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While the financial world keeps grappling with losses, the industry's leaders have raked in annual pay raises averaging nearly 12 percent. The Financial Times found JPMorgan Chase CEO Jamie Dimon was among the top earners, with a pay package of more than $23 million last year. That's an 11 percent increase over the previous year.

The Brazilian state oil company has a new chief executive and her name is Maria das Gracas Foster. Petrobras is the world's fifth-largest oil producer, and Foster becomes the first woman to run a top-five oil company. This comes as the firm looks to double its production by 2020. The company's stocks surged on news of the appointment.

Oil prices were higher after a top Iranian official threatened to block a considerable part of the world's oil supply, if new economic sanctions are imposed on his country. The official spoke of blocking oil tankers from moving through the Straits of Hormuz.

Cumberland Farms put giant photo cutouts of David Hasselhoff in front of their stores across New England and Florida. The 60-year-old star of Baywatch and Knight Rider is shown smiling, wearing a tank top and promoting iced coffee. Of 570 photos, roughly 550 have been stolen.

Gambling houses have placed odds on who might become the next leader of the Catholic world. At the top of the list of frontrunners are men not from Europe.

Oregon residents are being asked to contact police if they see a 30-foot tall gorilla — wearing sunglasses and polka dot shorts. He's carrying a hot tub, and may or may not be inflated. The giant gorilla stood for four years on top of the Spas of Oregon store in Gladstone.

The Global Language Monitor's Top Word of 2014 is not a word, it's an emoji of a heart. The company says the spread of pictures in place of words reflects a broader transformation of English.

A driver in Sydney spotted a man riding on top of a motorized suitcase. A video shows the man and his suitcase moving very slowly. Video of the unusual mode of transportation has gone viral.

Stocks in Japan and Australia hit highs not seen in more than four years after Tuesday's big rally on Wall Street. The benchmark Dow Jones Industrial Average hit an all-time high — topping a record set in the fall of 2007, just before the financial crisis hit.

Syrian President Bashar Assad's Instagram account includes images of his smiling first lady. It makes no mention of the country's civil war. Instead, it show his wife helping out in a soup kitchen, and congratulating top achieving students.