Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
North America
Financial sector near to recovery of S&P top spot
Studies by financial analysts indicated that the banking sector is recovering and may regain top spot on S & P.
Sequoia Capital to invest US$1.1 billion
Sequoia Capital raises US$1.1 billion of funds from five new ventures in Israel, China and the United States.
Porsche continues to face legal battle against hedge fun cartel claims
Porsche faces court battles with investors over volkswagen AG. Porsche SE continues to face new legal battles against investors over their aborted purchase of Volkswagen AG.
Bank of America keeps name dissolves Merrill Lynch unit
Bank of America will dissolve Merrill Lynch & Co. but will continue to keep name. Four years after it was acquired by Bank of America Corp. , Merrill Lynch & Co.
Latest News
Wells Fargo and Co agrees to buy ING Real Estate Finance debt worth US$1.6 billion. Wells and Fargo Co agreed to purchase the twenty-nine loans incurred by ING Real Estate Finance debt.
Former 'That 70's Show' star Lisa Robin Kelly passes away in her sleep while in rehab.
The losses sustained by the owners of the NY Times because of the website being down is still to be calculated.
The UPS plane crash is now being investigated by Federal Authorities and as a result, the share values of the firm plummet.
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Game titles from EA are bundled together to raise money for the company's favorite charities. In order to raise money for its charities, Electronics Arts have offered to the market the Humble Origin Bundle.
Markel Ventures Inc bought Eagle Construction for an undisclosed amount. Virginia-based Markel Ventures bought Eagle Construction, a home builder also based in Virginia.
Michael Faber, the CEO of investment firm NextPoint Management Company, was appointed as a member of the board of CPI Aerostructures.
Swedish family-controlled investment company Nordstjernan agreed to sell its subsidiary KMT Group to American Industrial Partners for USD 147.5 million.
