Biz/Tech
Delta Air Lines Entices Business Fliers with On-Time Service, Promises to Pay if They Don't Deliver Better than Rivals
Delta Air Lines, Inc. is banking on its rate as being an on-time airline that beats its rivals to entice business fliers to fly with them, according to a report from Bloomberg.
Latest News
Bristol-Myers Buys Promedior for about $1.25 Billion, Beefs Up Fibrosis Drug Pipeline
Bristol-Myers Squibb Company has announced that it has granted an exclusive right to acquire Promedior, Inc., a clinical stage immunotherapy company pioneering the development of targeted therapeutics to treat fibrotic diseases, for about $1.25 billion, according to a press release issued by Bristol-Myers Squibb.
Angry Bird Maker Stock Market Debut Uncertain as It Cuts 260 Jobs Amid Business Challenges
Mobile game maker Rovio may have a harder time executing its stock market debut as the company's struggles continue, as it warned of lower earnings and said it will reduce a third of its staff.
Ageas Sells Hong Kong Unit to JD Capital, Will Focus on SE Asia
Belgian insurer Ageas said on Sunday it will sell its Hong Kong business to China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), Reuters reported.
Volkswagen Ordered by Arbitrators to Sell Suzuki Shares as Soured Partnership Fails to Yield Joint Project
Arbitrators have ordered German carmaker Volkswagen AG to sell its 20 percent stake in Suzuki Motor Corp. worth 463 billion yen ($3.8 billion) as the two companies decided to break up a partnership due to irreconcilable disputes.
Berkshire Hathaway Buys $4.5 Billion Stake in Oil Refiner Phillips 66 Despite Slumping Crude Prces
Warren Buffet's Berkshire Hathaway Inc appears to be bullish in the prospects of the oil industry despite slumping crude prices, as it bought a more than a tenth of oil refiner Phillips 66, Reuters reported.
U.S. Consumer Spending Rose in July But Sentiment Slides IN August
Powered by improving wages and investments, U.S. consumers continued to spend in July despite the economic turmoil around the world.
U.S., Other Markets to Get More Car Shipments as Demand in China Dips Amid China
German carmakers are considering shipping more vehicles to the United States rather than China as demand in the Asia nation is expected to slow due to its slumping economy and turbulent financial markets.
Syngenta on Lookout for Partners to Boost Business With Shareholders Upset Over Monsanto Rejection
Swiss agrichemicals firm Syngenta AG is on the lookout for partners that can improve its product offerings after it turned down the acquisition offer of U.S. seed seller Monsanto Co. despite a number of shareholders supporting the deal.
Ashley Madison CEO Resigns as Hackers Leak More Information Including Private Emails
The chief executive of Avid Life Media Inc., the company that owns infidelity website Ashley Madison has stepped down, has resigned weeks after hackers made public information of its 37 million subscribers.
Most Read
