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You can now buy Paul Allen's superyacht — if you have $325 million

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You can now buy Paul Allen's superyacht — if you have $325 million

(CNN) — If you’ve ever wanted to own a 414-foot luxury superyacht that once belonged to late Microsoft co-founder Paul Allen, now you can — for $325 million. The Octopus, listed for sale by yacht broker companies Fraser and Burgess, was one of Allen’s …
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What's left of Sears and Kmart

New York (CNN Business) Sears, the 133-year-old company that was once the jewel of American retail, continues its slow and precipitous decline. It keeps shuttering Sears and Kmart stores, even after emerging from a bankruptcy designed to salvage the …
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British Airways Cancels 'Nearly 100 Percent' Of Flights Due To Pilot Strike

Faced with the prospect of a widespread pilot strike, British Airways is giving its customers some simple advice: “please do not go to the airport.” “After many months of trying to resolve the pay dispute, we are extremely sorry that it has come to this,” the airline …
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Saudi Arabia's ACWA Power to focus more on renewable energy projects – CEO

ABU DHABI (Reuters) – ACWA Power plans to focus more on renewable energy projects, lifting their share of its portfolio to 70% over the next decade, its chief executive and president said on Monday. FILE PHOTO: Saudi Acwa Power-generating windmills …
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Exxon agrees to sell Norway oil and gas assets for $4 billion, sources say

Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, in a move that marks the U.S. firm’s exit from production in the country where it has operated for more than a century, three sources familiar with the matter said on Thursday.
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