Revolution Growth invests in Vienna-based FedBid Category: BusinessPublish Date: 01-16-2012 04:27 PM -0800
Washington entrepreneurs Ted Leonsis and Steve Case have made the first big investment with their $450 million Revolution Growth fund, acquiring a major stake in Vienna-based FedBid, which they...[more]
RBS Jet Lessor Fetches $7.3 Billion Category: BusinessPublish Date: 01-16-2012 04:23 PM -0800
Royal Bank of Scotland Group is to sell its aviation unit to Japan's Sumitomo Mitsui Financial Group Inc. for as much as $7.2 billion.[more]
Renewed surge in PPI complaints Category: BusinessPublish Date: 01-16-2012 04:01 PM -0800
A fresh surge in complaints about payment protection insurance drives up the total number of complaints going to the Financial Ombudsman Service.[more]
'Contraband' Places First at Box Office Category: BusinessPublish Date: 01-16-2012 03:56 PM -0800
"Contraband" led the holiday weekend at the box office, as the action thriller from Comcast's Universal Pictures earned $28.8 million.[more]
Pembina to Buy Provident Energy Category: BusinessPublish Date: 01-16-2012 03:53 PM -0800
Oil-pipeline company Pembina Pipeline said it agreed to buy natural-gas-liquids-infrastructure company Provident Energy for about $3.1 billion in stock.[more]
Richemont Sales Climb Category: BusinessPublish Date: 01-16-2012 03:44 PM -0800
Luxury-goods company Richemont reported a 24% increase in sales for the latest quarter, reflecting growing demand in the Asia-Pacific region.[more]
Wikipedia, Reddit plan blackout in SOPA protest Category: BusinessPublish Date: 01-16-2012 03:02 PM -0800
A handful of large websites will go dark on Wednesday to protest an anti-piracy bill that critics say will wreck the Internet as we know it.[more]
Ship-Operator Shares Plunge Category: BusinessPublish Date: 01-16-2012 02:56 PM -0800
Shares in Carnival, the operator of the Costa Concordia cruise ship which ran aground off the coast of Italy, have plunged as investors worry costs for the company could far exceed its initial...[more]
Carnival and cruise sector count cost of disaster Category: BusinessPublish Date: 01-16-2012 02:31 PM -0800
LONDON (Reuters) - The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on...[more]