Originally published on Thu September 12, 2013 1:33 pm
While most of us were distracted waiting for a gold iPhone — gold! — the billionaire industrialist Koch brothers quietly made a deal to acquire an electronics company for $7.2 billion. The company they bought? Molex.
Dell Inc. shareholders, as expected, have approved founder Michael Dell's $25 billion offer to take the company private, ending a protracted battle that saw billionaire investor Carl Icahn mount his own takeover bid for the computer maker.
Originally published on Thu September 12, 2013 2:25 pm
Washington, D.C., Mayor Vincent Gray has vetoed a controversial "living wage" bill that would have forced large retailers such as Wal-Mart to pay a 50 percent premium on the district's $8.25 per hour minimum wage.