Sears Borrows $400 Million From CEO's Hedge Fund

Related Link: 

Sears is borrowing $400 million from CEO Edward Lampert's hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer.

Canadian Natural Allowed to Resume Production at Troubled Site

Related Link: 

Canadian Natural Resources will be allowed to resume production at an oil-sands site in northern Alberta plagued by unexplained leaks of crude that seeped to the surface.

Alibaba Bets Pay Off for Select Firms

Related Link: 

The initial public offering of Alibaba Group will be a windfall for a group of previously undisclosed investors who snapped up preferred shares in the e-commerce company that were sold in the run-up to its debut.

AB InBev Explores Financing for an SABMiller Deal

Related Link: 

AB InBev is talking to banks about financing a potential megadeal, perhaps reaching £75 billion ($122 billion), to buy global beer rival SABMiller, according to a person familiar with the matter.

Netflix Rollout in Europe Begins With France

Related Link: 

Netflix launched in France on Monday, kicking off a weeklong roll-out into six European countries, including Germany, Belgium and Switzerland. It is the online video-streaming company's biggest single International expansion yet, and one of the most risky.

German Auto Parts Maker to Buy U.S. Rival TRW for $11.7 Billion

Related Link: 

ZF Friedrichshafen agreed to buy TRW Automotive for about $11.7 billion, creating the world's second-largest automotive supplier by sales.

Apps Help Users Track Misplaced Items

Related Link: 

A growing number of companies are offering services that help people locate misplaced items, thanks to wireless tags that can be attached to household objects (or pet collars) and located with the aid of a smartphone.

Apple Reports Record iPhone Orders

Related Link: 

Apple said it received more than four million orders of its two new iPhone 6 models in the first 24 hours on Sept. 12, more than it had initially set aside for preorders.

Pratt & Whitney Close to F-35 Engine Deal

Related Link: 

Pratt & Whitney is close to a deal to supply the Pentagon with more F-35 fighter jet engines as it nears pinning down the cause of a fire that broke out on one of the planes in June.

Richard Branson Invests in Sidecar

Related Link: 

Ride-sharing company Sidecar has raised $15 million to help its expansion, with billionaire Richard Branson participating as a new investor.

Syndicate content