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Recent Deal News:
Analysis: Airline emissions deal may not come before EU deadline - Sun, 19 May 2013
By Allison Martell (Reuters) - Hope is fading for a global deal to regulate the airline industry's greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war over the European Union's emissions trading system. Last November the EU suspended its controversial scheme to force all airlines to buy carbon credits for any flight ...
Sacramento Kings owners reach deal to sell team to local investors - Fri, 17 May 2013
By Eric M. Johnson (Reuters) - The owners of the Sacramento Kings basketball franchise have struck a tentative deal to sell the California team to local investors after the National Basketball Association denied a proposal to move the team to Seattle, Sacramento Mayor Kevin Johnson said on Friday. The deal by an investor group led by tech developer and philanthropist Vivek Ranadive followed ...
Morrison seals $306 million Ocado deal in online catch-up - Fri, 17 May 2013
By James Davey LONDON (Reuters) - British supermarket chain Wm Morrison is investing more than 200 million pounds in a 25-year deal with online grocer Ocado, seeking to catch up with rivals in home delivery and sending Ocado shares to a record high. Morrison, which trails Tesco, Wal-Mart's Asda and J Sainsbury in annual sales, has suffered falling profits and market share, partly due to its late ...
China deal ends distraction, but not questions, for Caterpillar - Fri, 17 May 2013
By James B. Kelleher CHICAGO (Reuters) - Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's effort to expand in China and distracted its executives for months. Now, analysts say, comes the hard part: Proving to investors that ERA Mining Machinery, the Chinese maker of hydraulic roof ...
House Democratic leader: Deal reached on Texas budget - Fri, 17 May 2013
AUSTIN - Texas lawmakers reached a deal Friday on a two-year spending plan that would restore $3.93 billion to public schools and clear the way for taking $2 billion from the state's rainy day fund for water projects, the leader of House Democrats said.