Proterra Unveils Electric Bus

Proterra, a maker of electric vehicles, unveiled an all-electric bus that can charge in 10 minutes.

The company unveiled its EcoRide BE35 at its plant in Greenville, S.C., on Dec. 16.

The bus will offer a fivefold improvement in fuel efficiency com…

Investigators Expand Probe into Hewlett-Packard

Hewlett-Packard (HPQ) said that prosecutors investigating charges of bribery in Russia have expanded the probe to other regions.

The Justice Department and SEC are examining if HP engaged in illegal activities related to deals in Russia, Serbia and t…

Founder of Blackwater to Sell Security Company

The founder of private security company Xe Services, previously known as Blackwater Worldwide, plans to sell the company to a group of investors based in Los Angeles.

Xe Services has come under intense pressure in recent years, with rumors that the U…

Global M&A Hit $2.25 Trillion in 2010

Mergers and acquisitions reached $2.25 trillion worldwide in 2010, and the industry is gearing up for more in 2011.

This was the first year since 2007 that the mergers industry has posted positive growth, Reuters reported. Deals in emerging markets …