US authorities want to seize real estate properties in New York that were used to launder money from Russia.
Investors
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.
PE firms make profit from children care homes - report
A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government.
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.
Ortega passes Buffett as world's third richest person
According to the Bloomberg Billionaire's Index, Ortega recently passed Buffett as the world's richest individual.
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Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
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.
The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
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.
