Marc Castro

Bo Xilai's conviction moves many to form political party

Bo Xilai's political supporters have formed a political party named Zhi Xhian Party where Bo Xilai was named as 'chairman for life'.

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MLB and Alex Rodriguez suspension case grows deeper

Lawyers for Major League Baseball and Alex Rodriguez argue as to jurisdiction of the case, if it were in federal court or state court.

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AIG under fire for ALICO, DelAm sale to MetLife

The New York Department of Financial Services and the Manhattan District Attorney's Office are conducting inquiries and may subject both AIG and MetLife to fines.

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Category 5 typhoon cuts path of death and destruction in the Philippines

Typhoon Yolanda (International Name: Haiyan) devastated several provinces over the weekend as it cut across the Philippines packing gust winds of 275 kph.

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Investors diverge on future of JCPenney

Depending on their risk interpretation of the current debt situation of JCPenney under new CEO Mike Ullman.

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Wilbur Ross hedges bet on emerging market growth

Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.

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Delaware court issues ruling on Cooper-Apollo case

According to Judge Sam Glasscock, it found Cooper's allegations to be without merit as against the actions of Apollo in its buyout negotiations.

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Symbion prepares for sale

Symbion, which was privatized in 2007, is preparing for its sale.

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Box, the data storage company, prepares for its own IPO

In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut.

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OSX Brasil SA's secured debt issue increases in value

Amidst rumors of a pending bankruptcy filing, secured bonds of OSX Brazil now trade at a two month high.

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Priceline.com appoints new CEO, makes old CEO its new Chairman

Priceline.com has appointed Darren Huston to become its new CEO.

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UBS AG to pay back Swiss National Bank for bailout fund value

The Stability Fund was created as part of the bailout package of UBS AG and now, it was time for the bank to pay back the fund under a given formula.

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Bidding for J&J's Ortho Clinical Diagnostics unit heats up

Many private equity firms and partnerships are in the process of formulating their bids for diagnostic unit of Johnson&Johnson.

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Feronia announces private placement equity investors

Feronia identified the private placement equity investors and the breakdowns as to their purchases.

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Crowdit names three new members for its Board of Advisors

Three new members would join the existing members of Crowdit's Board of Advisors.

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