DUBAI, Sept 16- Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the United States for around $250 million. The purchases, done in separate transactions, were completed by the firm's U.S.-based real estate arm, a statement from Investcorp said.» Read More
NEW YORK-- Tom Hanks will play a gutsy New York City newspaper columnist when he makes his debut on Broadway in the spring. Previews begin March 1 at the Broadhurst Theatre and an opening night is set for April 1.
TOKYO-- The head of Japan's new nuclear regulatory agency said Thursday that reactors will not be allowed to restart until they pass seismic inspections and meet new safety standards to be instituted next year.
NEW YORK-- Shares of Stillwater Mining Co. tumbled Thursday, after the palladium and platinum producer announced plans to sell $300 million in notes.
NEW YORK-- U.S. airlines closed the summer travel season without any lengthy tarmac delays in August, the government said Thursday, a sharp reversal from a month earlier. On Aug. 15, a Caribbean Airlines flight sat on the tarmac at New York's JFK Airport for four hours and 28 minutes before it took off for its destination, Trinidad and Tobago.
FORT WORTH, Texas-- Shares of Range Resources Corp. climbed Thursday after the company gave an upbeat report on third-quarter oil and natural gas production.
WASHINGTON-- The watchdog for spending in Afghanistan is warning commanders that a safety system to protect U.S. troops from roadside bombs is incomplete or inadequate. It was sent Wednesday to the top commander in Afghanistan, Gen. John Allen, and commander for the Middle East, and Gen.
NEW YORK-- Stocks are higher at midday after an encouraging report from the Labor Department. The Labor Department says applications for unemployment benefits fell last week to 339,000. That's the lowest in more than four years.
DAKAR, Senegal-- The street level of Ousmane Ndiaye's building features a fabric shop. "I could rent this place out for 250,000 francs a month, but I prefer to keep Billal and my sheep here," says Ndiaye, 60, sporting a royal blue boubou as he strokes the head of the sheep he hopes will become a reality television star.
PROVIDENCE, R.I.-- Rhode Island officials say a recent sale of state general obligation bonds shows investor confidence in the state. Lincoln Chafee announced Thursday the state sold $81.4 million in bonds at an interest rate below 3 percent. The bond sale comes after the state saved $7 million in April by selling bonds to refinance $122.9 million in debt.
CHUQUICAMATA, Chile-- From above, it looks like a colossal amphitheater carved from rock, or the vast crater from a meteorite that crashed into Chile's Atacama desert ages ago.
When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.
JUBA, South Sudan-- To fight a backlog of court cases in this poor and rural country, South Sudan plans to introduce mobile courts, a response to criticism that that some defendants have languished in prison for five years without trial.
PARIS-- A bumper season for the French national dish of Coquilles St. Jacques has turned into a bitter dispute in the English Channel, as French fishermen angry over British expansion into their waters surrounded British boats in a show of maritime force.
Kythera Biopharmaceuticals shares are trading above their offering price in their first day listed on the Nasdaq Stock Market. The stock jumped 81 cents, or 4.4 percent, to $19.30 in late morning trading, and earlier traded as high as $20.59.
Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On Thursday, Turkey claimed that it forced a Syrian passenger plane to land because it was carrying banned cargo from Russia.
The secular High Court in Malaysia's southern Seremban town rejected a bid by four Muslim transsexuals who were born male to declare the Shariah law unconstitutional. The law is enforced in Shariah religious courts against Muslims, who comprise nearly two-thirds of Malaysia's 29 million people.
RICHMOND, Va.-- The parents of two Virginia Tech students who successfully sued the state for the deaths of their daughters in a 2007 campus massacre now want to hold the university's president accountable for failing to alert students and faculty of the first shootings on campus.