Vail Resorts on Thursday agreed to buy out Park City Mountain Resort for $182.5 million in cash.» Read More
NEW YORK/ BOSTON Sept 24- Your medical information is worth 10 times more than your credit card number on the black market.
Sept 18- Vivint Solar Inc, a residential solar panel installer backed by Blackstone Group LP, is expected to raise up to $371 million in its initial public offering. Provo, Utah based-Vivint Solar was launched in 2011 and has become the second-largest installer of residential solar panels in the United States after SolarCity Corp..
Senator Orrin Hatch, the top Republican on the tax-writing Finance Committee, said billionaire investor Warren Buffett called him recently to find out what Congress might do about companies that move abroad for tax purposes.
NEW YORK, Aug 28- Bitcoin is catching on at U.S. online merchants including Overstock.com and Expedia, as customers use a digital currency that just a few years ago was virtually unknown but is now showing some staying power.
A legal fight between two companies that own different ends of the Park City ski resort mountain could mean no winter season this year.
WASHINGTON, Aug 27- Conservatives in the U.S. Congress who object to President Barack Obama's immigration policies are threatening to tie a must-pass budget bill to the issue, making for a possible showdown in September and raising the specter of a government shutdown. One year ago, Congress faced a similar task.
CNBC's Jane Wells looks at how a dispute over a lapsed lease has jeopardized ski season at one of Park City's most popular resorts.
Aug 26- Blackstone Group LP- backed solar-energy provider Vivint Solar Inc filed with U.S. regulators on Tuesday for an initial public offering of common stock. Provo, Utah based-Vivint Solar was launched in 2011 and has become the second-largest installer of residential solar panels in the United States, after SolarCity Corp..
Aug 6- U.S. refiner HollyFrontier Corp reported a better-than-expected profit for the third quarter in a row and said it expects higher margins from turning crude oil into other fuels and asphalt in the current quarter. The operator of refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah has typically benefited from easy access to cheap U.S. shale crude.
Aug 6- U.S. refiner HollyFrontier Corp reported a fall in profit for the second quarter as its refining margins slumped 28 percent after a runup in U.S. crude oil prices. HollyFrontier, which operates refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah, usually benefits from access to cheap U.S. shale crude.
NEW YORK, Aug 5- Vivint Inc, the home security and solar-energy provider owned by private equity firm Blackstone Group LP, has confidentially filed for an initial public offering of its solar business, according to people familiar with the matter.
July 29- Chemical maker Huntsman Corp's quarterly profit more than doubled, driven by higher prices and increased demand for chemicals used in foam insulation and refrigeration. Huntsman, which bought Rockwood Holdings Inc's pigments business for $1.1 billion, said it expects to secure final approval for the deal by the end of the current quarter.
WASHINGTON, July 22- Immediate government action is needed to stop U.S. corporations from avoiding federal taxes by shifting their tax domiciles overseas through deals known as inversions, the head of the U.S. Senate Finance Committee said on Tuesday.
The California cities of San Jose, Vallejo and San Diego all saw a heightened threat, as new fault lines have been recently discovered, the report said. It also upgraded the risks facing parts of the central and eastern United States, singling out areas near New Madrid, Missouri, and Charleston, South Carolina.
NEW YORK/ LONDON, July 15- When Imperial Tobacco Group Plc agreed Tuesday to buy a group of brands from Reynolds American Inc and Lorillard Inc as part of their merger, the British company insisted the assets include Lorillard's blu e-cigarette unit.
July 15- Reynolds American Inc's proposed $25 billion acquisition of smaller rival Lorillard Inc shows how the tobacco company is placing its bets on the market for menthols even as a growing number of smokers opt for e-cigarettes.
NEW YORK, July 15- Retirement payouts for 19.3 million U.S. state and local government workers in coming years are not likely to look much different from the iron-clad pensions that former teachers and police now get.
NEW YORK/ LONDON, July 15- Reynolds American Inc had no choice but to sell Lorillard Inc's top-selling blu electronic cigarettes brand after Britain's Imperial Tobacco Group Plc insisted it be part of a wider portfolio of assets it is buying, a source familiar with the transaction said.
July 11- An official at British platinum refiner Johnson Matthey has become chairman at the London Bullion Market Association as the industry body oversees the overhaul of century-old precious metals pricing systems amid intense regulatory scrutiny.
CHICAGO, July 8- Federal regulators widened the recall of salmonella-tainted chicken produced by Foster Farms to include products believed to have been sent to military bases in five states to feed personnel and their families, according to U.S. Department of Agriculture on Tuesday.