Comcast in talks to acquire NBC Universal!
Market sources say that Comcast is in talks with GE to acquire their NBC Universal unit.
NBC Universal is made up of several properties including: NBC broadcast network, Universal movie studio, and a couple of television channels.
Comcast has denied these market reports. Sources however claim that the [...]

Tim Morse is the new CFO of Yahoo
US based internet media giant Yahoo has announced the appointment of Tim Morse as their new Chief Financial Officer.
He comes to Yahoo from chip maker Altera.
He is taking over the job profile left vacated by Blake Jorgensen.
Blake Jorgensen had left Yahoo after the appointment of Carol Bartz as [...]

GE Capital cutting jobs to save $2 billion this year
General Electric has revealed that its GE Capital unit is in the process of cutting jobs to save around USD 2 billion a year.
The company however did not reveal the magnitude of this job cut.
Market rumors claim that the company is cutting as many [...]

Brian Gladden to become the new CFO at Dell
US based personal computer maker Dell has announced that they are naming Brian Gladden to the CFO position in the company.
He would be replacing Don Carty.
Gladden has been the CEO of SABIC Innovative Plastics Holding in the past. He has worked at General Electric Company for almost [...]

Wal-Mart Stores: No. 1 on Fortune 500 US list
US based retailing industry giant Wal-Mart has retained the number one spot in the USA Fortune 500 list.
The company posted revenues of 378.8 billion dollars last year which was up 7.9 percent compared to the previous year.
Second spot was taken by ExxonMobil which posted revenues of USD [...]