After the fall of the iconic Twin Towers building in 2001 due to terrorist attacks, the city of New York had funded the reconstruction with USD250 million cash and USD1 billion sale of bonds.
Investors
Fire Island residents receive Verizon action
The complaints from Fire Island residents post Hurricane Sandy was the reason that Verizon started to change its tune on its actions.
Vodafone Group Plc's bid for Kabel Deutschland in jeopardy
The complications arise from the current bid by Vodafone Group Plc because of the increased shareholdings of Elliot Management Corp in Kabel Deutschland.
FX CEO says CBS-Amazon's "Under the Dome" digital rights agreement not fair
John Landgraf, Chief executive of FX Networks, criticized CBS and Amazon openly about their current agreement for the latter to stream episodes of new shows like "Under the Dome" days after it aired on primetime TV.
Japanese suppliers for iPhone components experience share decline
Because of the still too expensive low cost iPhone 5C, the share values of Japanese suppliers fell in the market.
Latest News
The recent launch of the iPhone 5S and 5C cost about USD200 more in China than in the United States.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion. The financial market would be expecting Verizon Communications Inc.
ALung Technologies closed its Series B-1 financing with USD 15.8 million to commercialize its Hemolung Respiratory Assist System.
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
Accel-KKR bought a majority stake in EA Holdings. Private equity investment company Accel-KKR announced that it had bought majority shares in EA Holdings.
Business communication analysts had said that chief executive officers (CEO) should be wary about using jargon like "laser-focused" inn investor communiques.
Magazine publisher Time Inc. purchased the publishing arm of American Express Co as part of its plans to spin off from its parent Time Warner Inc.
