North America

Plains All American bids for PAA Natural Gas Storage shares

Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.


AssuredPartners Inc completes acquisition of GBP Risk Solutions

AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.

Bank of America settles discrimination lawsuit for USD 160 million

The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.

Appeals court rules in favor of National Credit Union Administration for MBS claims

The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.


Latest News

Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
Social media platform Twitter hired Nathan Hubbard as its new commerce chief. Twitter Inc. had hired Nathan Hubbard who was also the former president of Ticketmaster.
The Federal Housing Finance Agency (FHFA) had pegged USD6 billion as settlement amount for the agency to stop seeking action against JP Morgan
Microsoft Corp continued to reassure employees of the efforts put into finding a new CEO for the company.
Today, startup firm Speakaboos announced it had received a total of USD6.2 million in seed and Series A funding.
Whiting Petroleum Corporation had announced today signing a definitive agreement for its acquisition of several properties in Williston Basin, North Dakota.
The US Securities and Exchange Commission called rival exchange operators Nasdaq and NYSE to give details on the three hour trading halt which occurred last week.
CEO Steve Ballmer had announced resignation from Microsoft leaving the company with no apparent heir.
Today, Akorn Inc. and Hi-Tech Pharmacal Co. announced they had signed a definitive acquisition agreement valued USD640 million in cash.