RadioShack restructuring begins to takes shape
(Reuters) – Troubled electronics retailer RadioShack Corp , whose shares swung wildly on Wednesday, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy…
American Airlines scraps paper manuals for tablets to cut fuel costs
(Reuters) – American Airlines has won regulatory approval to swap flight attendants’ paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
Apple payments service may boost sales of larger iPhones
(Reuters) – The addition of a mobile payments service to Apple Inc’s next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc’s Android platform.
Argentina says U.N. vote vindicates its debt fight against ‘vultures’
BUENOS AIRES (Reuters) – The Argentine government said on Wednesday that its refusal to repay a group of U.S. hedge funds that stand to profit on the country’s defaulted debt was vindicated by the United Nations’ support for a multilateral plan handlin…
UBS, Standard General prepare RadioShack loan deal: Bloomberg
(Reuters) – UBS AG along with investment firm Standard General LP is financing a rescue package for RadioShack Corp as the electronics retailer tries to ward off bankruptcy, Bloomberg reported, quoting three people with knowledge of the matter.
Twitter to raise $1.3 billion through debt offerings
(Reuters) – Twitter Inc said it plans to raise $1.3 billion by issuing convertible senior notes, its first debt offering since its market debut in November.
Wal-Mart joins U.S. crop-tour fever seeking food chain edge
CHICAGO (Reuters) – Retail giant Wal-Mart joined a group of volunteers counting corn ears and soybean pods in fields in the United States recently in a clear sign traditional crop tours are expanding their appeal from farmers and traders to all those w…
Li Ka-shing sets new course for $200 billion aircraft leasing market
SINGAPORE (Reuters) – Asia’s richest man, Li Ka-shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter …
Wall Street ends higher after two days of losses as Apple rebounds
NEW YORK (Reuters) – A rebound in Apple shares helped push U.S. stocks higher on Wednesday, breaking the market’s two-day string of losses.
Wall St ends higher after two days of losses as Apple rebounds
NEW YORK (Reuters) – A rebound in Apple shares helped push U.S. stocks higher on Wednesday, breaking the market’s two-day string of losses.
