VENTURE CAPITAL POST

Exxon Mobil Corp's (XOM.N) push to persuade workers at its Beaumont, Texas refinery to sign a five-year contract, nearly twice as long as the last one, is part of an effort to avert labor stoppages during a possible expansion that could make it the largest such plant in the United States, sources familiar with refinery operations said.

China plans to tender again for Mexico's $3.75 billion high-speed rail project after the Latin American nation abruptly canceled its earlier win, one of the firms in a Chinese-led consortium that had bid and a source close to the bid said.

For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America’s spy satellites into space.

Philadelphia-area transit workers have voted overwhelmingly to ratify a two-year contract with the local transportation agency, averting a strike that threatened to cripple bus and rail lines and that their union warned would be long and contentious.

In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.

Nate Robinson signed a contract with Denver Nuggets worth US$4.03 million.