Halliburton Baker Hughes deal ends may spark industry shakeout
The collapse of the Halliburton and Baker Hughes tie up could trigger consolidation as oilfield services firms slash costs amid low prices. Baker Hughes will cut 500 million, Halliburton pays 3.5 billion breakup fee. both firms resilient though debt repayment and buybacks proceed. DOJ blocked the 34 billion merger, regulator scrutiny rises with energy companies watching for next moves.
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Halliburton
Baker Hughes
U.S. Justice Department
Deutsche Bank
Mike Urban
Jim Milligan
Olivetree Securities
Obama
Milligan
David Gelfand
Justice Department
Antitrust Division
Gelfand
International Paper to buy Weyerhaeuser pulp unit
Memphis based International Paper will acquire Weyerhaeuser pulp business for 1.9 billion dollars, including a 300 million tax benefit, with closing expected in Q4. Weyerhaeuser employs around 1,900 workers across Mississippi, Georgia, North Carolina, Canada and Poland.
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International Paper
Federal Way
Wash
Weyerhaeuser
Mississippi
Georgia
North Carolina
Canada
Poland
Foursquare stakes future on growth amid tougher funding
Startups shift to profitability as funding tightens. Foursquare aims to triple market valuation despite a 60 percent cut in its last round. Venture backers warn many founders face a reckoning as IPOs fade, valuations fall, and capital dries up.
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New Orleans
Hightech
Foursquare
Wall Street Journal
Saar Gur
Charles River Ventures
USA Today
Ray de Datta
BloomReach
Glueck
Dennis Crowley
PricewaterhouseCoopers
National Venture Capital Association
Execs
Dell
SecureWorks
Tech
Shuddle
Gilt Groupe
Hudson Bay
Saks Fifth Avenue
Birchbox
Shama Hyder
Bitcoin founder claims reveal narrows mystery
Australian businessman Craig Wright says he created Bitcoin, identified as Satoshi Nakamoto. The post outlines cryptographic proof, with media access and support from Gavin Andresen, yet experts doubt without a standalone Satoshi signature.
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Craig Wright
Wright
Satoshi Nakamoto
The
BBC
Economist
Bitcoin
Bitcoin Foundation
Gavin Andresen
London
Andresen
Satoshi
Cornell University Computer Science
Emin Gun _ Sher
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Tory Johnson
Spark & Hustle
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Institute For Supply Management
DOW Jones Industrial
Ey O
Marketwatch.com
USA
Robert
Finance & Accounting Survey
Jae Yang and
Veronica Bravo
Swartz
Jeff Glueck
Jon Swartz
Thomson Reuters
Kris Kinkade
Karen Bleier
AFP
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