United States

Obama seeks immediate solution for stalled military death benefits

US President Barack Obama directed government lawyers to find an immediate way to resume payments for the families of killed soldiers in Afghanistan, said a Reuters report.


Barclays promotes John Miller as Americas banking head

Barclays Plc promoted investment banker John Miller as head of banking for the Americas division of the bank, according to an internal memo seen by Reuters.

Men's Wearhouse rejects Jos. A. Bank's offer

Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.

Lionbridge Technologies Inc acquires E5 Systems

For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.


Latest News

Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.
Fiat CEO Sergio Marchionne had discouraged investors in a conference last week to participate in the upcoming debut of Chrysler Group, said a Reuters report.
Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.
A hacker identified as James Forshaw received USD100,000 in prize money from Microsoft Corp's bug bounty program for finding a new way to bypass security of Windows 8.1.
Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.
Splice was able to raise USD 2.75 million in seed capital from its latest funding round. Splice announced the close of its seed funding round with USD 2.
Verisae acquired Hara Software for an undisclosed amount. Verisae announced its purchase of Hara Software. No financial terms were disclosed. However, Verisae Chief Executive Officer Jerry Dolinsky said the acquisition was highly strategic.
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