Qatar Buys Stake in Heathrow Owner for 900 Million Pounds
Written by Manuel Baigorri, Published on Businessweek.
Qatar Holding LLC, the investment arm of the Middle East country’s sovereign-wealth fund, agreed to pay 900 million pounds ($1.4 billion) for a 20 percent stake in BAA Ltd., which owns London’s Heathrow airport, Europe’s busiest hub.
Written by Peter Eavis, Published on New York Times.
What’s more, that curse could mean that Facebook, already down by nearly 50 percent from its offering price to roughly $20, could drop to less than $10, if you consider valuations.
Unemployment rates rise in 44 states in July
Written by Christopher S.Rugaber, Published on USA Today.
Unemployment rates rose in 44 U.S. states in July, the most states to show a monthly increase in more than three years and a reflection of weak hiring nationwide.
Consumer sentiment at three-month high in early August
Written by Leah Schnurr, Published on Reuters.
U.S. consumer sentiment improved in early August to the highest in three months as sales at retailers and low mortgage rates spurred Americans to boost their buying plans, a survey showed on Friday.
Google, Apple to team up and buy Kodak patents, report says
Written by Don Reisinger, Published on CNET.
The companies have reportedly formed a consortium, which includes Samsung and LG, to buy Kodak’s patents and likely keep them out of any potential litigation.
