Vantage Energy said it has postponed its initial public offering of common shares, citing unfavorable market conditions.» Read More
NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.
DENVER— Pot may be legal in Colorado, but you can still be fired for using it. Brandon Coats, a quadriplegic medical marijuana patient who was fired by the Dish Network after failing a drug test more than four years ago, says he still can't find steady work because employers are wary of his off-duty smoking.
TORONTO, Sept 29- Work on a pair of U.S. commercial spaceships to ferry astronauts to and from the International Space Station will be delayed after a losing contender protested the NASA awards, agency Administrator Charles Bolden said on Monday.
*Allianz not planning closer Pimco oversight. FRANKFURT/ NEW YORK, Sept 29- Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of internal strife Allianz said it plans to let Pimco continue to steer its own ship.
Microsoft to offer early look at next Windows. SAN FRANCISCO— Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.
NEW YORK— Shares of Clovis Oncology climbed Monday after the company reported promising study results for its cancer drug rucaparib. Clovis Oncology said Monday that in a small trial, 14 out of 15 patients had stable disease levels or experienced tumor shrinkage for at least 12 weeks.
If we don't contribute politically and get out there with the candidates, we can't help shape what happens, "said Patrick McManamon, head of Cleveland- based Cannasure Insurance Services, which offers insurance to marijuana growers and dispensaries.
Bagels and other, similar chains is being acquired by investment group JAB Holding for about $364.5 million. JAB Holding Co. will pay Einstein stockholders $20.25 per share, a 51 percent premium to its Friday closing price of $13.39. Caribou Coffee Co. CEO Michael Tattersfield will serve as chairman.
BOSTON— Boston City Council members kicked off a discussion Monday on possibly giving themselves each a $25,000 raise to bring their salaries more in line with their counterparts in New York and other major U.S. cities, even as questions arise over whether the proposal violates Massachusetts law.
BOSTON— A renowned technology hub that is home to some of the country's top universities, Boston is emerging as an unlikely battleground for web-based businesses like Airbnb and Uber, with some saying more regulations are needed to prevent the upstarts from disrupting communities and more established industries.
NEW YORK, Sept 27- For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800..
BOSTON/ NEW YORK, Sept 26- Janus Capital Group shares surged 38 percent on Friday as investors bet that famed bond manager Bill Gross will bring his old star power to the small mutual fund company, even though his last months at Pimco were tainted by infighting and heavy investor outflows.
DENVER— Colorado on Friday approved a $5 million incentive package to lure production of the upcoming Quentin Tarantino film "The Hateful Eight." The Oscar-winning screenwriter's movie could be filmed on a 900- acre ranch west of the ski town of Telluride, depending on local permit approval, The Denver Post reported.
BOULDER, Colo.— A traveling door-to-door solicitor whom police say has a criminal record in several states was arrested Friday in an attack on a woman at her Boulder home.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. was unchanged this week, holding at 1,931.. Of the major oil- and gas-producing states, Wyoming gained three rigs, New Mexico increased by two and Alaska, Colorado and West Virginia each gained one.
Bill Gross, who co-founded the investment giant Pimco in 1971 and runs its $222 billion Total Return Fund, said he would join Janus Capital Group. "Many people invested in Pimco's Total Return know Bill Gross, and they want his expertise," said Todd Rosenbluth, director of fund research at S&P Capital IQ.
The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.
District Judge Shira Scheindlin wrote of her order against Sam Wyly and the estate of his brother, Charles. She ordered Sam Wyly and the estate of his brother, Charles, to surrender more than $187 million.
BILLINGS, Montana— The oil industry's lead trade group released new standards on Thursday for testing and classifying crude shipped by rail after prior shipments were misclassified, including a train that derailed in Canada and killed 47 people.
SALT LAKE CITY— Utah's attorney general has decided to appeal a ruling that struck down parts of the state's anti-polygamy law in what marked a significant victory for the family on the reality TV show "Sister Wives" and polygamous families living in Utah.