Alternative asset manager Fifth Street Asset Management Inc filed with the U.S. regulators for an initial public offering of Class A common stock. Morgan Stanley, J.P. Morgan and Goldman Sachs were among the major underwriters for the IPO, the Greenwich
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GM's China JV recalls 38,328 Cadillacs on brake software glitch
General Motor Co's (GM.N) main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in brake control software, the country's quality watchdog said on Tuesday.
Boeing feels strong pressure to increase 737 jet output
Ray Conner, chief executive of Boeing Co's (BA.N) commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets.
Jawbone's activity-tracking wristbands to accept data from rivals
Jawbone said on Monday it is opening its software to other device-makers in hopes of accelerating sales of its activity-tracking wristbands, in a move that comes a day before Apple Inc is expected to unveil a smartwatch of its own.
Facebook targets advertisers as 100 million log on in Africa
One in 10 Africans are logging on to Facebook every month, the world's No.1 online social network said on Monday, presenting a new target audience for advertisers.
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Global Cash Access Holdings Inc (GCA.N), which provides cash services to casinos, said it would buy slot machine maker Multimedia Games Holding Co Inc (MGAM.O) for about $1.2 billion to strengthen its gaming business.
Students eager to keep on top of classes, assignments and extra-curricular activities can turn to new apps to keep them organized as the new school year ramps up.
Sharp Corp (6753.T) is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg reported on Monday, as the Japanese firm winds down its involvement in the solar industry to focus on profitable businesses.
India's Bharti Airtel Ltd (BRTI.NS) has agreed to sell more than 3,500 of its mobile phone masts in six African countries to telecommunications tower company Eaton Towers in a bid to cut costs, the companies said on Monday.
Australian junior iron ore miner Western Desert Resources Ltd said it had called in administrators after failing to negotiate a deal with its bankers, due largely to plunging iron ore prices.
In June 2013, activist investors got the board of SandRidge Energy Inc (SD.N) to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.
Japan's largest e-commerce firm Rakuten Inc (4755.T) said it was in talks to buy U.S. rebate site operator Ebates, a deal reportedly worth $950 million and the latest in a long line of overseas acquisitions.
A combination of record imports and record U.S. soybean production look set to knock soybean meal prices sharply lower over the final months of 2014.
Tests with ships will begin in mid-2015 on a new set of locks that are a key component of an expansion of the Panama Canal, the waterway's chief said on Sunday.
