Redmond sex-abuse suspect was Bend PD courier

A 41-year-old Redmond man arrested on charges of sexually abusing a young girl had been a Bend Police Department volunteer mail courier for nearly three years, but officials said Friday they have no reason to believe he had contact with children in that role.

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What is an IPO?

POSTED: 8:49 AM PST February 2, 2012    UPDATED: 7:39 AM PDT July 28, 2014 

As Virgin America file for an IPO, find out more about an initial public stock offering and what it means for a company.

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What exactly is an IPO and what does it means for the company? The Economic Times helps explain this complex process as Virgin America files for its initial public stock offering.

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