Senate Congressional leaders from both parties have progressed as to reaching a deal on the debt ceiling and the budget impasse.
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Savient Pharmaceuticals files for bankruptcy
Savient Pharmaceuticals filed for bankruptcy protection and court approval to sell assets to a US WorldMeds unit.
Snow storm kills thousands of cattle in South Dakota
A snow storm in South Dakota killed thousands of cattle and caused tens of millions in losses. A sudden storm that came earlier than winter decimated thousands of cattle in South Dakota.
VEBA pegs Chrysler stake at USD3.6 billion
VEBA Trust pegs shareholdings at USD3.6 billion. The healthcare trust affiliated with the United Auto Workers union had finally placed a price tag on the worth of its shares in Chrysler Group.
BlackBerry to take out ads to talk directly to the consumers
BlackBerry Chief Marketing Officer said the firm had taken one page ads to communicate with its consumer base.
Latest News
Food stamp recipients went for a two-hour shopping spree in Louisiana after a glitch removed spending limits on their cards.
Stock markets in Europe fluctuated wildly amidst the uncertainty of the US finalizing budgets for its debt servicing and other governmental services.
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount. Aurora Capital is a private equity firm managing over USD2 billion of assets based out of Los Angeles.
Shareholders of GSW are being convinced to accept the Deutsche Wohnen offered bid. In a letter to its clients, GSW immobilien AG had recommended the acceptance of the EUR1.
In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.
