Offshore Brazil Beckons for BP
Posted: Wed, 10 Mar 2010 19:17:55 EST
British oil giant BP is set to acquire a big swath of oil assets from Devon Energy. The deal, worth up to $6 billion, would vault BP into the hot new oil region off the shores of Brazil.
Google Sees Outcome To China Talks Soon
Posted: Wed, 10 Mar 2010 19:20:08 EST
Eric Schmidt said his company expects to soon conclude talks with the Chinese government over the fate of its search engine and business in China.
Wall Street Moves to Shape CDS Rules
Posted: Wed, 10 Mar 2010 19:19:14 EST
Some on Wall Street acknowledged that changes to CDS are inevitable, with some suggesting remedies that might increase transparency while forestalling greater government intervention.
Psychiatric Solutions, Bain in Talks
Posted: Wed, 10 Mar 2010 18:38:31 EST
Psychiatric Solutions, a for-profit operator of mental-health hospitals and clinics, is in talks to be acquired by Bain Capital.
Tropicana Raising Prices
Posted: Wed, 10 Mar 2010 17:51:52 EST
Tropicana is shrinking the size of its Pure Premium orange juice jug and raising by 5%-8% the price of its gallon containers, due to the freeze that hurt Florida's orange crop.
