Airbus sets maiden flight of its first jetliner built in U.S.
NEW YORK (Reuters) – Airbus said on Friday it had scheduled the maiden flight of its first U.S.-built jetliner, an A321 that is due to take off on Monday from a factory in Mobile, Alabama.
VW managers knew of possible penalties in August 2015: Der Spiegel
FRANKFURT (Reuters) – Volkswagen’s VW brand chief and its head of procurement were told in an internal meeting on Aug. 24, 2015 that the German carmaker could face potential penalties of more than $20 billion for the use of illegal software in its vehi…
Twitter to keep 140-character limit, says CEO Jack Dorsey
(Reuters) – Twitter Inc will keep the 140-character limit for tweets, Chief Executive Jack Dorsey said on Friday.
Some documents in Sumner Redstone case to be unsealed: judge
LOS ANGELES (Reuters) – A Los Angeles judge tentatively ruled on Friday that certain documents can be made public in a lawsuit that challenges the mental competency of 92-year-old media mogul Sumner Redstone.
U.S. probe on Wal-Mart finds little sign of bribery in China: Bloomberg
(Reuters) – U.S. prosecutors investigating allegations of bribery by Wal-Mart Stores Inc across the globe have found little evidence of corrupt practices in China, Bloomberg reported.
Lehman employees lose appeal over stock losses from bankruptcy
NEW YORK (Reuters) – Richard Fuld, the former chief executive officer of Lehman Brothers Holdings Inc [LEHLO.UL], is not liable to onetime employees who suffered millions of dollars in losses in company stock as the bank descended into bankruptcy, a fe…
CRH, LafargeHolcim contest final price of 2015 deal
DUBLIN (Reuters) – Building materials companies CRH and LafargeHolcim are contesting the final price of CRH’s acquisition of assets from the Swiss-French company, the two companies said.
Luxury jeweler Tiffany’s profit beats estimates as costs fall
(Reuters) – Upscale jeweler Tiffany & Co reported a better-than-expected profit for the holiday quarter as it raised prices and benefited from lower prices of diamonds, gold and silver.
Argentina, creditors agree $155 million more in default settlement: mediator
NEW YORK (Reuters) – Argentina settled with an additional 115 individual creditors holding defaulted sovereign bonds for $155 million, Daniel Pollack, the court-appointed mediator in the long-running case, said on Friday.
Ford CEO’s compensation jumped 17 percent to $17.4 million in 2015
DETROIT (Reuters) – Ford Motor Co Chief Executive Officer Mark Fields’ salary, bonus and stock awards jumped 17 percent to $17.4 million in 2015, a year in which the auto maker earned a record pretax profit, the company said on Friday.
