Global business: Berkshire spends $5.6bn on NV Energy, Google challen...


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Financial Times
Global Business
Thursday May 30 2013

Companies news and analysis - FT.com
 
Berkshire spends $5.6bn on NV Energy
NV Energy will be combined with MidAmerican, a power company owned by Warren Buffett's Berkshire Hathaway, boosting its presence in the southwest
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/52NMOT/FW/h?a1=2013&a2=5&a3=30
 
Google challenges Apple with 'hero' phone
New handset will go on sale later this year and will be part of a campaign to drive down the cost of smartphones and end the high profit margins companies like Apple have enjoyed,
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/RP4TR9/FW/h?a1=2013&a2=5&a3=30
 
Swiss act to dilute bank secrecy laws
Government bows to the inevitable amid intense US pressure by temporarily weakening the nation's once impregnable rules
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/IE0JK5/FW/h?a1=2013&a2=5&a3=30
 
Goldman adapts to satisfy 1920 maritime law
The bank, which owns two ferries, said in a regulatory filing this week that it has increased the number of board members required to hold a valid board meeting
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/LS2NIA/FW/h?a1=2013&a2=5&a3=30
 
Shuanghui hopes $7bn deal will allay produce fears
The deal gives the Chinese company the helpful imprimatur of a foreign name, which can help dispel some distrust consumers feel towards local produce
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/CWHY7T/FW/h?a1=2013&a2=5&a3=30
 
Worrying future for innovation in Europe
The region's share of global manufacturing and R&D is falling. And the number of patent applications registered in Europe has also gone down
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/IE0JKA/FW/h?a1=2013&a2=5&a3=30
 
Dish considers rival cash offer for Clearwire
The company led by Charlie Ergen is wrangling with SoftBank as both companies try to acquire Sprint, the third largest wireless provider in the US
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/4VF76P/FW/h?a1=2013&a2=5&a3=30
 
Space miner looks to Kickstarter for funds
The Silicon Valley-backed group has set a campaign goal of $1m for a "crowdfunded" telescope to be launched into orbit in early 2015
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/87UWV3/FW/h?a1=2013&a2=5&a3=30
 
Ousted O'Reilly opts for 9 to 5 showbiz life
Ex-chief of Ireland's Independent News & Media group to run London-based music stars' booking company that is responsible for more than 2,000 artists
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/7ZP4C1/FW/h?a1=2013&a2=5&a3=30
 
SEC fines Nasdaq $10m for Facebook failure
The fine marks the most aggressive action taken by the Securities and Exchange Commission on a US market operator
http://link.ft.com/r/S4XZQQ/DXPXGA/C51OYF/ZGLKHH/4VF76F/FW/h?a1=2013&a2=5&a3=30
 
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