Wal-Mart has hired a new Chief executive for the supervision of his under pressure U.S stores. Greg Foran, current CEO of Wal-Mart China will take the responsibilities in place of Bill Simon.
Time Warner, which owns cable channels HBO, CNN, TNT, Cartoon Network and Hollywood's largest movie and TV studio Warner Bros.
The primary U.S. stock composites closed on a sour note to end the week as all three finished the session in the red. The Dow and the Nasdaq closed in negative territory for another consecutive session.
This week's notable deaths included the Bear Stearns Cos. chief executive who transformed a small bond shop into the fifth-largest U.S.
Market Basket protesters issued a statement to Boston.com Saturday morning, making it clear they intend to continue their actions moving forward.