A new report has claimed Facebook needs pay no tax for the 2012 financial year even though the social networking site made more than $1 billion in profits from its U.S. operations alone.

A free crib will be given to babies born in 9 months time by furniture company, IKEA, which is celebrating the most romantic day of the year, Feb. 14, by offering a little something to help those starting families in Australia.

A family has been awarded $63 million after winning a lawsuit against Johnson & Johnson.

The commercial real estate firm Cushman & Wakefield recently hired two men who specialize in dealing with faith-based non-profit institutions.

Flight attendants on Asiana Airlines are fighting to be allowed to wear pants while on the job, and according to new reports out this week have won a small victory in their battle.

The United States Postal Service has announced its plans to stop delivering mail on Saturdays in an attempt to stabilize its flailing budget, although it will continue to deliver packages six days a week.

Burger King has admitted to having horse meat in some of its burgers, including its trademark Whopper burgers.

An Applebee's waitress has reportedly been fired after posting an image of a receipt on the social media sharing website Reddit which shows the signature of a pastor refusing to provide gratuity at her restaurant.

The Twinkies business could be saved, as Hostess Brands Inc has reported that private equity firms C. Dean Metropoulos & Co. and Apollo Global Management LLC have set a base offer of $410 million to acquire the company's snack cake brands, which will include Twinkies.

Manchester United soccer team is worth more than $3 billion, making the club the first sporting franchise in the world to surpass the $3 billion mark.