Daniel Loeb's New York-based hedge fund increases its stake in Sotheby's to 5.7%. A regulatory filing showed Monday that Third Point LLC, investor Daniel Loeb's New York-based hedge fund, had increased its stake in Sotheby's to 5.
North America
Global "chaos" may ensue if US strikes - Syrian official
Syrian Deputy Foreign Minister Faisal Mikdad had said that world peace and security will be disrupted if US and its allies proceed with their action in response to the August 21 chemical attack.
Buzzfeed and others pair the wrong reaction photo to Miley Cyrus' VMA performance
Buzzfeed, and even new outfits Fox News and MSNBC used a wrong reaction photo of the Smith family on Miley Cyrus' recent MTV Video Music Awards performance.
Bradway’s business savvy leads to successful Onyx acquisition
As Amgen Inc's acquisition of Onyx Pharmeceuticals Inc comes to a close, Amgen Chief Executive Officer Robert Bradway is lauded for being a great dealmaker.
BBA Aviation validates merger talks with DAE, acquires Maguire Aviation
BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.
Latest News
Bitcoin Foundation joins U.S. regulators in FinCEN-hosted discussion regarding digital currency. Financial Crimes Enforcement Network (FinCEN) director Jennifer Shasky-Calvery hosted a discussion with members of the Bitcoin Foundation.
U.S. judge approves USD20 million Facebook settlement on lawsuit over targeted ads. A U. S. judge granted final approval on Monday to Facebook's USD20 million settlement despite objections from plaintiff's that the lawsuit failed to cover children's privacy.
RingCentral submitted an application for an IPO with the US SEC. A leading provider of cloud business communications to the market announced the filing of a registration statement on Form S-1 with the SEC.
FilmTrack closed equity investment round with the largest contribution from Insight Venture Partners.
Pershing Square Capital Management LP's CEO Bill Ackman had agreed with JC Penny Co. on the sale of his entire stake in the company.
BATS Global Markets Inc. and Direct Edge Holdings LLC said that it would commence the merger last Monday.
Globecomm Systems Inc. said that it had agreed acquisition from Wasserstein & Co for USD340 million.
Gold prices, after a previous period of decline, is now on the rise, recently topping the USD1,400 level.
Muriel Siebert, the first woman to ever take a seat on the NYSE, succumbed to cancer complications and died at the age of 80.
