Energy Future Holdings Corp planned to pay its junior bondholders in coupons to stave off bankruptcy.
North America
Apple to tap solar energy in mobile charging technology patent application
A patent filing by Apple Inc with the United States Patent and Trademark Office revealed that the tech company would be working on a technology to allow solar energy to charge its mobile devices.
Google may launch Nexus 5 today
Multiple reports said Google Inc's Nexus 5 smartphone would be unveiled today, with shipments starting on November 1.
ConocoPhilips estimates gains from oil asset sales to reach USD8.9 billion
ConocoPhillips sold various oil assets located in Northern America, Asia and Africa. A Reuters report said US oil company ConocoPhillips expected to receive USD8.
U.S. consumer confidence slumped to its lowest
U.S. consumer confidence declined to its lowest, attributed to government shutdown. Consumer confidence in the U. S. declined for five weeks straight and has reached its lowest level, according to a Bloomberg report.
Latest News
The solar industry has gained ground in stock exchanges for two consecutive years, outpacing tech companies.
The Basel Committee on Banking Supervision overhauled its current bank-trading book rules for banks.
The new manufacturing commitments for the US that would be announced by Wal-Mart and the US government were part of the retailer's USD50 billion investment pledge to the US economy.
FullSlate, an online scheduling service provider, was acquired by American software company Intuit for an undisclosed sum.
Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.
Founders James Russell DeLeon and Ruth Parasol DeLeon would be exiting from bwin.party digital Entertainment should their online gaming license application would be approved.
Global stocks went down slightly after the US Federal Reserve provided a dim US economy Global stocks took a small hit on Thursday after the US Federal Reserve wagered an outlook of the state of the U.
Central banks of the Group of Seven nations made permanent a cash crisis mechanism to avoid financial pitfalls.
Venture capitalists pondered on costs for developing drones for commercial uses. Tim Draper, a venture capitalist, among others betted on the potential use of drones for commercial use in the US.
