Deals firm Living Social says no plans for IPO

Living Social, the number two US online deals firm, indicated Wednesday it had no immediate plans for an initial public offering, saying it had sufficient funds to expand its operations.

US inventor claims design for BP well cap stolen

(AP) — An inventor claims his design was the basis for the cap used to choke off the flow of oil to the Gulf of Mexico nearly three months after BP's undersea well blew in 2010. And he says it was stolen.

1,800 British firms to report greenhouse-gas emissions

All 1,800 firms listed on the London Stock Exchange's Main Market will be required to list their greenhouse-gas emissions from next April, British Deputy Prime Minister Nick Clegg said at the Rio+20 summit on Wednesday.

Microsoft shows off Windows 8 for smartphones

Microsoft on Wednesday ramped up its push to regain ground in the precious mobile computing market by giving developers a "sneak peek" at new Windows software for smartphones.

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