Venice Beach experienced tragedy with the death of a woman when a man plowed his car into the busy boardwalk.
Investors
Fitness First to boost presence with GBP77.5 million investment
Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.
Unitech eyes global private equity for its Gurgaon property
Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
A Warburg Pincus venture files for Chapter 11 bankruptcy protection
Rural/Metro Corp. filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in Wilmington, Delaware on Sunday.
Consortium led by Alan Hughes set to purchase 315 branches off RBS
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
Latest News
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.
Berkshire Hathaway announced its reported earnings and its company portfolio growth. The second quarter profit for Berkshire Hathaway Inc increased by 46%.
The consulate of Haiti in Montreal created an investment mission which will be attended by many prominent names in Quebec's investment industry.
After fearing US sanctions, Pakistan decided to ask Iran's government to finance a USD8.1 billion gas pipeline project.
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
The Indian finance head attempted to gather support from opposition leaders for the passing of insurance and pension sector bills.
The European competition authority intensified its scrutiny on Google's search results as competitor blocking concerns in search results were raised by search engine rivals.
The Florida Office of Financial Regulation closed down the First Community Bank of Southwest Florida in Fort Myers.
