IBT Staff Reporter

120811-120840 (out of 154943)

US private equity firms look to take cos public

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.

NHL says Balsillie must say sorry to own a team

Canadian billionaire James Balsillie was told on Friday that he will need to apologize and show humility if he wants to one day achieve his dream of owning one of North America's professional ice hockey teams.

JAL to seek $550 mln-plus from Delta, Air France-NHK

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.

Disney to remake The Beatles' Yellow Submarine

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.

Lauren Bacall to get honorary Oscar

Lauren Bacall, whose sultry roles in film noir movies To Have and Have Not, The Big Sleep and Dark Passage earned her Hollywood immortality, is to get an honorary Oscar.

Tancharoen brings old-school touch to new Fame

First-time feature film director Kevin Tancharoen grew up watching the movie Fame. Now, the 25-year-old dancer, choreographer and video director -- who has worked with Britney Spears and Christina Aguilera and who directed the MTV series Twentyfourseven and DanceLife -- presents his contemporary take on the classic tale of the pursuit of dreams.

U.S. funding brightens outlook for green

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.

Labor seen facing challenges even under Democrats

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.

Cadbury, Kraft set for long haggle over price

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?

Daily Wrap Up - September 11 Tech

Hacker Albert Gonzalez, accused of masterminding the massive data thefts at BJ's Wholesale Club, TJX and several other retailers, pleaded guilty to some of the largest identity-theft crimes on record on Friday while leaving the federal judge wondering how to compensate his millions of victims.

US 30-year mortgage rate drops below 5 pct-Zillow

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.

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