Pay-packet pugilist fights for final word

Tim Hortons named a new chief executive on Wednesday. The Canadian coffee and doughnut chain said Marc Caira will take over from Paul House on July 2. Caira, 59, was most recently global chief executive of Nestlé Professional. “His knowledge of the out-of-home hot and cold beverage and food sectors is second to none,” said House in a statement.

Tim Geithner is in his final days as Treasury Secretary, as Obama officially nominates Jack lew to take over his role. Geithner will be the subject of LOTS of discussions in the coming days, months, and years, as he presided over one of America's most turbulently economic times. Our favorite chart is this one, which shows the pace of jobs recoveries of various financial crisis throughout the globe and history.

Here's all you need to know about how badly things are mismanaged, misrepresented and miscommunicated inside the walls of the New York Jets' facility: They got Tim Tebow to snap. And now, they need to let him go. The Jets must cut Tebow loose. Today.

Ultimate Finance Group (LON:UFG), the AIM-quoted factoring, invoice discounting and financial solutions provider to the SME sector, has agreed a deal to buy rival firm Ashley Commercial Finance Ltd for an initial fee of £4.75m in cash and shares. Ultimate is funding the deal with the proceeds of a £2.75m share placing priced at 12p per share and a new £2m acquisition finance facility. Shares in Ultimate have been suspended from trading since September 22 while the final deal negotiations were underway.

There is a good reason why some people describe themselves as “serial entrepreneurs.” Few things present more of a challenge, offer more room for creativity, and ultimately provide more personal satisfaction than the act of starting your own company and developing it from a fledgling enterprise to an enduring success. When done correctly, entrepreneurship provides both excitement and glamour.