Dish has made a $2.28 billion offer to Clearwire, which is higher than Sprint Nextel's $2.2 billion offer.
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U.S. Research Team to Develop Sustainable Solutions for Producing Rare Earth Materials
Leading researchers from academia will soon be part of a $120 million Department of Energy initiative to help develop solutions for producing more ‘rare earth materials’ in the country for lesser dependence on foreign sources.
American Airlines and U.S. Airways Hold Merger Negotiations
The much talked about merger in the airline industry between American Airlines and US Airways is all set to happen after both sides came together for discussions in Dallas, last week.
Banks Witnessed an Increase in Auto and Education Loans in November
The Federal Reserve noted a sharp increase in borrowing loans from banks in November. The borrowing figures increased by $16 billion when compared to October.
American Express To Cut 5,400 Jobs by The End of 2013
American Express to cut 5,400 jobs this year. American Express Co. , announced that it will slash 5,400 jobs this year as a part of its restructuring effort and to offset losses.
Latest News
BlackRock Inc has won the bidding for Credit Suisse Group AG's European exchange-traded fund business, according to a source familiar with the situation.
Reports suggest shares of the carrier dropped by 0.4 percent to 3, 765 yen at the close of Tokyo trading, a biggest decline since Dec. 28, Boeing shares fell 2.7 percent.
Alitalia's chairman Roberto Colaninno is interested in working out a deal with Air France, although he may not have the support of all shareholders on this count.
American International Group Inc, the insurer rescued by the U.S. government in 2008 with a bailout that ultimately totaled $182 billion, drew angry condemnation on Tuesday after it said it may join a lawsuit against the government alleging the terms of the deal were unfair.
Target Corp said on Tuesday it will match on a year-round basis the prices found on the websites of key rivals Amazon.com Inc, Best Buy Co Inc, Wal-Mart Stores Inc and Toys R Us, its latest tactic to hold onto shoppers focused on price.
Cerberus Capital Management LP plans to reduce its stake in Japanese mid-sized lender Aozora Bank Ltd bringing down its stake in the bank from 58 percent to 7.7 percent.
Carlyle Group plans to sell its remaining stake in China's third-largest insurer in a deal valued at up to $790 million, marking the U.S. private equity fund's largest gross profit ever from an investment.
Walt Disney Co, which reported record earnings in November, started an internal cost cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters.
Bank of America Corp on Monday entered an $11.6 billion settlement to end Fannie Mae's claims that the bank improperly sold it mortgages that later soured, and to resolve problems with foreclosures, the companies said.
