Apple ponders sapphire options, leaves door open for GT

Apple Inc (AAPL.O) said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc (GTATQ.PK) if the distressed supplier can reduce production costs for the scratch-resistant material.


Digital River to be acquired by investor group for $840 million

E-commerce services provider Digital River Inc said on Thursday it entered into an agreement to be acquired by an investor group led by Siris Capital Group LLC for about $840 million.

BNY Mellon China JV gets regulator approval for exit of U.S. partner

A unit of Bank of New York Mellon Corp, one of the largest wealth managers in the United States, has won regulatory clearance for the sale of its stake in a joint venture with China's Western Securities Co Ltd , as a shake-out continues among partnerships in the country's financial industry.

Airbnb valued at $13 billion as it discusses employee stock sale: WSJ

Online home-rental marketplace Airbnb Inc valuation is set to be valued at $13 billion, up from its $10 billion valuation in March this year, as it discusses an employee stock sale, according to a report by the Wall Street Journal.


Latest News

The Brazilian real on Thursday slumped to a 9-1/2-year low while the Bovespa stock index erased its 2014 gains as investors feared President Dilma Rousseff may defeat market-favorite candidate Aecio Neves in Sunday's presidential election.
The yen languished at two-week lows against the dollar early on Friday, having come under renewed pressure overnight after an encouraging rally on Wall Street dampened demand for the safe haven currency.
Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are investing heavily in new infrastructure - but the continued dynamic growth of e-commerce will test those efforts.
Lockheed Martin Corp (LMT.N) and U.S. defense officials have reached agreement on the terms of a contract worth about $4 billion for an eighth batch of 43 F-35 fighter jets, sources familiar with the deal said on Thursday.
The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year's run of its annual check of banks' health.
Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.
Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster but there were worrying signs that the upturn could be short-lived.
The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend firmly pointed to strengthening labor market conditions.
Norwest Venture Partners (NVP), a global, multi-stage venture and growth equity investment firm, today announced that Sean Jacobsohn has joined the firm as Principal. A venture investor and former SaaS executive with broad technology, sales and business development expertise
Fast-growing Chinese smartphone maker Xiaomi Inc said on Thursday it is migrating some data on non-Chinese customers away from its servers in Beijing due to performance and privacy considerations.
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