Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
Corporations
Microsoft CEO search closely-watched
The search for the new head of Microsoft would be a closely-watched development in the technology industry.
Verizon and US regulators disagree on net neutrality
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
NoKor, SoKor agree on reopening of Kaesong industrial park on trial basis
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
DirecTV adds new members to its board
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
Latest News
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
The second largest oil producer in Qatar, Occidental Petroleum Corp, is offering a minority share in its Middle Eastern operations.
The JOBS Act is what made Twitter's IPO secretive and relatively inexpensive. Twitter is taking a different path en route to its IPO. This may become the path that many others after it would follow, especially in this day and age of excessive sharing through social media.
Azul CEO David Neeleman would be pushing through with an IPO after it cancelled its scheduled IPO last August because of unfavorable market conditions.
ThyssenKrupp AG is reconsidering the sale of its Steel Americas unit, selling off only its US operations.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
Former PNC Financial Services Group Chairman and CEO Jim Rohr had left the company to join General Electric Co. and was succeeded by Bill Demchak.
ViroPharma had attracted interested suitors including Sanofi and Shire Plc. as it started working with Goldman Sachs Group for a possible sale.
Today, Molex Incorporated announced the completed purchase of FCT Electronics Group. Molex Incorporated was established in 1938 and operates as a global components company.
