North America

ConocoPhillips gambles on new well in Alaska, applies for permits

ConocoPhillips submitted its application for permits to drill a production well in a new field in the Alaska national reserve.


Harbinger files a lawsuit against Deere and GPS companies for US$1.9 billion in damages

Philip Falcone's Harbinger Capital filed a lawsuit against Deere & Co and Global Positioning System companies for US$1.9 billion in damages.

Appeals court questions Samsung over post-verdict smartphone sales

The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.

Reuters asks, "Does it matter who runs the Fed?"

Zachary Karabell asked if it really matters who the next chairman of the Federal Reserve will be. Zachary Karabell of Reuters posed the question, "Does it really matter who the next chair of the Federal Reserve is?" The query came as President Obama looks for Chairman Ben Bernanke's successor.


Latest News

The personal genomic and biotechnology corporation in the US would target people's DNA by selling their genetic information for US$99.
BlackBerry stocks soared by 9% to US$10.08 in trading on early Friday following reports about its possible privatization.
Billionaire Elon Musk would receive US$4.3 million in share-based pay for his recent work on Tesla's Model X sport-utility vehicle.
Nova Capital had agreed to purchase five Newell Rubbermaid brands. The specialist accquirer for portfolios in the corporate and private equity markets,Nova Capital, announced its entry into a definitive agreement with the hardware group of Newell Rubbermaid.
Encrypted email platforms Lavabit and Silent Circle shut their services down after refusing to cooperate with the US government on data surveillance.
Industry observers cautioned bullish investors to thread carefully with Tesla stock. Although Tesla enjoys a surge in their stock prices, observers warned bullish investors to take precaution on trading decisions.
American Realty Capital Properties Inc (ARCP) announced its acquisition of forty properties worth USD 416.5 million.
Clearlake Capital Group closed its acquisition and recapitalization of Bluefly. Private investment firm Clearlake Capital Group announced the completion of its purchase and recapitalization of online retailer Bluefly.
American Tower Corp announced that it would be buying towers from NII Holdings for USD 811 million. For the price tag of USD 811 million, American Tower Corp (AMT) announced that it has agreed to buy 4,500 towers in Brazil and Mexico from NII Holdings.
Nova Capital signed an agreement to buy five brands of the Newell Rubbermaid Hardware Group in a deal worth USD 214 million.
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