North America

Veresen to acquire half stake in Ruby pipeline for $1.43 billion

Veresen Inc (VSN.TO), a Canadian pipeline company developing the Jordan Cove liquefied natural gas facility in Oregon, said on Monday it has agreed to acquire Global Infrastructure Partners' half interest in the Ruby pipeline system for $1.43 billion.


McGraw Hill Financial to sell McGraw Hill Construction to PE firm

Standard & Poor's owner McGraw Hill Financial Inc (MHFI.N) said it would sell McGraw Hill Construction to a private equity firm for $320 million.

U.S. FTC mulling antitrust lawsuit against Sysco, US Foods deal

The U.S. Federal Trade Commission is considering a possible antitrust lawsuit against Sysco Corp's (SYY.N) $3.5 billion deal to buy debt-ridden US Foods from private equity, the Wall Street Journal reported on Monday citing people with knowledge of the matter.

'Lion King' musical is top-grossing box-office production of all time: Disney

The stage musical of "The Lion King" has generated the highest total box office of any production in any entertainment medium, with worldwide takings of more than $6.2 billion, a spokesman for Walt Disney Co said on Monday.


Latest News

Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14.
Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.
Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter.
Google Inc has selected HTC Corp to make its upcoming 9-inch Nexus tablet, the Wall Street Journal reported, citing people familiar with the matter. Google had been mulling HTC as a potential Nexus tablet partner since last year and HTC engineers have been flying to the Googleplex
Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays.
U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector.
GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors.
The Rockefellers, who made their vast fortune on oil, and other philanthropies and high-wealth individuals on Monday will announce pledges to divest a total of $50 billion from fossil fuel investments.
Data storage products maker EMC Corp (EMC.N) held merger talks with rivals Dell Inc [DI.UL] and Hewlett-Packard Co (HPQ.N), the Wall Street Journal reported citing people familiar with the matter.
As it strives to energize its Cadillac brand that once led the U.S. luxury auto market, General Motors Co said on Friday it will begin production of a new "top-end, high-technology car" by the end of 2015.
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