Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Investors
Innovation firm 3M backs Chile-based Lixivia
Innovation company 3M has supported Chilean firm Lixivia. The investment was made through 3M's New Ventures Business but terms of the deal were not disclosed.
Vector Capital acquires and makes growth equity investment in CollabNet Inc
Private equity firm Vector Capital has acquired and made a growth equity investment in cloud-based application lifecycle management solutions provider CollabNet Inc. Financial terms of both deals were not provided.
Donors give California Governor Jerry Brown $17M for gubernatorial race
While incumbent California Governor Jerry Brown has not expressed his plans to run again, donors like Exxon Mobile, Facebook Inc and Microsoft Corp have contributed to his campaign chest, Bloomberg reported.
Traditional printers can tap growing 3D printing market via strategic M&A - analyst
According to analysts interviewed by Bloomberg, Hewlett-Packard Co. (HPQ) and Seiko Epson Corp may want to consider acquiring growing 3D printer company Stratasys as oppose to building their own printers if the former wants to tap the growing 3D printing market real soon.
Latest News
Activist investor Daniel Loeb's Third Point Llc can no longer count on Rhode Island as one of its clients after the state's Investment Commission voted to pull out its investment in the hedge fund, Reuters reported.
Water technology investments have not been popular, but the threat of drought and concerns about a fast-growing population has started a slow change in this area, Gigaom reported.
High-end luxury brands might be able to demand their preferred deal prices as Asian, Middle Eastern and private equity buyers scramble to acquire a share in the profitable luxury goods market.
According to Reuters, Lone Star is itching to exit from German bank IKB as European Central Bank and the European Banking Authority will begin to run mandatory health tests in banks this year.
Wayfair, an online home-furnishings site, saw its company valuation hiked past the billion - dollar mark when it recently raised $150 million in a T. Rowe Price - led fundraising round, said a source who told Reuters.
Andrew Horsman, the principal of Canada-based green technology firm CleanTech Capital Inc resigned and is exiting his stake after the investment was reported by the Star, to avoid conflict of interest with his position as the head of the tire recycling programs in Ontario.
LightSquared Inc seemed to have marked a small milestone towards getting out of bankruptcy when on Friday, it told a state court that it has been working with its creditors regarding a plan to restructure the company's assets.
Apple Inc is facing claims amounting to $840 million from state attorneys general and plaintiffs, which included consumers, in lawsuits related to the pricing of electronic books, Bloomberg reported.
Technology giant Apple Inc is said to be making a play into the mobile medical health space as evidenced by its development of the iWatch and other products, CNET reported.
