Time Warner, which owns cable channels HBO, CNN, TNT, Cartoon Network and Hollywood's largest movie and TV studio Warner Bros.
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.
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.
Braedyn Greenan, age 6 held a sign during the Market Basket Rally at DeMoulas Warehouse. Photo by Maureen Brady|www.shootingstarspix.