MONTREAL/PARIS (Reuters) – Bombardier Inc and Airbus SE named new leaders for the CSeries jetliner program on Wednesday, in a further step towards finalizing a deal for the European planemaker to take control of the Canadian project, according to memos seen by Reuters.
NEW YORK (Reuters) – U.S. stocks briefly rose but returned to negative territory on Wednesday after the Federal Reserve left interest rates unchanged in its policy announcement.
BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place.
(Reuters) – Cambridge Analytica, the data firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent firm SCL Elections Ltd are shutting down immediately, the company said on Wednesday.
Gwen Preston explains potential risks facing new mining operations
A cracked window forced a Southwest Airlines plane heading from Chicago to New Jersey to land in Cleveland on Wednesday, just two weeks after a jet engine blew apart and broke a window in a deadly accident aboard another Southwest flight. There were no reports of injuries after Flight 957 landed safely after making an abrupt turn toward Cleveland while over Lake Erie, according to tracking data from FlightAware.com. Dallas-based Southwest said that the plane was diverted to examine damage to one of the three layers in the window, but didn’t immediately release details on how it was …read more […]
NEW YORK (Reuters) – U.S. stocks edged higher on Wednesday after the Federal Reserve released its policy announcement, leaving interest rates unchanged.
(Reuters) – The Cambridge Analytica consultancy at the center of this year’s Facebook privacy row is closing, the Wall Street Journal on Wednesday reported the founder of the firm’s UK-based parent as saying.
WASHINGTON (Reuters) – The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank’s target would be sustained, leaving it on track to raise borrowing costs in June.
(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the U.S. printer company’s $6.1 billion sale to Japan’s Fujifilm Holdings , people familiar with the matter said on Wednesday.
The incident occurred just weeks after Southwest Flight 1380 made an emergency landing in Philadelphia when an engine failure blew out one of its windows, nearly sucking a passenger out of the cabin. Airplane windows are rather durable and are made up of multiple layers. On Wednesday, Southwest Airlines Flight 957 was forced to divert to Cleveland after the outside pane on one of its windows failed. …read more […]
MONTREAL/PARIS (Reuters) – Bombardier and Airbus named the top leaders for the CSeries program, in a further step towards finalizing a deal in which the European planemaker will take control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.
(Reuters) – Buyout firm Apollo Global Management LLC has approached Xerox Corp to express interest in a possible acquisition, casting new uncertainty over the latter’s sale to Japan’s Fujifilm Holdings , people familiar with the matter said on Wednesday.
MONTREAL, PARIS (Reuters) – Bombardier and Airbus unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.
McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal. More than 50 percent of McDermott shareholders supported the merger and approved a 3-to-1 reverse stock split, according to a spokesman. CB&I shareholders also voted in favor the deal, the companies said, and the combination is expected to close on May 10. …read more […]
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