North America

Bidders may split Blackberry - sources

According to sources who told Reuters, interest in buying BlackBerry Ltd was lukewarm that the company would have to break its business up to exit.


Investors flee emerging markets as Fed tapering looms- report

A Reuters report said that investors had started to take out their capital from emerging markets as Fed tapering loomed.

SEC meets to discuss Nasdaq system backup for processor

US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.

Microsoft CEO search closely-watched

The search for the new head of Microsoft would be a closely-watched development in the technology industry.


Latest News

Brazil President Dilma Rousseff on Monday was demanding an explanation to reports of hacking by US National Security Agency (NSA) into Brazilian companies's computer networks, and also into her email messages and phone calls.
DirecTV appoints Anthony Vinciquerra to its board of directors. DirecTV, in an announcement, appointed Anthony Vinciquerra to its board of directors. In another move, the largest satellite television provider in the United States also added another former executive from the Fox TV Networks to the board.
According to the Bloomberg Billionaire's Index, Ortega recently passed Buffett as the world's richest individual.
US authorities want to seize real estate properties in New York that were used to launder money from Russia.
Corporate titans in India had pledged to invest elsewhere should there would be no long-term economic reforms in place.
US Federal Trade Commission (FTC)'s Bureau of Competition cleared Honeywell International's proposed acquisition of Intermec on the condition that they license some key patents out to a competitor.
The JOBS Act is what made Twitter's IPO secretive and relatively inexpensive. Twitter is taking a different path en route to its IPO. This may become the path that many others after it would follow, especially in this day and age of excessive sharing through social media.
The trend now with interested buyers of Blackberry is to carve up the smartphone maker instead of purchasing it lock , stock and barrel.
Many lessons can be learned from the IPOs of other social media outlets as IPO would be conducting its own soon.
Former PNC Financial Services Group Chairman and CEO Jim Rohr had left the company to join General Electric Co. and was succeeded by Bill Demchak.
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