Lockheed Martin wins rare commercial contract for Atlas launch
CAPE CANAVERAL, Florida (Reuters) – Lockheed Martin Corp has won a rare commercial contract for launch services on its unmanned Atlas 5 rocket, officials said on Thursday.
U.S. judge hears chorus of complaints over $7.2 billion credit card pact
NEW YORK (Reuters) – A U.S. federal judge on Thursday heard a diverse parade of objectors seeking to derail a record $7.2 billion class action settlement he is weighing between merchants and credit companies Visa Inc and MasterCard Inc over credit card…
Police searched Geneva home of billionaire Steinmetz
LONDON (Reuters) – Swiss police searched the Geneva residence of Israeli billionaire Beny Steinmetz last month as part of an investigation into mining rights in Guinea, a spokesman for BSG Resources, the mining arm of his conglomerate, said on Thursday…
Twitter takes first step toward going public
SAN FRANCISCO/NEW YORK (Reuters) – Twitter Inc has filed for an initial public offering with U.S. regulators, the company said on Thursday, taking the first step toward what would be Silicon Valley’s most anticipated debut since Facebook Inc’s last yea…
Market retreats after seven up sessions; miners lead decline
NEW YORK (Reuters) – U.S. stocks slipped on Thursday, ending seven straight days of gains by the S&P 500 index as a drop in precious metal prices dragged mining shares lower.
Insight: In Silicon Valley start-up world, pedigree counts
SAN FRANCISCO (Reuters) – When asked to name the most notable rags-to-riches entrepreneur that his firm has funded, venture capitalist Ben Horowitz doesn’t hesitate: Christian Gheorghe, a Romanian immigrant who came to the United States without speakin…
BP drills at ‘giant’ Gulf field after setback due to spill
HOUSTON (Reuters) – BP Plc has begun appraisal drilling in its highly touted Tiber oil prospect in the Gulf of Mexico, the company said on Thursday, more than three years after its massive Macondo blowout and crude spill set back drilling in the basin….
U.S. exchanges to create kill switches following Nasdaq outage
WASHINGTON (Reuters) – U.S. stock exchanges agreed with regulators on Thursday to reforms including a “kill switch” to stop trading during emergencies, after a software glitch with Nasdaq’s stock quote processor last month led to a three-hour trading h…
Australian analyst pleads guilty to insider trading in New York
NEW YORK (Reuters) – An Australian financial analyst pleaded guilty in federal court on Thursday to trading on inside information ahead of the $1.2 billion acquisition of software company SPSS by IBM in 2009.
Analysis: Indian pharma draws more FDA scrutiny as U.S. imports rise
MUMBAI (Reuters) – U.S. inspectors visiting a factory in India owned by drugmaker Wockhardt Ltd in March found torn data records in a waste heap and urinals that emptied into an open drain in a bathroom six meters from the entrance to a sterile manufac…
