THE EXETER CONSULTING GROUP

Goldman Sachs is closing its Principal Strategies group, which trades using the firm’s own money, Bloomberg News reported Friday.

A fire at a Mariner Energy platform in the gulf raised concerns that Apache might exercise the material adverse change clause in their merger agreement. But the Deal Professor says there is no cause for MAC litigation.

The onetime lieutenant of Eliot Spitzer is now being backed by financiers as the next attorney general of New York, The Financial Times reports, citing an analysis of campaign contributions.

Three of 3Par’s earliest backers have reaped about $560 million from the bidding war between Dell and Hewlett-Packard over the data storage company.

How the stimulus is changing America; Depression economics; an American (start-up) in Paris

Nine months after his ouster from G.M., Fritz Henderson will lead Sunoco’s spinoff of its coking unit and eventually become the division’s chairman and chief executive.

Basis Capital, an Australian hedge fund suing Goldman Sachs for $1 billion for losses related to credit default swaps, made the deal in Australia and can’t sue in the United States, Goldman Sachs has said, Bloomberg News reports.

Goldcorp, the Canadian gold mining company, said Friday that it would buy its Australian rival, Andean Resources, for 3.6 billion Canadian dollars in cash and stock, beating out an all-share offer from Eldorado Gold.

Petroleo Brasileiro, Brazil’s state-controlled oil company, may raise as much as $75 billion in a sale of new voting and preferred shares as part of a stock-for-oil swap with the government, Bloomberg News reported.

Shares in Ping An Insurance climbed after TPG Capital’s Asian unit sold the remainder of its stake in China’s second-biggest insurer, Bloomberg News reported.

Chinese investors approached Alberta Investment Management to consider a joint counterbid for Potash of Saskatchewan, the Canadian pension fund’s chief executive officer said.

When a German banker and former government official spoke publicly about a unique “Jewish gene,” when he attacked Islam as a source of violence and stunted development and when he espoused genetic theories that evoked the Nazi past, the political leadership quickly called for him to be fired.

When a German banker and former government official spoke publicly about a unique “Jewish gene,” when he attacked Islam as a source of violence and stunted development and when he espoused genetic theories that evoked the Nazi past, the political leadership quickly called for him to be fired.

VChatter, a video chat startup led by online dating pioneer Will Bunker, has raised $250,000 in seed funding, VentureBeat reported.

VChatter, a video chat startup led by online dating pioneer Will Bunker, has raised $250,000 in seed funding, VentureBeat reported.