Two years ago,the U.S.Congress mandated that the Federal Aviation Administration integrate robotic aircraft into national airspace by 2015.The FAA has since taken only baby steps toward that goal,but the topic has already sparked much ...
Tags: drone, U.S.Congress, robotic aircraft, national airspace
American Securities LLC, a leading U.S. private equity firm, announced that, in partnership with management, it has completed the acquisition of Frontier Spinning Mills Holding Corp., a leading producer of cotton yarn for the knitting and ...
Crocs, Inc. announced that Blackstone Group LP is making a $200 million investment that will give the private equity firm a 13 percent stake in the shoe company. Crocs also said late on Sunday that John McCarvel, its CEO, plans to retire in ...
Tags: Crocs, Blackstone Group LP, investment, John McCarvel, retirement
More than three-fourths of the honey sold in U.S. grocery stores isn't exactly what the bees produce, according to testing done exclusively for Food Safety News. The results show that the pollen frequently has been filtered out of ...
Tags: honey, food safety, US, pollen
The European Commission will reject Google’s latest proposals aimed at settling a three-year antitrust dispute, the case Commissioner said Friday. The news comes following a second so-called ‘market test’ in which ...
Tags: Antitrust Fine, Google
In line with Hexagon's multi-industry focus and continued effort to truly leverage its entire portfolio, existing platforms, and global footprint to create the next generation of value for Hexagon customers, the following changes are ...
Tags: Management Changes, Textile
The National Retail Federation issued the following statement from Senior Vice President and General Counsel Mallory Duncan in response to U.S. District Court Judge John Gleeson’s approval of a controversial antitrust lawsuit over ...
Tags: Credit Card, US Court Decision
EnerVest, Ltd., and its affiliates today announced they have entered in to a binding agreement to sell assets in the Permian Basin to QEP Energy Company, a wholly owned subsidiary of QEP Resources, Inc., for $950 million. The divestiture ...
Tags: EnerVest, Basin Sale
The U.S. Department of Justice (DOJ) is investigating a report that Dell computers have been sold to the Syrian regime via a Dubai-based distributor, despite the trade embargo in place. The investigation was prompted by a New York Times ...
Eight top tech companies in the U.S. have asked governments around the world to reform surveillance laws and practices, and asked the U.S. to take the lead. AOL, Apple, Facebook, Google, LinkedIn, Twitter, Yahoo and Microsoft said Monday ...
NEW YORK (AP) -- Jeff Bezos' idea to let self-guided drones deliver packages may be too futuristic for Washington to handle. The Amazon CEO is working on a way to use the small aircraft to get parcels to customers in 30 minutes or less. ...
Tags: Amazon, Delivery Drones
Peter Solmssen will resign from the Managing Board of Siemens AG by mutual agreement, effective December 31, 2013. A member of the Managing Board since October 2007, Solmssen has served as General Counsel and head of the Legal and ...
Tags: Peter Solmssen, Siemens, Resign
Aurora Capital Group, a Los Angeles-based private equity firm, has purchased Insurance Solutions Division of Zywave, an insurance software technology provider, from Vista Equity Partners, for an undisclosed sum. Aurora's Software & ...
Tags: Aurora Capital, Zywave's Solutions Division, Purchases Insurance
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that today it closed the acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales") by way of a plan of arrangement (the ...
Tags: Metallurgy, Mineral, Energy
The Executive Director of the British Columbia Securities Commission has issued a notice of hearing alleging that a mining cost analyst engaged in insider trading. The notice alleges that Robert Launder sold shares of Baja Mining Corp. ...
Tags: Metallurgy, Mineral, Energy