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U.S. crude oil prices dip after unexpected rise in stockpiles

December 2, 2015 by · Leave a Comment 

Crude prices dipped in early Asian trading hours on Wednesday as U.S. stockpiles rose against expectations, compounding a glut that is seeing hundreds of thousands barrels of oil being produced every day in excess of demand. The increase …

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U.S. crude oil prices dip after unexpected rise in stockpiles

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Cyber Monday sales top $3 billion as discounts spur buyers

December 2, 2015 by · Leave a Comment 

Shopping through mobile devices soared on Cyber Monday, accounting for more than a quarter of the $3 billion in sales, but many online retailers struggled to get visitors using smartphones and tablets to shop as much as those using desktops. Bigger-than-expected discounts …

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Cyber Monday sales top $3 billion as discounts spur buyers

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

December 2, 2015 by · Leave a Comment 

Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. The three private equity firms are vying for Dell's Quest Software, which helps with information technology management, as well as SonicWall, an…

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation

December 2, 2015 by · Leave a Comment 

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Mark Zuckerberg will put 99 percent of his Facebook Inc shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the…

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Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation