Watching which way the talent is flowing in Silicon Valley can tell investors a lot. Even if a big brain drain isn’t a sure death knell for a major player, it can’t be ignored. And during the last couple of years, a lot of tale…
Shares in Asia slid lower Friday as investors reacted to Chinese government moves to tighten credit and clamp down on inflation. In Hong Kong, the Hang Seng Index fell 0.8% to 22,877, and in China, the Shanghai Composite sank 0…
Three years after it went private in a management buyout, Texas-based Kinder Morgan, which provides transportation and storage for oil and natural gas, has filed for an initial public offering worth as much as $1.5 billion. Is …
Harrah’s Entertainment, the world’s largest casino operator, said it is no longer “pursuing its initial public offering of common stock at this time due to market conditions.”
The casino giant, which had been planning a $532 million IPO, according to…
Following General Motors’ historic return as a publicly traded company Thursday, President Obama said the U.S. government, despite the many critics, is on track to more than recoup the nearly $50 billion it invested in the Detr…