New York-based private equity firm Quadrangle Capital Partners will substantially close its London office and pursue its European investments out of the United States, an investor letter dated Friday said.
A dozen or so financial companies, from banks to asset managers, are planning initial public offerings by year's end, betting that investors are over their aversion to the sector a year after Wall Street's crisis boiled over.
Canadian retailer Dollarama Inc, backed by private equity firm Bain Capital, has filed for an initial public offering on the Toronto Stock Exchange, according to a regulatory filing.
Efforts by private equity firms to sell stakes in portfolio companies through initial public offerings continued late this week as two North American companies took steps toward coming to market.
U.S. regulators seized Corus Bank on Friday in the fourth-largest bank failure this year and sold its deposits to MB Financial Bank.
Japan Airlines Corp is seeking a capital injection of about 50 billion yen ($550 million) from Delta Air Lines, as well as several billion yen from Air France-KLM, Japan's national broadcaster NHK reported on Saturday.
The Walt Disney Co on Friday announced a deal with The Beatles' company, Apple Corps, to remake the band's movie Yellow Submarine in 3-D, extending the Fab Four's presence in the 21st century.
U.S. regulators seized Corus Bank on Friday in the fourth-largest bank failure this year and sold its deposits to MB Financial Bank .
Writer Larry Gelbart, who developed the hit television show M*A*S*H that uncovered a rich wellspring of comedy and pathos in war, died of cancer on Friday at age 81.
A collection of Andy Warhol paintings valued in the millions of dollars has been stolen from the home of a Los Angeles businessman, police said on Friday.
U.S. infusion of federal funds into clean technology projects has prevented the collapse of many green firms, revived enthusiasm and is now generating optimism for the emerging sector in 2010.
Former Pennsylvania coal miner Richard Trumka isn't president of America's biggest labor federation yet, but he's already cranking up rhetoric on issues from healthcare reform to making it easier to unionize.
The ACORN scandal video and transcript were released Thursday by the news website BigGovernment.
The Obama administration is launching a broad push for action on financial regulatory reform, returning to a key legislative priority even as the debate over healthcare consumes the U.S. Congress.
With Cadbury lacking a white knight bidder to come to its rescue in the face of Kraft's $16.1 billion bid, the two companies are set to face off on one question: How much is Cadbury really worth?
The world's oldest person, Gertrude Baines, died Friday at the age of 115 in Los Angeles.
When it comes to water, it is pretty clear to investors that a growing global shortage will bring in new business opportunities.
A U.S. judge on Friday dismissed a lawsuit against Citigroup Inc brought by buyers of auction rate securities, a $330 billion market that collapsed in early 2008.
With Cadbury lacking a white knight bidder to come to its rescue in the face of Kraft's $16.1 billion bid, the two companies are set to face off on one question: How much is Cadbury really worth?
Anheuser-Busch InBev NV said on Friday its American Depositary Receipts would begin trading on the New York Stock Exchange on Sept. 16 under the symbol BUD.
Improving U.S. consumer sentiment and a big drawdown in wholesale inventories on Friday built on recent evidence that an economic recovery was picking up speed.
Interest rates on U.S. 30-year fixed-rate mortgages fell below 5 percent on Friday, a significant psychological level that should help the hard-hit U.S. housing market to recover, according to real estate website Zillow.com.