Police arrested a baggage handler for the Sunday ice explosions at the Los Angeles Airport. The Los Angeles Police Department (LAPD) arrested an airport employee today for causing the dry ice explosions at the Los Angeles Airport (LAX) on Sunday.
United States
NXT Capital gives subordinated venture loan to MyBuys
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.
TextPower Inc closes oversubscribed Series A round with USD 525,000
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
Blackstone-led buyout group takes Pactera Technology private
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Carlyle Group, AlpInvest Partners assume management of Indiana Future Fund, INext Program
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
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A study found that Oreo cookies were as addictive as cocaine. A recent study conducted by a team at Connecticut College in New London found that Oreo cookies were as addictive as cocaine, the LA Times reported.
Harley-Davidson recalled some motorcycle units because of problems with its hydraulic clutch system.
Twitter Inc hired former Google advertising executive J.J. Hirschle to head its retail advertising sales team days after Apple Inc announced hiring a retail division chief.
Harley-Davidson voluntarily recalled several motorcycle models made between May to October this year.
Wix.com Ltd, the Israeli online provider of website management tools, chose to list in the tech oriented Nasdaq.
Managers of hedge funds said to Reuters the worry over the US government defaulting on its debt payments was not as dire as they had experienced during the days leading to the collapse of financial services firm Lehman Brothers.
BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.
A payment of USD260.7 million was paid to Berkshire Hathaway for the exercise of its warrants from General Electric Co.
Wrigley issued a number of debt instruments with specific term lengths, yields and interest rates. An amount worth USD3 billion through a five bond offer was done by Mars Inc's Wm Wrigley Jr Co.
