NHTSA issues statement to counter Elon Musk of Tesla's claim that the Model S is the 'safest car ever.'
Sectors
Koch Bros no longer interested with Tribune newspapers
Koch Industries confirmed in an email to BBC about a Daily Caller report of the company backing out on a bid for Tribune Co.'s publications, including Los Angeles Times and Chicago Tribune.
Filmmaker Lucas-controlled trust buys USD10 million in Starbucks stake
In a Form 4 filing done by George Lucas' wife Mellody Hobson with US Securities and Exchange Commission, GWL Living Trust purchased 141,573 shares on August 19 for USD10 million.
IIS and Drivewyze completes Series A funding round
IIS and Drivewyze raises USD7.5 million in its latest Series A funding round. Sister firms Intelligent Imaging Systems and Drivewyze have jointly announced the completion of its latest round of funding that raised USD7.
JackBe Corp acquires Software AG
JackBe Corp purchases Software AG for an undisclosed amount. As the advisor in the sale, Clearsight Advisors had recently announced the completion of another transaction in the Big Data market.
Latest News
The peaceful resolution to the stand off at a Decatur, GA school was attributed to Antoinette Tuff. In the most tense moments at McNair Discovery Learning Academy in the past few hours, Antoinette Tuff acted as the messenger and go between for gun toting Michael Brandon Hill and police authorities.
Kamcord received USD1 million new seed funding after it had previously gotten an accumulated fund of USD1.5 million.
NakedWines.com received USD10 million new funds from WIV Wein International AG, as the company had plans for expansion into the US and Australian markets.
Merchants Bank Co. planned to raise CNY34.8 billion to bolster its capital and speed up growth as competition with smaller bank rivals in China intensified.
India's richest man Mukesh Ambani lost a total of 24% of his wealth after the valuation of the rupee decreased.
An industry observer speculated that Tokyo Electric Power Company (TEPCO) nor the state of Japan has yet to be honest about the real situation about the tank leak.
Regenerative tissue engineering firm TissueTech Inc closed its latest round with USD 10 million. TissueTech Inc successfully closed its latest fundraising round.
Germany-based North Channel Bank acquired California-based NorthStar Life Services LLC that would strengthen its presence in the life settlement industry.
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
