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Chime Communications board okays GBP365M cash offer

The sports marketing business major's shares rose over a quarter as Providence Equity Partners, WPP made an offer.

Aug 03, 2015 1:27 AM EDT


H&H Group acquired John Swan & Sons for £8.2M; shares soar by 15%

John Swan & Sons' shares went up by 15% when H&H Group officially announced they are purchasing the livestock services.

Aug 02, 2015 10:19 PM EDT


Tinder all set for an IPO in late 2015, says parent company IAC; Joey Levin named as IAC's new CEO

Dating app Tinder as well as other brands under the Match Group banner are headed for an IPO, according to parent company InterActiveCorp.

Aug 02, 2015 10:08 PM EDT


Falling world oil prices result in job cuts

Energy giants take a hit as oil prices collapse. A number of companies, including Shell and Centrica in Britain, are cutting thousands of jobs to cope with losses.

Jul 31, 2015 8:21 AM EDT


US tech companies lead the $100B market capitalization list

The US technology and internet companies' market capitalization has soared significantly. Among the top 100 global companies by market capitalization, technology companies lead the pack as they grew since 2009 after the global economy recession.

Jul 31, 2015 2:42 AM EDT


3D sensor maker Occipital gets $13 Million in Series B funding

Occipital, maker of the Structure 3D sensor and software kit for iOS, gets $13 million in funding from a group of investors

Jul 30, 2015 11:35 PM EDT


Americans saving more, but not for retirement

Americans are saving more today. But instead of saving for retirement, an average household is setting aside money for unexpected expenses, according to a recent study.

Jul 30, 2015 10:57 PM EDT


Yelp CEO announces departure of Chairman Max Levchin

Yelp has announced that its chairman Max Levchin is leaving the position to focus on his startup business.

Jul 30, 2015 10:20 PM EDT


Facebook posts Q2 gains, but expenses worry investors; shares rise, fall

Facebook's stock was volatile in after-hours trading despite surpassing second quarter expectations on almost every metric. Shares dropped then rose following release of its earnings report. The stock fell again on weak outlook.

Jul 30, 2015 8:38 AM EDT


Amazon offers Amazon Dash for $5 to Premium customers

The Amazon Dash is now available for Premium customers for only $5. The Amazon Dash, the dongle you can stick anywhere in your household for quick and convenient ordering, is now on sale exclusively for Amazon Premium customers only.

Jul 30, 2015 8:24 AM EDT


Creditworthiness of US at stake; Will cash-strapped US raise debt ceiling?

Treasury Secretary Jack Lew writes to the US government alerting it on soaring debt burden. The world's largest economy is left with no option but to raise debt ceiling or face the risk of default.

Jul 30, 2015 5:11 AM EDT


Victoria's Secret is losing $9B for casting out plus-size lingerie

The lingerie brand, Victoria's Secret is losing $9b profit upon not venturing to plus-size lingeries.

Jul 30, 2015 1:36 AM EDT


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