Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.
Industry
Twitter Focuses on Growing its Advertising and User-base, Not IPO
According to a recent interview with Twitter's CEO, the microblogging site's focus is on growing its advertising and user base but speculations about an IPO are still irresistible to the media.
Australia's Ingham Chicken Enterprises Looks Tasty to Big Private Equity Firms
Reuters reported today that big private equity firms will bid for Ingham Enterprises, Australasia's largest poultry producer, according to confidential sources.
India's Latest Proposed Business Reforms Favorable for Foreign Investors
Last week the Indian government announced that it was increasing the limits for foreign investment in insurance joint ventures, and opening the pension system to foreigners.
Zynga Stocks at All-time Low, Ten Months After IPO
Shares for the online game-maker Zynga were down more than 20 percent on Thursday, an all-time low at $2.82 in afterhours trading, after reports of expected third-quarter losses, and projected revenue losses for the year.
Latest News
Reuters reports the merger and acquisition deals of the day. (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: Two former top aides to Canadian Prime Minister Stephen Harper said on Thursday he should approve a $15.
Reuters reported this morning that Samsung Electronics filed a new lawsuit against Apple Inc. in a U.S. court, contending that the iPhone 5 infringed on its patents.
The Wall Street Journal reported today that the Chinese-owned Ralls Corp. will face an uphill battle against the Obama administration fighting the executive order blocking its purchase of four wind farms in Northern Oregon.
(Reuters) U.S. manufacturing ended its worst quarter in three years in September as foreign demand for U.S. goods fell sharply, an industry survey showed on Monday.
For the first time in over 20 years, a US president has blocked a foreign investment, citing security concerns.
See how last-year's top 50 venture capital-backed start-ups,are faring one year later. Making The Wall Street Journal's list of top 50 venture capital-backed start-ups appears to be a good indicator of future health - at least for another year.
A Standard & Poor's Case-Shiller report released yesterday shows home prices rising for six consecutive months.
Brent crude slipped below $110 per barrel on Wednesday, weighed down by worries that a fragile global economy could hit demand, although the risk of disruptions to supply from rising tensions between Iran and Western nations kept losses in check.
An investigation by New York's top prosecutor into whether a group of private equity firms used a fee arrangement to dodge taxes may be undermined by the state's own public pension fund.
