AT&T-DirecTV deal unlikely to be blocked: WSJ
(Reuters) – AT&T Inc’s $49-billion bid for DirecTV is unlikely to be blocked by U.S. authorities, the Wall Street Journal reported, citing people familiar with the matter.
American Airlines to begin merging reservations platforms this summer
(Reuters) – American Airlines said on Tuesday it will begin uniting its reservations platform with US Airways’ as early as July, setting a three-month timeframe for a data migration process other merged carriers have struggled with.
In auction for RadioShack name, bid stands at $15 million
SAN FRANCISCO (Reuters) – The auction for bankrupt electronic retailer RadioShack’s name and customer data will resume on Tuesday with bidding at $15 million, according to a lawyer tracking the sale.
Small business confidence perks up; jobs market solid
WASHINGTON (Reuters) – U.S. small business owners gained confidence in April and were surprisingly bullish about capital expenditure plans, further supporting views that economic growth was rebounding after a dismal first quarter.
GM cuts vehicle prices on 40 models in China
DETROIT (Reuters) – General Motors Co has cut vehicle prices in China after sales fell last month in the world’s largest automotive market.
Wage growth may be on tap as more Americans quit jobs
SAN FRANCISCO (Reuters) – Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation.
Airbus A400M takes to air in first test after Spain crash
TOULOUSE/BERLIN (Reuters) – Airbus carried out on Tuesday its first test flight of an A400M military transporter plane since Saturday’s fatal crash in Spain that led some European countries to ground the carriers.
Thales chairman-elect Proglio quits in spat over Russian interests
PARIS (Reuters) – Henri Proglio gave up the chairmanship of defense group Thales on Tuesday, bringing into the open a simmering row with Economy Minister Emmanuel Macron over the veteran French businessman’s Russian interests.
Bond market blues hammer stocks, drive euro higher
LONDON (Reuters) – Government bonds sold off again on Tuesday, driving down stocks and helping push the euro sharply higher against the dollar.
Australia targets 30 multinationals in tax crackdown
CANBERRA (Reuters) – Australia on Tuesday proposed new legislation to tighten tax loopholes that the conservative government says have allowed around 30 of the world’s largest multinational companies to avoid paying taxes.
