As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
May 30 (Reuters) - Intercity bus service Greyhound, which has been travelling American highways for more than a century, is up for grabs again after British owner FirstGroup said it is looking to sell the business.
Greyhound is the only operator of scheduled intercity coaches in North America, carrying around 17 million passengers a year and serving some 2,400 destinations but faces tough competition from low-cost airlines.
Following are some key dates from the company's history https://web.archive.org/web/20140216210839/http://www.greyhound.com/en/about/his t o r i c a l t i m e l i n e . a s p x .
The bus operator traces its roots back to 1914 in Hibbing, Minnesota when Swedish immigrant Carl Eric Wickman began transporting miners for 15 cents a ride.
The Academy Award winning movie "It Happened One Night," starring Clark Gable and Claudette Colbert, prominently featured a Greyhound bus in the story, helping to spur interest in bus travel nationwide.
Greyhound was chosen as the official bus carrier of the World's Fair in New York that year.
Greyhound acquired 80% of Western Canadian Greyhound Lines and a 10% ownership in Motor Coach Industries, Canada's largest bus builder.
Greyhound began manufacturing its own buses.
Greyhound endured a seven-week strike over proposed wage cuts for its unionised employees.
The Greyhound Corporation divested its U.S. bus operations. The new company, Greyhound Lines Inc established its headquarters in Dallas.
Greyhound Lines' unionised workforce began a strike that continued for three years. As a result of mounting losses, Greyhound Lines filed for reorganisation under Chapter 11 of the U.S. Bankruptcy Code while bus operations continued.
Greyhound emerged from bankruptcy reorganisation and Frank Schmeider was named its new CEO.
Greyhound drivers finally ended their strike.
Greyhound unions ratified a six-year labour agreement, averting a repeat of the labour strife seen in 1983 and 1990.
Greyhound Lines' equity shareholders agreed to a merger with Laidlaw Inc, bringing together the U.S. and Canadian bus lines for the first time under one CEO.
On Oct. 1, Greyhound's parent company, Laidlaw International was acquired by FirstGroup who paid $2.8 billion for Laidlaw's shares and took on $800 million of Laidlaw debt.
FirstGroup became the first international coach operator to launch domestic services in Mexico.
Owner FirstGroup commences process to sell Greyhound.
(Reporting by Tanishaa Nadkar in Bengaluru Editing by Keith Weir)