Teddy Bears are banned in Belarus – so democracy activists fly them in

On Thursday, Belarus President Alexander Lukashenko confirmed that a small aircraft piloted by democracy activists had violated Belarusian airspace in July when it crossed over from Lithuania. The aircraft was carrying a cargo of teddy bears, which parachuted into the Belarusian capital, Minsk, on July 4. Lukashenko was peeved at his military commanders and air traffic control …

Kayak to IPO under the name KYAK, valued at $1 billion

Kayak is expected to start trading tomorrow, after waiting nearly a year for the turbulent IPO waters to subside. Later this afternoon, Kayak is planning to sell 3.5 million shares at $22 to $25 each, to raise as much as $100 million, according to its latest document filed with the Securities and Exchange Commission. But …