Koch Industries Inc had announced its acquisition of a 1,055-megawatt Odessa Power plant in Texas. On Tuesday, Koch Industries Inc said that it had bought the 1,055-megawatt Odessa Power plant through its unit of subsidiary Koch Energy Services LLC.
North America
Medtronic, Apollo Hospitals ink joint venture for low-cost hemodialysis treatment
Medtronic Inc and Apollo Hospitals Enterprise formed a joint venture for the development of a low-cost and portable hemodialysis treatment for developing countries.
A one day-old startup may sell for USD1 billion in the near future- TheNextWeb founder
TheNextWeb co-founder Boris Veldhuijzen van Zanten was confident in early-stage startups achieving entrepreneurial success in as short as a weekend or one day.
Next-generation iPads are trimmer, thinner- report
A TechCrunch report stated that the next generation iPad slated set to be launched in October would be trimmer and thinner.
John Lewis predicts Apple's iPad Mini a bestseller for the Christmas holidays
Retailer John Lewis said Apple's iPad Mini would be the bestselling tablet for Christmas. UK-based retailer John Lewis told The Telegraph that Apple's iPad Mini would be the bestselling tablet this Christmas season.
Latest News
Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.
Bloomberg reported that Walt Disney Co had planned to stop the issuance of stock certificates in its physical form and issue them in digital form instead.
US Senator John McCain angrily stated that US lawmakers should resolve differences to end the US partial shutdown that caused a halt in military death benefits, according to a Reuters report.
AT&T Inc. would reach a near agreement to sell its wireless towers to Crown Castle International Corp, said sources familiar with the matter.
Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.
On Tuesday, Finance Minister Luis Videgaray said that Mexico had urged the United States to reach an agreement to raise the nation's debt limits to avoid a possible default that could ruin the international reputation of the country.
US President Barack Obama would nominate the Vice Chairwoman of the Federal Reserve to replace outgoing chairman Ben Bernanke whose term ends in January next year.
Jos. A. Bank had approached Men's Wearhouse for a possible merger although the type of tie-up was not clearly stated, reported the Wall Street Journal.
Under its new CEO Doug Lawler, Chesapeake Energy Corp had cut down around 1200 jobs to reduce company spending and lift profit.
