The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.
North America
Tesla car offers free Mexico, Canada border pass for free
Owners of Tesla Model S cars could now drive from the Mexican border to Vancouver thanks to the Tesla Supercharger station network.
UPS into big data make navigation less fuel dependent
UPS' new navigation system helps drivers use less fuel. United Parcel Service Inc. (UPS), one of the world's biggest package shipping company, uses customer data, drivers, and vehicles for its new route guidance system, according to a report by Bloomberg.
Google protects secret SFO bay project via confidentiality agreements as new barge shows up in Maine
Google Inc had been going to extreme lengths to keep the purpose of its new infrastructure secret. In a report by Reuters, Google Inc went to great lengths keeping its latest infrastructure project under wraps.
Venture capitalists betting on growth of civilian drones
Venture capitalists said drones, largely used for military or scientific purposes, would be used for commercial purposes in the future.
Latest News
Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.
Sarissa Capital Management acquired a 6.22% ownership stake in biotechnology firm Ariad Pharmaceuticals.
Fund managers said they were optimistic about Twitter's upcoming debut. Institutional investors expressed confidence about the initial public offering of social media company Twitter Inc.
Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.
News Corp received a five-year revolving line of credit amounting to USD 650 million. News Corp was able to get a revolving credit line worth USD 650 million, which would be good for five years.
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
French advertiser Criteo raised USD 250 million from its IPO. France-based firm Criteo raised USD 250 million from its initial public offering in the US.
The permanent eternal flame was brought back to light the gravesite of JFK after its repair. The eternal flame marking the gravesite of former US President John F.
The flight of the St. Louis Cardinals back to Boston for Game 6 of the World Series was delayed due to mechanical problems.
