Southwest Airlines signs tentative agreement with flight attendants
(Reuters) – Budget airline Southwest Airlines Co said it reached a tentative agreement with a union that represents the company’s flight attendants.
SandRidge overcomes shareholder fight to exit bankruptcy
CHICAGO (Reuters) – SandRidge Energy Inc won court approval for a plan to exit bankruptcy on Friday, overcoming opposition from shareholders who had accused the oil and gas producer of misrepresenting its value.
Caesars mediator resigns in casino unit’s bankruptcy
CHICAGO (Reuters) – The mediator trying to resolve the $18 billion bankruptcy of Caesars Entertainment Operating Co Inc (CEOC) abruptly stepped down on Friday, according to a court filing, adding another twist to the complex case.
Lynn Tilton sues SEC again, calls cases unconstitutional
NEW YORK (Reuters) – Lynn Tilton, the New York financier accused by the U.S. Securities and Exchange Commission of defrauding her investors, on Friday sued the regulator to stop it from pursuing unfair in-house enforcement cases against her and others….
Bill Gross wants Pimco, lawyers punished for ‘bad-faith’ tactics
(Reuters) – Bond fund manager Bill Gross on Friday said Pacific Investment Management Co and its lawyers should be punished for unfairly impeding him from pursuing his $200 million lawsuit against the asset management firm, which he co-founded.
U.S. safety agency urges Galaxy Note 7 owners to stop using smartphone
WASHINGTON (Reuters) – Owners of Samsung Electronics Co Ltd Galaxy Note 7 smartphones should stop using the devices and turn them off because of the threat of a battery fire, the U.S. Consumer Product Safety Commission said on Friday.
GM recalls 4.3 million vehicles over air bag-related defect
(Reuters) – General Motors Co said on Friday it will recall nearly 4.3 million vehicles worldwide due to a software defect that can prevent air bags from deploying during a crash, a flaw already linked to one death and three injuries.
Mastercard sued for $19 billion in Britain’s biggest damages claim
LONDON (Reuters) – Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard demanding 14 billion pounds ($19 billion) in damages for allegedly charging excessive fees, according to court documents filed …
Volkswagen engineer pleads guilty in U.S. diesel emissions probe
DETROIT/WASHINGTON (Reuters) – A Volkswagen AG engineer pleaded guilty on Friday to helping the German automaker evade U.S. emission standards, and his lawyer said he would cooperate with federal authorities in their criminal probe.
Business jet makers deepen discounts to fly out of turbulence
(Reuters) – Business-jet makers such as Bombardier Inc and Textron Inc are offering more discounts and incentives to prevent buyers from canceling orders or delaying purchases amid sluggish global growth, analysts and dealers said.
