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The all-share deal values Friends at 79.4p a share but there will be a cash alternative for the first 2,500 shares held by investors - benefiting around 700,000 smaller shareholders in the business.

This weekend, two Boeing F/A-18 Super Hornet fighters will land in Bangalore for flight trials by the Indian Air Force (IAF), an eight-month-long selection process, involving six different aircrafts, to zero in on a multi-role medium fighter for the IAF.

JetBlue Airways will offer an 'all-you-can-jet' pass for $599 in which passengers can book an unlimited amount of flights within a one-month span, the airline said Wednesday.

Air Passengers Free To Walk About Cabin _ Or Dance In Aisles _ With Free In-flight Concert

Investors will invest in a service that's pretty successful amongst users and Boxee is pretty  well known. The service has raised $6 million in second round of funding. The round was led by General Catalyst Partners and the cash raised will be used  to expand the service further and hire fresh blood. I understand that it's quite successful but the space between its two rounds of funding is a mere eight months. The startup is still looking to push its software's beta version which has been in the tests for quite a long time. Boxee's board will also be welcoming General Catalyst's Neil Sequeira to take  seat. Tags: boxee, funding Related posts YuMe grabs raises another $2.9 Million in funding for its Video Ad network (0) Wonga raised $22.5 Million for its short term loan service (0) VoIP startup Ooma raises $14 Million (0) Vindicia raises $7.5 Million for its Payment management software (0) Twitter’s desktop client, Tweetdeck raises $3.2 Million in funds

US Airways announced plans to beef up its presence at Washington's Reagan National Airport, the result of an exchange of airport flight slots with Delta Air Lines.

American International Group , seeking to raise cash to repay bail-out loans, has agreed to sell its Hong Kong consumer finance business to China Construction Bank , the country's second-biggest lender.

US retail sales probably rose +0.5% mom in July after a gain of +0.6% in the previous month. Leading the growth was increase in auto sales as driven by the ?cash for clunkers' program, although surge in gasoline price damped sales in gas station which partly offset the overall headline...

The Sinochem Board of Directors and the Emerald Board of Directors announce the terms of recommended Proposals for an all cash acquisition by Sinochem Resources UK Limited of the entire issued an

Fidelity Select Automotive is up 100% year to date thanks to Uncle Sam's Cash for Clunkers program and Ford's recent run.