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Woody Johnson, New York Jets Owner, Will Be Ambassador To Britain

President-elect Donald J. Trump on Thursday chose Woody Johnson, the owner of the New York Jets football franchise and one…

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Top Film Producer Mike Medavoy Sells Beverly Hills Estate

Phoenix Pictures CEO Mike Medavoy—producer of hit films like “Black Swan” and “Shutter Island"—has sold his Beverly Hills estate for…

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JPMorgan CEO Dimon To Get US$28 Million In 2016 Compensation

J.P. Morgan Chase & Co. Chief Executive James Dimon will receive US$28 million in total compensation for 2016, up 3.7%—or…

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Derek Jeter’s Players’ Tribune Raises Additional US$40 Million

The Players’ Tribune, the digital media venture launched by former New York Yankees captain Derek Jeter, has raised US$40 million…

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Mexico Extradites Drug Kingpin ‘El Chapo’ Guzman To US

Joaquín “El Chapo” Guzmán, the cartel kingpin who made two daring escapes from high-security prisons and lived on the run…

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LVMH To Take Up To 10% Of Italy's Eyewear Firm Marcolin

French luxury goods group LVMH (LVMH.PA) is set to take a stake of up to 10 percent in unlisted Italian…

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Russia's Sistema Says Plans To List Agricultural Business

Russian conglomerate Sistema (AFKS.MM) (SSAq.L) plans to list shares in Steppe, its agricultural business, later this year or early in…

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GSK Appoints AstraZeneca Executive As Global Head Of Pharma

GlaxoSmithKline has poached its new global head of pharmaceuticals from rival AstraZeneca, marking a change of guard at Britain’s biggest…

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Hotel Tycoon Lord Forte Employs His Kids To Stop Family Feud

When Trusthouse Forte owner Lord Forte was forced to step down as chairman of his hotel empire at the age…

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