Sectors
Amazon to offer its own music streaming service under Prime membership
US-based e-commerce giant Amazon is reportedly in talks with big music companies about plans to offer its own music streaming service under it Prime membership, according to a report by Re/code citing anonymous industry sources familiar with the discussions.
Colony Capital and Woodridge Capital Partners acquire Ritz-Carlton Kapalua resort
Colony Capital and Woodridge Capital Partners have joined forces to acquire the Ritz-Carlton Kapalua resort in Maui, Hawaii for an undisclosed purchase price, Bloomberg reported.
AssuredPartners adds Kentucky insurance firm Creech & Stafford
Florida, US-based insurance brokerage investor AssuredPartners Inc completed the purchase of Lexington, Kentucky-based insurance firm Creech & Stafford Insurance Agency Inc for an undisclosed amount.
Microsoft Corp Chair John Thompson: With Microsoft, the issue is focus
John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.