United States

NASA selects SpaceX to takeover idled shuttle launch pad

The National Aeronautics and Space Administration (NASA) will turn over one of its idled space-shuttle launch pad to Space Exploration Technologies (SpaceX), according to officials on Friday.


US carrier Sprint planning 2014 $20B T-Mobile takeover -report

US-based telecommunications company Sprint is eyeing the purchase of rival T-Mobile USA next year in a deal worth $20 billion, according to sources cited in a report by The Wall Street Journal.

FMC Corp says it will sell Peroxygens business to One Equity Partners

Chemical firm FMC Corp inked a deal to sell its Peroxygens business to the private investment unit of JPMorgan Chase & Co, One Equity Partners, for a price tag of $200 million.

Intellectual Ventures settles patent case against Altera

Intellectual Ventures has settled a lawsuit it brought against chipmaker Altera Corp, according to court filings in litigation against a group of semiconductor companies filed by the firm, which has purchased billions of dollars worth of patents.


Latest News

Louisiana-based big utility Entergy Corp ended its plans to transfer its high-voltage power lines to independent electricity transmission firm ITC Holdings Corp after Mississippi regulators rejected the deal.
Ford chairman Bill Ford, Jr. invested in San Francisco-based startup QuickPay through his venture firm Fontinalis Partners to help improve on-street and off-street parking experience.
US-based company Charter Communications is reportedly preparing to make an official offer to acquire Time Warner Cable for less than $140 per share, according to a news report.
KKR & Co and the private equity arm of Goldman Sachs Group Inc quietly exited their investment in US discount retailer Dollar General Corp on Wednesday in a stock sale valued at $252 million.
London-based leveraged buyout firm CVC Capital Partners Ltd told investors it plans to exit its remaining stake in North American travel chain Pilot Travel Centers LLC.
Recent study about the unfamiliarity of Bitcoins in most of Americans deduced that unless the virtual currency actually collapses, speculators, especially early investors, could continue reap gains as the virtual currency continuously rises.
US-based oil and gas company BreitBurn Energy Partners LP has announced a definitive agreement to acquire oil and gas properties in Texas' Permian Basin for an estimated $282 million.
The news about Google Inc's plan to use the technology of British chip designer ARM Holdings Plc for the former's server chips had seen the latter's shares rising to as much as 5.7%.
With Microsoft wanting to consider an internal employee for its new chief and its rumored shortlist dwindling with the promotion of Steve Mollenkopf as new Qualcomm chief, a TechCrunch report said the tech giant's new CEO might be Microsoft Cloud and Enterprise chief Satya Nadella by default.
Cambridge, England-based ARM's acquisition of graphics and lighting tech for games maker Geomerics was strategic, as the former intends to extend its reach in visual computing.
Real Time Analytics