United States

U.S. Bank to replace customers' debit cards after data theft at US retailer Target

The data theft at American retailer Target that happened between November to December last year prompted a bank to replace all customer debit cards involved in the breach, with the new cards to be sent out soon.


Brookstone Co engages services of Jefferies Group, K&L Gates for debt restructuring- sources

To help it restructure its debt, retailer Brookstone Co has hired a financial adviser Jefferies Group and law firm K&L Gates, according to sources interviewed by Bloomberg.

For the first time since Merrill Lynch acquisition, BofA exceeds JPMorgan Chase in investment banking fees

As far as investment banking fees go, Bank of America outperformed JPMorgan Chase & Co since it acquired Merrill Lynch & Co in 2008, Bloomberg reported.

US software maker Zendesk to launch IPO in 2014

San Francisco, California-based customer-tracking software maker Zendesk has sought the services of Goldman Sachs to lead a potential initial public offering (IPO) set later this year.


Latest News

Paying online purchases with Bitcoin is not something new but paying taxes using the digital currency is and SnapCard is the startup that makes that possible, according to Forbes Contributor Ben Kepes.
New York, US-based storytelling platform Contently raised $9 million in a Series B funding to expand its advertising enterprise tools and ensure that its journalists are equipped with important publishing tools.
California, US-based tech giant Apple Inc signed an agreement with the Federal Trade Commission (FTC) to pay out at least $32.5 million as refund for the parents of kids who racked up big in-app charges without explicit consent.
Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.
Boston, US-based secretive startup ClearSky Data raised $12 million in a funding round led by General Catalyst and Highland Capital Partners, according to a report published by Boston.com.
Blackboard Inc, an enterprise technology company owned by private equity firm Providence Equity Partners, has bought MyEdu, a platform that helps students finish college and look for jobs.
New York-based investment firm Sandell Asset Management has again pressured FirstGroup, the owner of Greyhound bus, to split the company and revamp its operations, Bloomberg reported.
Dallas, US-based female-focused crowdfunding platform MoolaHoop acquires New York-based small business crowdfunding site Lucky Ant for an undisclosed sum to facilitate easier management of crowdfunding campaigns.
San Francisco, US-based venture capital fund IDG Ventures invested an undisclosed sum in the first funding round of Bangalore, India-based mobile sales and marketing software maker FieldEZ Technologies.
World Bank Group member International Finance Corporation (IFC) invested an undisclosed amount in US-based submarine fiber optic cable system developer and operator Seaborn Network Holdings LLC.
Real Time Analytics