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Stephen Elop to get $25 million if Microsoft buys Nokia
Stephen ElopMonday September 23, 2013 9:39AM ET
Former Nokia CEO Stephen Elop will receive $25 million in termination payments if the company's shareholders agree to sell its mobile phone business to Microsoft.
Qingdao Oriental Movie Metropolis officially launched
Qingdao Oriental MovieMonday September 23, 2013 7:39AM ET
A launching ceremony was held on September 22 for the Qingdao Oriental Movie Metropolis, a film and television industry project with the world's largest investment funded by a total investment of more than 50 billion yuan from the Wanda Group.
AT&T buys Tele-Network's U.S. retail wireless operations
Atlantic Tele-NetworkMonday September 23, 2013 5:39AM ET
AT&T closed its acquisition of Atlantic Tele-Network, Inc.'s U.S. retail wireless assets operated under the Alltel brand.
Shah Deniz major sales agreements with European gas purchasers
Shah DenizMonday September 23, 2013 3:39AM ET
The Shah Deniz consortium announced that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project.
BASF to buy Verenium
VereniumMonday September 23, 2013 2:30AM ET
Verenium Corporation has entered into a definitive merger agreement with BASF Corporation, a leading chemicals company, under which BASF will commence a cash tender offer for all of the outstanding shares of Verenium's common stock.
Cadiz to bring steam train back to life
CadizFriday September 20, 2013 11:59AM ET
Cadiz Inc. has entered into a new trackage rights agreement with the Arizona & California Railroad Company (ARZC). Cadiz will put on tracks steam train excursions through the Mojave Desert between Cadiz, California and Parker, Arizona.
U.S. Bank to give $50,000 to the American Red Cross
U.S. BankFriday September 20, 2013 10:09AM ET
U.S. Bank is supporting relief efforts for victims of flooding in the western states by contributing $50,000 to the American Red Cross, accepting donations at U.S.

 

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