The seven year battle between federal prosecutors and Stephen A. Cohen's SAC Capital Advisors nearing a compromise agreement.
United States
Warrnambool bid fires up acquisition fever in dairy industry in Australia,New Zealand
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
EBay founder Omidyar plunges into news industry with new media venture
EBay Inc founder and chairman Pierre Omidyar discussed about his new media venture via a blog post on Wednesday.
Toyota issues voluntary recall due to airconditioning condenser housing issue
Toyota Motor Sales USA voluntarily recalled some cars because of problems encountered with the airconditioning condenser unit housing.
HSBC unit slapped with record USD2.46 billion final judgment
A decision by US Judge Ronald Guzman put HSBC's Household International Inc liable to pay USD2.46 billion as settlement for misleading its investors.
Latest News
Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.
The Windows 8.1 update would seek to address issues that had been found in the original Windows 8 operating system.
Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
Breathometer Inc scored close to USD 2 million in its seed funding round, and would use the funding to produce and market its Breathometer device.
A total of USD40 million in capital investments was raised in cloud software startup Accela's fourth investment funding round.
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
