The new four-division format of the NHL would also impact the league's finances, according to a report.
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Australian court orders Li Ka-shing's firms to pay AUD 776 million in taxes, penalties
A Federal Court in Australia ordered Li Ka-shing's companies to pay a total of AUD 776 million to the Australian Tax Office.
Aviva sells US unit to Athene Holding for USD 2.6 billion
British insurance firm Aviva sold its US business to Athene Holding for USD 2.6 billion. Aviva Plc sold its US unit to Athene Holding for USD 2. 6 billion, fetching USD 800 million more than the initial price tag.
Empire State Realty Trust debuts at the New York Stock Exchange at USD 13 per share
Empire State Realty Trust debuted on the New York Stock Exchange at USD 13.10 per share. Empire State Building owner Empire State Realty Trust Inc debuted on the New York Stock Exchange on Wednesday.
500 Startups scores USD 44.1 million for second fund
Accelerator program and investment firm 500 Startups announced that it was able to close USD 44.1 million for its second fund.
Latest News
US and South Korea discussed the possibility of delaying wartime control transfer to South Korea's troops amidst fears of North Korea's weapons of mass destruction capabilities.
Italian prosecutors said that JP Morgan should be indicted after manipulating markets and falsifying documents when it took over Banca Antonveneta last 2008.
The Federal Bureau of Investigation shut down the illegal operations of Silk Road, an online black market for illegal goods and services.
The Federal Bureau of Investigation had shutdown Silk Road, an alleged online bitcoin marketplace used to perform illegal activities, said a Reuters report.
A memo obtained by Reuters revealed Paramount would be laying off 5% of its workers. A memo written to employees of Paramount Pictures revealed that the film studio would be eliminating 110 positions.
Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.
Taiwan's banks have become minefields for private equity companies. The banks of Taiwan, once seen as avenues to inroads towards China, have increasingly become minefields for private equity firms.
BlackBerry's shares increased because of rumored interest from Cerberus Capital. The report of a second expression of interest in BlackBerry shares of stock caused its values to its heart.
The IntercontinentalExchange Inc set to purchase NYSE Euronext. The NYSE Euronext and the IntercontinentalExchange Inc announced last Wednesday that the two are nearing ICE's completion of its proposed takeover of the Big Board operator.
