Alibaba.com $2.5B privatization bid approvedBusinessWeekChinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny. The approval comes less than ...and more »
24 May 2012 | 9:17 pm
Federal CIO Earns a B for Federal ReformWall Street Journal (blog)Steven VanRoekel, CIO of the federal government, should earn a B for his efforts to reform government IT systems, according to the Government Accountability Office. VanRoekel has made some impressive headway toward realizing a two-year-old effort to ...and more »
24 May 2012 | 5:20 pm
United Technologies Prices $9.8B Bond Deal To Fund AcquisitionWall Street Journal(Adds spreads data in 10th paragraph, underwriter commentary in 13th-15th paragraphs, amends location of buy-side firm in 17th paragraph.) By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--United Technologies Corp.and more »
24 May 2012 | 4:18 pm
Independent OnlineUN Secretary General: 'We don't have a Plan B'CNN (blog)“At this time, we don't have a Plan B,” Ban Ki-moon said. The nearly 300 monitors deployed across five Syria cities are making “all possible efforts to stop violence” and have had “some dampening effect,” Ban said. But, he conceded, “We were not able ...UN chief tells CNN that Annan peace plan is only option for ending Syria violenceWashington Postall 160 news articles »
24 May 2012 | 3:17 pm
TEXT-S&P raises Crown Media rating to 'B+' from 'B'ReutersWe are raising our corporate credit rating on the company to 'B+' from 'B'. -- The stable rating outlook reflects our view that neither upward nor downward rating actions appear likely in the intermediate term, and any further upgrades likely would ...and more »
24 May 2012 | 12:01 pm
TEXT-S&P rates Ferrara Candy Co prelim 'B'ReutersInc. (B/Stable/--) plan to merge to form Ferrara Candy Co. (Ferrara). As part of the transaction, existing shareholders (including majority owner Catterton Partners) will invest approximately $330 million of additional equity into the newly merged ...and more »
24 May 2012 | 11:46 am
Your Industry NewsDow wins $2.16B in Kuwaiti disputeBusinessWeekBy AP Dow Chemical has been awarded $2.16 billion in damages by an international arbitration court over for a Kuwaiti joint venture that collapsed four years ago as the global recession took hold. Company shares rose nearly 3 percent, or 82 cents, ...Dow Chemical Wins $2.16B in Damages From KuwaitFox BusinessDow wins $2.16B in dispute with Kuwaiti companySeattle Post Intelligencerall 171 news articles »
24 May 2012 | 7:52 am
US Banks Post 1Q Profit Of $35.3B, Largest Since 2Q 2007 - FDICWall Street JournalBy Victoria McGrane and Maya Jackson Randall WASHINGTON (Dow Jones)--US banks reported their highest quarterly profit since mid-2007 for the first quarter, while overall lending activity decreased for the first time in four quarters, a bank regulator ...and more »
24 May 2012 | 7:24 am
CBC.ca<b>Pacers-Heat Game 6:</b> Players don't dispute Larry Bird's wordsIndianapolis StarPacers President Larry Bird watches Game 5 in Miami. He didn't like what he saw Tuesday. / Mike Ehrmann / Getty Images MIAMI -- The Miami Heat delivered a staggering blow to the Indiana Pacers in Game 5 on Tuesday night. Pacers President Larry Bird ...<b>For starters:</b> Miami Heat at Indiana PacersSun-Sentinel (blog)<b>Video:</b> Granger rolls ankle, unable to finish Game 5CBSSports.com (blog)Miami Heat advance to Eastern Conference finalsSan Francisco Chronicleall 4,011 news articles »
24 May 2012 | 4:30 am
<b>Yahoo:</b> New browser seeks to shake up searchesIndianapolis StarThis image provided by Yahoo shows the company's "Axis" app for iPad. The tool, also available for iPhone and iPod Touch, alters browsers made by other companies so search results can be displayed in a more convenient and compelling format.and more »
24 May 2012 | 4:21 am