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After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

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D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000

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China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

D.C.'s affordability headache has a silver bullet, new study shows: Tackling $40 trillion national debt would boost household income by $36,000

3

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 24, 2012, 3:09 PM ET
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HSBC has sold its Latin American banking operations in Costa Rica, El Salvador and Honduras to Colombia’s Banco Davivienda for $801 million. www.hsbc.com

InterDigital Inc. (Nasdaq: IDCC) said that it has called off a sale of its patent portfolio. Interested suitors had included Apple, Nokia and Qualcomm. www.interdigital.com

Reliance Communications, maker of the SchoolMessenger communication service, has acquired AnComm Inc., creator of an “anonymous communication service that allows students to text message or email dialogue with school staff members.” Reliance shareholders include Chicago Growth Partners and Emerson Street Partners.

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