An estimated 47 million Americans would be hit by the reduction in food stamp benefits, according to a report.
Regions
Yucaipa Cos gives USD 261 million offer for Morgans Hotel Group Co
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
China’s Qunar share price doubled on first day of trade
Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.
NEWSCYCLE Solutions acquires Atex Inc from Atex Group for undisclosed amount
NEWSCYCLE Solutions announced that it had bought the Atex AdBase advertising systems business from the Atex Group.
Lululemon Athletica's attitude on complaints drives customers to competitors- report
Lululemon Athletica Inc's attitude towards complaints had driven customers to competitors, according to an NBC News report.
Latest News
More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
Windows 8's share in the operating systems market was predicted to be slowing down in the next quarters as more users had been urged to upgrade to the best software version.
A VentureBeat report indicated that a DIY repair on the new iPad Air would be more disastrous due to its thin and lightweight specifications.
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
Royal Bank of Scotland revealed its company strategies on Friday to return over GBP45 billion it received from the British government as bailout money.
New investor Sequoia Capital and other existing investors had backed Berlin-based 6Wunderkinder's USD30 million Series B funding round.
Industry analysts said that AT&T's consideration on acquiring a European asset like Vodafone Group was the next logical step for the US mobile operator.
French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.
