Industry

GE unit in talks to buy Milestone Aviation: WSJ

General Electric Co's (GE.N) finance arm is in talks to buy Milestone Aviation Group Ltd, as the U.S. conglomerate looks to expand its aircraft-leasing operation into helicopters, The Wall Street Journal reported, citing people familiar with the matter.


CEO Bewkes needs to show Time Warner better alone than with Murdoch

Ten years ago, Walt Disney Co, having fended off a hostile bid from Comcast, had to make a case why it was better off as an independent company.

Tesla unveils all-wheel drive Model S, 'autopilot' features

Tesla Motors Inc on Thursday took its first step toward automated driving, unveiling features that will allow its electric sedan to park itself and sense dangerous situations.

U.S. DEA 'most interested' in U.S. investors in Canadian marijuana firms

U.S. investors in Canada's medical marijuana industry are betting they won't fall under the scrutiny of U.S. law enforcement officers - but it's a risky bet.


Latest News

China, the world's top coal importer, will levy import tariffs on the commodity after nearly a decade, in its latest bid to prop up ailing domestic miners who have been buffeted by rising costs and tumbling prices.
“A rose by any other name would smell as sweet,” William Shakespeare wrote in “Romeo and Juliet”. But he was not working for the U.S. government and trying to define what constitutes condensate and natural gas liquids.
World oil prices are set to fall further, extending a months-long rout as Saudi Arabia is unlikely to make deep enough production cuts to erase a growing surplus of supply, according to Gary Ross, chief executive of PIRA Energy Group.
Plunging sugar prices have forced at least one Indian sugar mill to default on bank loans and could drive others to do the same, the latest sign of the heavy toll a four-year-old supply glut in the country is taking on producers of the sweetener.
The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.
A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.
Norton antivirus maker Symantec Corp (SYMC.O) will split into two publicly traded companies, one selling security software and the other providing data management, potentially making itself more attractive to suitors.
The S&P 500 on Thursday posted its largest percentage decline in six months on concerns about the strength of the global economy and its effect on corporate earnings.
World stock markets roared their approval on Thursday of reassurances the U.S. Federal Reserve will not rush into raising interest rates, with risk appetite flooding back into almost every asset class.
British engineering company Rolls-Royce (RR.L) said airline Norwegian (NWC.OL) had selected its engines to power nine Boeing (BA.N) Dreamliner aircraft and signed up for a long-term maintenance and servicing contract worth $440 million.
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