Exclusive: U.S. law firm Patton Boggs voting on merger with Squire Sanders
(Reuters) – Law firm leaders at Patton Boggs in Washington, D.C., were tallying votes on Tuesday on a proposed merger with Squire Sanders, a deal that is expected to be approved and that would provide financial relief to struggling Patton Boggs.
Lockheed machinists at Mississippi space center vote to end strike
WASHINGTON (Reuters) – Lockheed Martin Corp said on Tuesday that more than 100 union members who had been on strike at a Mississippi space center since late last week voted to accept the company’s contract offer and would return to work on Wednesday.
Exclusive: Virgin America flight attendants seek unionization vote
SEATTLE (Reuters) – Flight attendants at Virgin America airlines are seeking a vote on whether to unionize, according to an official at the Transport Workers Union (TWU), in a move that could pave the way for organized labor’s latest victory in the air…
Obama discusses U.S. investment with corporate executives
WASHINGTON (Reuters) – President Barack Obama gathered executives from several major international companies on Tuesday, including Ford Motor Co and Deutshe Lufthansa AG , to discuss a White House initiative to encourage investment in the United States…
Lufthansa CEO: state-owned carriers ‘global game-changer’
WASHINGTON (Reuters) – Deutsche Lufthansa AG is recovering from a pilot strike in April and views competition from state-owned carriers as one of its biggest challenges, its new chief executive told Reuters in an interview on Tuesday.
Credit Suisse guilty plea has little immediate impact as shares rise
WASHINGTON/NEW YORK/ZURICH (Reuters) – Credit Suisse saw little immediate impact on Tuesday after it became the largest bank in decades to plead guilty to a U.S. criminal charge and will pay more than $2.5 billion in penalties for helping Americans eva…
Japan retailers target new big spenders: tourists
TOKYO (Reuters) – In ageing Japan, retailers are waking up to a hot new demographic: foreign visitors.
Malaysian halal food companies primed to feed Muslims’ taste for travel
KUALA LUMPUR (Reuters) – On some of its international routes, ANA Holdings Inc is starting to offer an unusual type of snack – rice crackers that are certified halal, an Arabic word meaning “permissible”.
Retail stocks lead selloff on Wall St. after earnings
NEW YORK (Reuters) – U.S. stocks fell in a broad selloff on Tuesday, with major indexes hitting session lows in afternoon trading, led by losses in the retail sector after disappointing results from Staples and TJX Companies.
Exclusive: Goldman puts Metro metals warehousing unit up for sale
NEW YORK (Reuters) – Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first definitive effort to shed the operation amid regulatory and political p…