Google in initial talks to buy Indian startup InMobi: source
MUMBAI (Reuters) – Google Inc is in early talks to buy Bangalore-based start-up InMobi, in a move that would strengthen its offering in the increasingly competitive mobile advertising space, a source with direct knowledge of the matter said.
U.S. banks’ buybacks, dividends may be no reason for shareholder celebrations
NEW YORK (Reuters) – Big U.S. banks, including JPMorgan Chase & Co and Citigroup Inc , are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may be as much about the institutions’ financial engineering as any improvement in their health.
U.S. airlines group expects busiest spring season in 7 years
(Reuters) – U.S. airlines are expected to carry more passengers this spring than they have in seven years, Washington-based trade group Airlines for America said on Wednesday.
Lessors see demand for Boeing 757 jet replacement
PHOENIX (Reuters) – Aircraft leasing companies are encouraging Boeing to build a jet to replace its discontinued 757, but stress the priority of all planemakers must be to deliver on existing orders for bread-and-butter models after a series of delays….
Drugmaker GSK to steer Asian business from new Singapore HQ
(Reuters) – Drugmaker GlaxoSmithKline said on Wednesday it was establishing a new global headquarters for Asia in Singapore, strengthening its presence in the city-state.
AT&T to take $130 million charge related to voluntary retirement
(Reuters) – AT&T Inc said it expected to take a charge of about $130 million in the current quarter, related to the voluntary retirement of nearly 3,000 employees by March 31.
Hyundai Motor to build second U.S. plant: report
SEOUL (Reuters) – Hyundai Motor Co has decided to build its second U.S. factory to meet demand for sport utility vehicles, South Korea’s Yonhap News Agency reported on Wednesday, citing an industry source familiar with the matter.
United Airlines, Avianca mull potential jet options
PHOENIX (Reuters) – United Airlines is looking at the latest upgraded A321 model from Airbus as well as concepts being touted by Boeing as potential replacements for its Boeing 757 fleet, but does not see a purchase in the near future, a senior executi…
U.S. judge recommends no Goldman gender-bias class action
NEW YORK (Reuters) – A federal judge on Tuesday recommended against certifying a class-action lawsuit in which current and former female employees at Goldman Sachs Group Inc accused the Wall Street bank of gender-based bias in pay and promotions.
GE CEO Immelt gets salary, cash bonus bump for 2014
(Reuters) – General Electric Co Chief Executive Officer Jeff Immelt earned roughly 8 percent increases in his salary and cash bonus in 2014, the U.S. conglomerate said in its proxy statement on Tuesday, despite a sluggish performance by GE’s shares las…
