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Bloomberg News

Bloomberg News

October 17, 2011 | Daily Business Review

New World Symphony, Met Opera donations surge

The Miami-based New World Symphony, which is pursuing a $200 million capital campaign to expand its campus, had the largest percentage increase in private gifts last year, according to a survey released Monday.

By Bloomberg News

2 minute read

June 05, 2012 | Daily Business Review

Loews plans $70 million renovation of Regency in New York

Loews Corp., is planning to upgrade the Regency Hotel, its 354-room luxury property on Park Avenue in Manhattan, and expects to be completed by February 2014, when the National Football League's Super Bowl will be held nearby.

By Bloomberg News

2 minute read

May 03, 2012 | Daily Business Review

Temasek raises $2.48 billion selling China bank shares

Temasek Holdings, Singapore's state-owned investment company, sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corp. less than a month after investing in their larger rival.

By Bloomberg News

4 minute read

December 16, 2011 | Daily Business Review

Foreclosure filings decline as holiday moratorium extends delays

U.S. foreclosure filings fell last month as delinquent homeowners got a holiday break, RealtyTrac reported.

By Bloomberg News

3 minute read

November 10, 2011 | Daily Business Review

PepsiCo buys Brazilian cookie-maker Mabel to boost snacks unit

PepsiCo Inc., the world's largest snack company, bought cookie and cracker maker Grupo Mabel in Brazil for an undisclosed price to strengthen sales in Latin America's emerging markets.

By Bloomberg News

1 minute read

October 11, 2012 | Daily Business Review

Bain Capital buys maker of Craftsman tools for $1.6 billion

The acquisition of Apex is the largest this year for Bain, which has participated in announced deals worth $4.7 billion in 2012. It has dozens of its own brands, including GearWrench ratchets, and makes some of the tools sold by Sears.

By Bloomberg News

3 minute read

April 23, 2012 | Daily Business Review

MGIC posts $19.6 million loss as borrowers struggle on loans

MGIC Investment Corp., the mortgage insurer that requested waivers from its regulator to keep writing new policies, was unprofitable for a seventh straight period as homeowners struggled to make their payments.

By Bloomberg News

3 minute read

June 19, 2013 | Daily Business Review

Commerzbank To Cut 5,200 Jobs To Increase Profit

Commerzbank AG, Germany's second-largest lender, said it plans to eliminate the jobs by 2016 to bolster profit.

By Bloomberg News

1 minute read

November 27, 2012 | Daily Business Review

Rolls-Royce cars plots growth as wealth spread flouts crisis

Rolls-Royce, the ultra-luxury car brand owned by Bayerische Motoren Werke AG, plans to increase outlets by 14 percent within five years as it chases growing numbers of wealthy customers.

By Bloomberg News

3 minute read

December 03, 2012 | Daily Business Review

Virgin ready for alliance as Delta may buy stake

Virgin Atlantic Airways Ltd. may end a decade of flying solo as Singapore Airlines Ltd. considers selling its 49 percent stake.

By Bloomberg News

2 minute read