American Express reported a 13 percent increase in its fourth-quarter revenues due to an increase in consumer spending.
AIG CEO Bob Benmosche will remain in the position for at least another year, despite undergoing cancer treatment.
Miuccia Prada held her first catwalk show outside Europe on Saturday evening in Beijing.
Economists predict that the home building industry will pick up by 2014 with foreclosure homes expected to be repossessed beginning this year.
Effective April 4, Larry Page will become Google’s CEO, taking over Eric Schmidt’s spot. Schmidt will remain as executive chairman.
Investment firm Goldman Sachs revealed Sunday that it would exclude US investors from private placement of shares due to intense media coverage.
Despite the global financial crisis and economic recession, world tourism last year has grown 7 percent, with emerging economies in Asia as the leaders.
Starbucks Corp. is planning to debut its biggest drink size, the “Trenta,” in coffee shops in the U.S. soon.
Asian countries Singapore and Hong Kong have been ranked as the freest economies of the world. The country ranked dead last is North Korea.
China’s Vice Premier Li Keqiang has said that China is willing to buy around 6 billion euros ($7.9 billion) of Spain’s public debt.
