Takata enlists restructuring lawyers: WSJ
(Reuters) – Japanese air bag maker Takata Corp enlisted restructuring lawyers at law firm Weil Gotshal & Manges LLP amid recalls covering millions of vehicles, the Wall Street Journal reported, citing people familiar with the matter.
Home Depot settles consumer lawsuit over big 2014 data breach
(Reuters) – Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.
Citigroup markets, investment banking revenue slow: CFO
NEW YORK (Reuters) – Citigroup Inc first-quarter markets revenue is running 15 percent lower than a year earlier and its investment banking revenue is off by 25 percent, Chief Financial Officer John Gerspach said on Tuesday.
EU regulators to decide on Halliburton, Baker Hughes deal by July 11
BRUSSELS – European Union antitrust enforcers have resumed their investigation into U.S. oilfield services provider Halliburton Co’s proposed takeover of Baker Hughes and will decide by July 11 whether to approve the $35 billion deal.
iHeartMedia hires Moelis to tackle debt burden – sources
(Reuters) – iHeartMedia Inc has hired Moelis & Co as a financial adviser, the most significant step yet by the largest owner of U.S. radio stations to deal with its $21 billion debt pile, according to people familiar with the matter.
American Airlines to ax newly reinstated Caracas-New York route
CARACAS (Reuters) – American Airlines said on Tuesday it will ax its Caracas to New York route on April 4 due to low demand just over three months after reinstating it.
Shake Shack shares slide as growth slows
(Reuters) – Shake Shack Inc’s shares fell as much as 11 percent in early trading on Tuesday, a day after the hamburger chain reported the slowest sales growth at established restaurants in a year.
Venezuela military company to start services to PDVSA in weeks
CARACAS, Venezuela (Reuters) – Camimpeg, a new company formed by Venezuela’s military, will begin providing state oil producer PDVSA with services including drilling, logistics and security in less than a month, a senior defense official said in an int…
Odebrecht, OAS ex-CEOs mull collaborating in Brazil probe: paper
BRASILIA (Reuters) – The former chief executives of major Brazilian builders Odebrecht SA [ODBES.UL] and OAS Empreendimentos SA [OAS.UL] could strike plea bargain deals with prosecutors in the Petrobras probe, newspaper O Globo reported on Tuesday.
United Airlines to buy 25 single-aisle Boeing aircraft
(Reuters) – United Airlines said it would buy 25 single-aisle aircraft from Boeing Co in addition to the 40 it had ordered earlier.
