Postal Service proposes raising stamp price

The USPS had proposed to raise the price of its first-class stamp to USD 0.49. The US Postal Service (USPS) has proposed to increase the cost of a first-class stamp by USD 0.


WP parent Automattic acquires content sharing technology Cloudup

Automattic, Inc, parent company of open source blogging and content management system service WordPress, announced in a blog post that it had acquired content sharing technology startup Cloudup with no financial details disclosed.

3i Group seeks additional private equity team members for UK, Germany - sources

Sources revealed to Bloomberg that British private equity firm 3i Group Plc was seeking to add members who specialize in buyouts for its UK and Germany private equity teams.

TVV Capital acquires Pitonyak Machinery Corp

TVV Capital's acquisition of Pitonyak Machinery Corp serves to complement an earlier acquisition for the buyout firm.


Latest News

RidePal gathered USD 3.2 million for its Series A round. San Francisco-based shuttle service provider RidePal announced that it was able to score USD 3.
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.
According to a Techcrunch report, Foundry Group pledged a USD5 million Series A investment to Minneapolis landing pages services startup LeadPages.
According to a Bloomberg report, major shareholders like Twitter co-founder Evan Williams would stand to see a rise in the valuation of their shares in the microblogging service after Twitter's IPO.
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
In an announcement today, fashion retailer JustFab said it had raised USD40 million in investment commitments from investors like Shining Capital and Rho Ventures.
In a statement today, ebay Inc announced that it had agreed to acquire Braintree for around USD800 million in cash.
On Thursday, stock exchange SecondMarket launched the first virtual money investment fund in the United States.
The major technology bourses NYSE Euronext and NASDAQ OMX Group was required by regulators to improve the technology as to back up feeds.
Lone Star Funds' Southeastern Grocers filed for a USD 500 million IPO. A regulatory filing showed Southeastern Grocers would be filing for an initial public offering (IPO) to raise up to USD 500 million.