The Bay Area Rapid Transit workers union was poised to go on strike but was averted by the 11th hour intervention of California Governor Jerry Brown.
Firm Management
TA Associates invests in Flashtalking
Flashtalking received investment backing from TA Associates, the financial details however were not disclosed.
Sony says no to Loeb proposal of partial sell of entertainment unit
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
Allegis Capital reveals four new Venture Partners
Allegis Capital stated that it has appointed Nawaf Bitar, Dr. Hossein Eslambolchi, Tom Gillis, and Jeffrey Williams as its new venture partners.
HSBC declines in value and undertakes house cleaning
HSBC's stock falls as it advises diplomatic missions to close their accounts with their bank. HSBC had reported lower than expected earnings last Monday.
Latest News
Pennon Group announced that they had hired Ian McAulay as chief executive officer of Viridor Limited and executive director with the Pennon Group Board.
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
SpiceJet has accepted Niel Mills' filing for resignation as CEO of the budget carrier. Indian budget carrier SpiceJet announced today that it accepted its chief executive officer's resignation request.
The US State Department announced an international travel alert for terrorist attacks in the Middle East, North Africa and South Asia.
Seair announced today that Jim Laird is its newest chief financial officer. Proprietary technology and gas diffusing equipment developer Seair Incorporated announced today that it named Jim Laird as its latest chief financial officer.
In the company's latest shareholders meeteing, new officers were elected and new provisions were approved.
Reuters reported that China's private businesses could experience succession problem in the next few years.
