To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5 billion in Houston to build the most flexible oil and fuel transport hub in the country.
Tags: North America
P&G to sell soap brands Camay and Zest to Unilever
Procter & Gamble Co said it would sell its soap brands Camay and Zest to Unilever Plc for an undisclosed amount to focus on its faster-growing brands.
Couche-Tard aims for top convenience store spot with Pantry buy
Canada's Alimentation Couche-Tard Inc (ATDb.TO) will buy smaller U.S. rival Pantry Inc (PTRY.O) for about $861 million, a deal that positions it as one of the top convenience store operators in North America.
U.S. gasoline prices fall to four-year low: Lundberg survey
The average price of a gallon of gasoline in the United States has dropped one dollar since early May, the lowest price in more than four years, according to the Lundberg survey released Sunday.
Tesla third-quarter loss doubles to $75 million, shares jump
Tesla Motors Inc (TSLA.O) shares rose more than 7 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results.
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Atlanta, US-based security software provider Damballa pocketed $13 million in venture funding from its existing investors to beef up its sales force and support its growth campaign in North America.
Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.
Plug Power Inc. acquired ReliOn Inc. in an all stock deal valued USD4 million, reported Reuters. Plug Power Inc. announced acquisition of ReliOn Inc. , said a report from Reuters.
Tucson, Arizona-based destination marketing solutions provider Simpleview bought Pittsburgh, Pennsylvania-based customer relationship management (CRM) solutions firm Software Management Inc (SMI) for an undisclosed sum to expand its client base.
San Jose, Costa Rica-based healthy food startup Natural Sins sells baked snacks made of real fruits and vegetables in a bid to help fight obesity.
Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.
San Francisco, US-based startup Spellgun launched today to bring Western mobile games to China's mobile market under a partnership with video game art outsourcing firm Concept Art House and Chinese firm Talkweb.
San Francisco, US-based application lifecycle management (ALM) solutions provider Polarion Software Inc nabbed $10 million in a Series A funding round from Munich, Germany-based investment firm Siemens Venture Capital.
Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.
