WASHINGTON, Sept 21- The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative.» Read More
FRANKFURT, Sept 19- General Electric Co and Germany's Siemens are considering bids for compressor and turbine maker Dresser-Rand that could derail a merger between Dresser-Rand and Swiss pump maker Sulzer, according to media reports.
NASA is sending a 3- D printer to the International Space Station in hopes that astronauts will be able to one day fix their spacecraft by cranking out spare parts on the spot. Besides real-time replacement parts at the station, NASA envisions astronauts, in the decades ahead, making entire habitats at faraway destinations like Mars.
Russia's Investigative Committee said Friday that the 65- year old Yevtushenkov has remained under house arrest, dismissing the claim of his release issued by his Sistema holding company.
FRANKFURT, Sept 19- Germany's Siemens is considering a bid for compressor and turbine maker Dresser-Rand that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer, according to several media reports on Friday.
CNBC's Jon Fortt and Jeffrey Sonnenfeld, Yale School of Management, discuss the two CEOs named to replace Larry Ellison at the helm of Oracle; Mark Hurd and Safra Catz.
This is a Band-aid solution, says Jeffrey Sonnenfeld, Yale School of Management, providing insight into Oracle's management shakeup and other major changes at top-tier companies, including IBM. And CNBC's Jon Fortt, shares insight.
The Yamal plan, a $27 billion investment to tap vast natural gas reserves in northwest Siberia, aims to double Russia's stake in the fast-growing market for liquefied natural gas. Russia has said it will make sure Yamal has the resources it needs to keep building.
NEW YORK— With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Alibaba gained $25.89 to end at $93.89. Alibaba lined up its initial public offering of stock at $68 a share the day before, raising $21.8 billion from investors.
SAN JUAN, Puerto Rico— Puerto Rico's government on Thursday announced the construction of a $108 million real estate project as the island tries to emerge from a nearly decade-long economic slump with help from U.S. investors.
NEW YORK— Judges on a federal appeals court panel Thursday said they suspect Argentina has gone rogue, ignoring court orders and bullying a U.S. bank to try to prevent it from obeying a court order.
TORONTO, Sept 18- Shareholder activism is likely to gather momentum in the Canadian energy industry in the coming months, sparked by some poor stock performance, the success of past campaigns and growing support from large institutional investors.
The geography of wealth in America is shifting to the oil/energy states, reports CNBC's Robert Frank, with a look at a new study that shows where the fastest growth of millionaires occurred last year.
DETROIT— More than 60 local business owners graduated Thursday from Goldman Sachs' 10,000 Small Businesses program and were cheered on by some high-profile people— former New York City Mayor Michael Bloomberg, billionaire investor Warren Buffett, Michigan Gov. Rick Snyder and Detroit Mayor Mike Duggan.
TOPEKA, Kan.— Independent candidate Greg Orman's business dealings faced new scrutiny Wednesday in Kansas' unexpectedly competitive U.S. Senate race, as he acknowledged his friendship with a former Goldman Sachs board member sentenced to federal prison for insider trading.
WASHINGTON— The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar. Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.
*Sulzer worth $4.6 bln, Dresser-Rand worth $5.6 bln. Sept 17- Swiss pump maker Sulzer said on Wednesday it is in talks on a potential combination with U.S. compressor and turbine maker Dresser-Rand, a deal that would create a machinery company with a combined market valuation exceeding $10 billion.
*DuPont shares up 4 pct. Sept 17- Activist investor Nelson Peltz's Trian Fund Management LP urged DuPont to separate its high-growth businesses from the more cyclical ones, blaming the company's conglomerate structure for its "underperformance."
South Africa's richest man Johann Rupert has a track record of leading Swiss-based Richemont through difficult times and his comeback at the company's annual general meeting in Geneva provided some comfort for investors.
Barcelona was awarded 5 million euro as top finisher. Four others were awarded 1 million euros each: the metropolitan area of Kirklees, England, and the cities of Stockholm; Warsaw, Poland; and Athens, Greece.
Financial markets watching for 2 words as clues to Fed's intentions on rates Alibaba post-IPO' partnership' structure helps founder, insiders retain control World stocks higher on hopes Fed won't speed up rate hikes timetable, China stimulus reports Trian wans DuPont to separate its business into 2 cos. to help increase shareholder value Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business INSIDE WASHINGTON: Plan to cut food stamps thwarted by states, only 4 states to see reductions General Mills misses 1 Q net income and revenue expectations US consumer prices expected to show moderation in August, helped by falling gas costs US current account deficit likely increased slightly in April-June quarter Shares in company owned and run by Russian billionaire put under house arrest collapse