Time Warner Inc. (TWX) is looking to accelerate growth at HBO by expanding access to broadband customers who don't subscribe to a traditional cable-TV package, according to people with knowledge of the plan.
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.
A gauge of the dollar advanced the most in four months as reports showed signs of improvement in the U.S. labor market before the Federal Reserve meets debate the pace of interest-rate increases.