MANAGEMENT

The whistleblower in Japan's Olympus Corp scandal, former chief executive Michael Woodford, plans to meet ruling-party lawmakers in Tokyo this week as he lobbies for reforms to Japanese boardrooms, a source said on Monday.

Olympus said it was preparing to file its July-September earnings by Wednesday, a necessary step for the disgraced 92-year-old firm to remain listed.

After a resubmitted deal for Chris Paul fell through on Saturday night, the Los Angeles Lakers decided to trade forward Lamar Odom to the Dallas Mavericks in what amounts to be largely a salary dump.

On top of euro-zone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region seems more likely.

About 7 million Americans get jobless benefits under seven different state and federal programs. Around one-quarter of them will fall off the rolls in January unless the U.S. Congress renews an extended-benefits program that expires at the end of the year.

An agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the Eurozone's debt crisis, International Monetary Fund Economic Counsellor Olivier Blanchard said Sunday.

YouTube has acquired RightsFlow, a New York company, to manage its music licensing, according to a blog post on the Web site.

In a shocking turn of events, the New York Knicks are actually making what appears to be a very smart basketball decision.

Gov. Cuomo's $690 million tax cut for New Yorkers could be a Trojan Horse, if tax receipts don't keep up with projected 2012 spending.

During the Federation Internationale de l'Automobile (FIA) gala night held in Gurgaon on the outskirts of New Delhi in India on Friday, Sebastian Vettel received the Formula One world champion's trophy.

As a former MF Global Holdings Ltd. CEO prepared to testify last week before a U.S. congressional committee about missing customer money, one independent broker attempted to restore customer confidence in the futures market by publishing exactly where it is holding its clients' collateral.

On top of Eurozone debt troubles, Wall Street now has to worry about sagging sales from Europe as a recession in the region appears more likely than it has previously.

The Army announced on Thursday that it will be moving forward with the plans announced in July, to reduce the civilian workforce by approximately 8,700 positions by Sept. 30, 2012.

The largest United States chemical maker DuPont lowered its full-year profit outlook on Friday, a troubling sign for the rest of the chemical market. The company cited slower growth in certain segments because of an unstable global economy as the reasons for the shift.

The latest NBA rumor is that star Orlando Magic center/forward Dwight Howard would like to be traded to the New Jersey Nets.

European stocks were up around mid-day on Friday in a roller coaster session, with a key index bouncing between major technical levels following an agreement by European leaders for tighter Eurozone budget rules.

Southeast Asian stock markets fell on Friday on growing doubts that European leaders will be able to forge a credible scheme to contain the euro zone's debt crisis at a summit in Brussels.

Panasonic Corp, which has warned it will post a $5.5 billion annual loss, will launch a smartphone in Europe next year, the latest Japanese maker to tiptoe late into a fiercely competitive market dominated by Samsung and Apple.

Luxury goods conglomerate, LVMH is believed to be planning for a £300 million investment on three stores on one of the most expensive shopping areas in London.

MIPS Technologies Inc. has announced NOVO7, the world's first tablet with the Ice Cream Sandwich version of Android.

Relativity Chief Operating Officer Brian Edwards is the latest top executive to leave the fledgling studio headed by Ryan Kavanaugh, a company spokesperson confirmed to TheWrap.