Canadian music legend Neil Young launches crowdfunding campaign for music startup Pono

Canadian music legend Neil Young launched a crowdfunding campaign via Kickstarter with a funding goal of $800,000 for his portable music player called Pono that enhances the quality of digitized music files.

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South Korean fund mulls $1B Bank of America stake sale -report

South Korea-based investment fund Korea Investment Corp (KIC) is considering selling a $1-billion stake in Bank of America after the latter's value halved since 2008, according to a report by Korean media.

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NBC Universal picks up minority stake in New York startup NowThis News

New York, US-based news giant NBCUniversal News Group announced a minority investment in mobile video news startup NowThisNews to co-produce original short news videos for social sites.

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Chesapeake to merge with Multi Packaging

International consumer packaging company Chesapeake Services and packaging solutions firm Multi Packaging Solutions Inc entered into a definitive agreement to merge, subject to customary closing conditions and regulatory approval.

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Tapering by Fed Reserve to be held back - BlackRock CEO

BlackRock CEO Laurence D. Fink said the tapering by the US Federal Reserve would be extended until the March.

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Apple's fall from grace will not transpire soon

Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.

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