Google Inc. Chief Executive Officer Larry Page and Chairman Eric Schmidt are among the backers of a venture to mine asteroids for trillions of dollars of precious metals, as Earth’s resources become strained.
Aug. 8 (Bloomberg) -- Planetary Resources Inc., an asteroid-mining venture backed by Google Inc. executives, said it added more billionaire investors and is nearing a partnership agreement with a "top-10" mining company. Planetary Resources co-founder Eric Anderson talks about his company on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Brazil’s Bovespa stock index retreated for a second day, erasing an earlier advance, as Vale SA fell and credit-card processors sank after Redecard SA reported earnings that missed analysts’ estimates.
Apple Inc. said it may face as much as 2 billion euros ($2.7 billion) in lost sales if a German court rules in favor of Motorola Mobility Holdings Inc. in a patent-infringement case over mobile devices.
Deutsche Bank AG ’s co-head of Americas real estate investment banking, Paul Whyte , left for Credit Suisse AG , marking at least the 10th managing-director departure from the firm in that region this year.