Paragon Space Development is searching for recruits for a mission to Mars. Specifically, the company wants a man and a woman past child-bearing age, because the journey will take 501 days. The trip will begin in 2018, when Mars is unusually close to Earth.
The range of legal liability attached to the CFO is widening, making the position riskier than ever, write John Carney and Francesca Harker of BakerHostetler. They note that the Securities and Exchange Commission "increasingly is pursuing claims against CFOs that do not allege actual wrongdoing" by targeting subordinates' action and alleging that the CFO "either certified the resulting reports or failed to implement adequate internal safeguards."
Rumors that China's state-owned aluminum giant Chinalco planned to buy a chunk of BHP Billiton sent the mining company's shares up more than 4% in Australia. In February, Chinalco teamed with U.S.-based Alcoa to take a 9% stake in rival miner Rio Tinto. The deal was seen as Beijing's effort to block BHP Billiton's $168 billion takeover of Rio Tinto.
Chinese mining group Chinalco and U.S. aluminum maker Alcoa have bought 12% of mining giant Rio Tinto. Friday's announcement came days before a deadline for BHP Billiton, the world's biggest mining company, to make a firm offer for Rio Tinto or to drop its proposed takeover.