Netflix has a lot of big changes expected in the second half of the year.
Two McDonald"s Happy Meal with toy watches fashioned after the characters Donkey and Puss in Boots from the movie "Shrek Forever After"

McDonald's Happy Meals get apples and fewer fries

McDonald's Corp said on Tuesday it will soon tweak its children's Happy Meals, reducing the french fry portion by more than half and automatically adding apples to the popular meals, after coming under pressure from consumer groups to provide healthier fare.
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How to avoid an inheritance battle

We've all read about huge family fortunes squandered in legal battles between siblings after the patriarch or matriarch dies. While most of us wouldn't make national headlines regarding our estate planning matters, the pain and destruction of inheritance feuds can be minimized if not totally avoided.
Petrol

KenolKobil posts 86 pct H1 pretax profit jump

Kenyan fuel marketer KenolKobil posted an 86 percent jump in first-half pretax profit to 3.22 billion shillings on Tuesday, helped by a 38 percent rise in sales and lower distribution costs.

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