Aetna will spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul.
San Jose-based Altera specializes in programmable chips for all sorts of things like cars, industrial uses and communications applications, and its been making solid inroads into data centers, an area of strength for Intel as the world’s biggest chipmaker looks to expand beyond the weakening PC business and also make inroads into mobile, where it lost $4-billion last year, and is forecasting another $3-billion dollar loss this year.
Two Bay Area businesses with major cult followings will join forces as Blue Bottle Coffee of Oakland and Tartine Bakery of San Francisco have announced a merger.
The Federal Aviation Administration authorized American Airlines and U.S. Airways to operate as a single carrier on Wednesday.
Kraft is expected to undergo cost-cutting under the management of 3G Capital. John Cahill, CEO of Kraft, noted that the new management would drive a “much leaner organization.”
Apple may be in the market to buy Tesla, according to the rumor mill.
SAN FRANCISCO (CBS SF) — San Francisco-based ticketing service Ticketfly has acquired a fellow San Francisco company, the last-minute discount ticket selling application WillCall. Ticketfly has gradually burgeoned to become the second largest concert ticket seller in the […]
Priceline is buying online restaurant reservation company OpenTable for $2.6 billion. The deal should help Priceline, the online travel company, branch out into a new business segment.
Safeway says it has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner of Albertsons and several other supermarket chains.
Facebook is buying mobile messaging service WhatsApp for up to $19 billion in cash and stock, by far the company’s largest acquisition.