North America

ContraFect Corporation Announces Third Quarter 2014 Results

ContraFect Corporation (NASDAQ: CFRX) (NASDAQ: CFRXW) (NASDAQ: CFRXZ), a biotechnology company focused on the discovery and development of protein therapeutics and antibody products for life-threatening, drug-resistant infectious diseases, today announced results for the third quarter ended September 30, 2014. The Company closed its initial public offering (IPO) on August 1, 2014.


U.S. data points to strong spending ahead of holiday shopping frenzy

Most U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace.

Google Glass future clouded as some early believers lose faith

After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday.

UBS looking to take back bonuses from forex traders

UBS AG, among the six banks fined this week for their role in the global foreign exchange scandal, is looking at clawing back bonuses from its traders.


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Shares of Virgin America Inc, a low-cost airline partly owned by Richard Branson, soared more than 30 percent in their market debut, underscoring the buoyant mood in an industry that is emerging from a long spell of turbulence.
The Republican-led U.S. House of Representatives approved the Keystone XL pipeline on Friday, but a similar measure struggled to get enough support in the Senate and President Barack Obama indicated he might use his veto if the bill does get through Congress.
The positive news on German and French GDP have calmed the fears over stagnating Eurozone economy. the International Monetary Fund said that growth performance is in line with projections in the United States and China. BoE Governor Carney lowered growth and inflation forecasts for UK. Japan's GDP data will be a very crucial factor in Prime Minister Abe’s decision on whether or not to increase the consumption tax from 8 percent to 10 percent.
The International Olympic Committee will unveil plans to overhaul parts of the sporting extravaganza next week as they look to make the Games more attractive to fans and sponsors alike.
A new U.S. spaceship designed to fly astronauts to the moon, Mars and other destinations beyond the International Space Station arrived at a Florida launch pad on Wednesday in preparation for an unmanned test flight next month.
In a paradoxically good development for the U.S. economy, Americans quit their jobs in September at the fastest rate in over six years.
The Smithsonian Institution, the world's biggest museum complex, unveiled a $2 billion plan on Thursday to revamp the south side of the National Mall, a favorite draw for Washington's millions of tourists.
Christie's held the biggest art auction in history on Wednesday, selling $853 million worth of contemporary and post-war art, led by a pair of Andy Warhol works featuring multiple images of Elvis Presley and Marlon Brando.
Aumento Capital V Corporation (the "Corporation"), is pleased to announce that it has completed its initial public offering (the "Offering") today of 1,015,000 Common Shares at a purchase price of $0.60 per Common Share by way of a prospectus for gross proceeds of $609,000.
NBA Commissioner Adam Silver said on Thursday he "couldn't disagree more" with remarks made by the head of the players union that the league's salary cap is unjust and un-American.
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