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(Reuters) – Chinese online book and media retailer E-Commerce China Dangdang Inc’s chief executive, Guoqing Li, and Chairwoman Peggy Yu Yu offered to take the company private. The all-cash offer of $7.812 per American Depositary Share represents a 20 percent premium to the stock’s Wednesday closing price of $6.51, the company said on Thursday. (The story adds dropped word “percent” in second paragraph and media packaging code) (Reporting By Arathy
Technology has become so indispensable that when it breaks down, people’s lives go haywire, too.
Grease is the word for Aaron Tveit. The Graceland star has been cast as Danny Zuko in Fox’s Grease Live, E! News has confirmed. “I’m thrilled and honored to be joining this…
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– Someone had better get a wet vac to our office, stat, because upon seeing Volkswagen’s just-unveiled Golf-based race car concept, drool flowed in torrents. Torrents, people! Besides looking like a GTI that’s gone on an intake bender, pumped up its guns at the gym, and popped some roll-cage Viagra, the Golf’s most notable feature is that it’s just a Golf, sort of. There is no “R” badging anywhere, and
LUXEMBOURG/ATHENS (Reuters) – The European Union’s chairman joined growing international calls for Greece to be granted debt restructuring as part of any new loan deal if it delivers convincing reforms to avert imminent bankruptcy. The call was an implicit challenge to Germany, Athens’ biggest creditor, which has so far ruled out any write-offs as illegal and taken a restrictive view of reprofiling the debt to help Greece over a major
The South Carolina House voted in the wee hours of Thursday morning to approve a bill removing the Confederate flag from the Statehouse grounds following a contentious debate that lasted more than 13 hours. But it was a fiery 4-minute speech by Rep. Jenny Horne, a Republican state representative and descendant of Confederate President Jefferson Davis, that is being credited with moving her fellow lawmakers to agree to take it
Iran and six world powers were close to an historic nuclear agreement on Thursday that could resolve a more than 12-year dispute over Tehran’s nuclear ambitions.
It’s a stunning reversal in a state that was the first to leave the Union in 1860 and raised the flag again at its Statehouse more than 50 years ago to protest the civil rights movement.
Katie Couric takes a closer look at what many are calling the biggest book event of the decade, the July 14 publication of Harper Lee’s long lost first novel Go Set a Watchman.