North America

Microsoft's record of deals patchy at best- Factbox

Reuters Factbox showed Microsoft's acquisitions and investments over the years had not been very lucrative for the company.


Virgin Galactic's SpaceShip Two makes record flight

The highest altitude and the greatest speed was achieved by Virgin Galactic's SpaceShip Two. SpaceShip Two of Virgin Galactic reached record speeds and altitude in tests just before it starts its plan of manned flight to space with passengers by next year.

Cancel Egypt aid or US loses billions - Pentagon official

A senior official of the Pentagon told Reuters that the US government would be in danger to defaulting weapons contract payments should they halt Egyptian aid.

Workout, breakfast between CEOS set price for Verizon-Vodafone deal - report

The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.


Latest News

Serena Williams routed Li Na to reach the US Open Finals this Sunday. Serena Williams breezed through the semifinals of this year's US Open. In the first game today, she defeated Li Na, 6-0, 6-3, despite the latter's heroic effort near the end of the match.
Good Morning America unveiled the rules for its "ROAR with Katy Perry" contest. Good Morning America announced the rules for their recently-launched "ROAR With Katy Perry" Contest on their website.
Bruce Bent and the Reserve Primary Fund management agreed to settle with their shareholders for USD 54.5 million.
Youtube network firm Maker Studios announced its official acquisition of Blip for an undisclosed amount.
A Techcrunch news report said that personalized e-commerce and gift-giving startup Wantful would be shutting its operations down due to its inability to get additional capital.
Shuanghui International Holdings and Smithfield Foods Inc released a joint statement saying they received another clearance from the U.S. Committee on Foreign Investment on the food firms' USD4.7 billion takeover deal.
Court papers released to the public on Friday indicated that Bank of American Corp. and Merrill Lynch & Co. would be settling on its gender bias lawsuit filed on behalf by its female brokers for USD39 million.
Malkin Holdings, who manages the Empire State Building and its investors, to proceed with an initial public offering (IPO) of the building into a real estate investment trust (REIT).
U.S. District Judge Denise Cote would be exposing new restrictions on its ebook retail unit and will appoint an external monitor to oversee Apple would not be violating antitrust laws.
The buyout of Onyx Pharmaceuticals was tainted with conflicts of interest and undervaluation, according to its shareholders.