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Alabama's Bay Bank bought by The First in $6.6M merger deal

Alabama, US-based banking firm Bay Bank has been bought by Hattiesburg-based firm The First Bancshares Inc in a merger deal worth $6.6 million in combined cash and stock.


Federal jury convicts former Jefferies & Co Managing Director Jesse Litvak of criminal case related to TARP

Jesse Litvak, a former Jefferies & Co Managing Director, was convicted of defrauding buyers in a criminal case connected to the US government's Troubled Asset Relief Program, Bloomberg reported.

US scrap metal recycler Upstate Shredding snaps up Brant Auto Parts

New York, US-based scrap metal processor and recycler Upstate Shredding snapped up Irving-based rival Brant Auto Parts for an undisclosed amount in an all-cash deal.

India-based Ranbaxy Laboratories Ltd recalls 64,000 bottles of generic Lipitor in US due to dosage packing error

Ranbaxy Laboratories has recalled 64,000 bottles of its generic version of Lipitor in the US after a 20-milligram tablet was found in a bottle for 10-milligrams, Reuters reported.


Latest News

London, UK-based music identification app Shazam confirmed the previously rumored $20-million financing from undisclosed investors, which will probably fund the firm's expansion and advertising efforts.
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
The prime minister of Turkey, Recep Tayyip Erdogan, is planning to pass a law that will ban Facebook and YouTube in the country after recordings revealing his group's alleged corruption went viral on the Internet.
Miley Cyrus kissed Katy Perry during her Sunrise concert which Perry said went overboard and said comments that Cyrus found disrespectful.
Enrique Iglesias new album goes viral on social media platform Twitter after hashtag #SEXANDLOVELYRICS, the name of Iglesias’ new album, along with his collaboration with Kylie Minogue for the song Beautiful, dominated the scene on Thursday.
Phil Jackson said the decision to hire Mike D’Antoni in 2012 came from the late Lakers’ owner Jerry Buss and that he has not got anything to do with the management’s decisions.
Oscar Pistorius allegedly kill Reeva Steenkamp during last year’s Valentine’s Day according to a Pretoria High Court after Pistorius ex-girlfriend Samantha Taylor testified that the athlete never goes out without carrying his gun.
Google showed its support in the celebration of International Women’s Day through a doodle which can be seen on the homepage of the search engine with a play button that once you hit start, you will be directed to different videos from women all over the world, greeting people a Happy International Woman’s Day in various languages.
In the absence of rules that banned the use of commercial drones, Federal Judge Patrick Geraghty has ruled that these low-flying aircraft can be used for business purposes, TechCrunch reported.
300: The Rise of An Empire was given a review after its release date today, March 7 by TheGuardian which said the film was pretty dull and bloody yet with digitally enhanced abs and frowning faces that appeared entertaining.