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Northrop agrees TASC saleThe deal for the advisory services division of the US defence contractor is the latest sign of life in leveraged buy-outs by private equity groups ... |
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Comcast closes in on NBC stakeThe top US cable operator may seal a deal to buy a controlling stake in NBC Universal from General Electric, creating one of America’s largest media companies ... |
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Empty MySpace office blow for News CorpThe media group is paying more than $1m a month to rent an empty office complex in Los Angeles since scrapping an ambitious plan to house its digital businesses there ... |
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American Airlines attacks Delta-JAL ventureAmerican Airlines’ top executive has delivered his most pointed attack yet on Delta Air Lines’ bid to form a joint venture with Japan Airlines, arguing that Delta would face an uphill battle in convincing US regulators to approve the partnership ... |
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Markets’ inflation readings edge upwardsMarket expectations for inflation in the US and UK have reached their highest levels since late last year amid growing investor demand for government securities that offer protection from rising prices ... |
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Online gambling moves need traditional backingWhile proposed legalisation measures have been greeted with enthusiasm, such efforts are unlikely to succeed without support from bricks and mortar casinos ... |
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