UPDATE 1-U.S. settles last Swiss bank case in $1.3 bln program

Jan 27 (Reuters) – The U.S. Justice Department announced the final settlement on Wednesday in a program, valued at more than $1.3 billion, that has allowed Swiss banks to avoid possible prosecution…

UPDATE 1-China Investment Corp joins rival bidder for Australia’s Asciano

SYDNEY, Jan 28 (Reuters) – Australian port operator Qube Holdings Ltd said the state-owned China Investment Corp joined its consortium as it made an A$8.9 billion ($6.25 billion) offer for ports and…

UPDATE 1-China Investment Corp joins rival bidder for Australia’s Asciano

SYDNEY, Jan 28 (Reuters) – Australian port operator Qube Holdings Ltd said the state-owned China Investment Corp joined its consortium as it made an A$8.9 billion ($6.25 billion) offer for ports and…

FOREX-Dollar handles Fed with poise; kiwi ruffled by RBNZ

SYDNEY, Jan 28 (Reuters) – The U.S. dollar turned mixed on Thursday after the Federal Reserve offered little in the way of surprises, in contrast to New Zealand’s central bank, which flung open the…

Let’s Meet In Pittsburgh Tomorrow

Austin Meetup I will be in Pittsburgh tomorrow for Quit Yer Pitching’, pitch-off in the heart of Iron City. I’d like to see yuns there. As a CMU grad Pittsburgh is near and dear to my heart. From the O to the Beehive (RIP) some of my formative years were spent in a stupor of coffee and fat. I want to see what you guys are up to in PGH and want to eat some Primanti Brothers, in that order. You… Read More

Aereo founder’s next business: Wireless gigabit home Internet

A startup led by the founder of Aereo says it plans to sell wireless Internet service with speeds of 1Gbps in Boston and then other cities.

Project Decibel was founded by Chet Kanojia, the founder and CEO of the ill-fated TV-over-the-Internet startup Aereo. While Aereo was doomed by a copyright battle with television networks, Kanojia is giving it a shot in the home Internet market dominated by cable companies and telcos.

Project Decibel’s “Starry” Internet service “will launch its first beta in the Greater Boston area in the summer of 2016,” with additional cities being announced later in the year, the company said. Project Decibel is based both in Boston and New York City.

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Coffee Holding sees JAB’s Keurig buyout as potential risk

NEW YORK, Jan 27 (Reuters) – Coffee Holding Co Inc, a New York-based coffee merchant and roaster, said major customer Keurig Green Mountain’s plans to go private could put the two companies’…

Coffee Holding sees JAB’s Keurig buyout as potential risk

NEW YORK, Jan 27 (Reuters) – Coffee Holding Co Inc, a New York-based coffee merchant and roaster, said major customer Keurig Green Mountain’s plans to go private could put the two companies’…