Exclusive: JetBlue flight attendants seek to hold unionization vote
NEW YORK (Reuters) – Flight attendants at JetBlue Airways are pushing for a vote on whether to unionize, marking a second organizing effort at the formerly non-union airline after pilots authorized joining a union on Tuesday.
Amazon’s revenue increases even as spending rises
SAN FRANCISCO (Reuters) – Amazon.com Inc’s revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses.
Insight: Push for tax-avoidance curbs in G-20 threatens Publicis-Omnicom deal
LONDON (Reuters) – International pressure to curb corporate tax avoidance is behind delays to a $35 billion merger of French advertising group Publicis and U.S. rival Omnicom, and could even scupper the deal, tax advisers and sources close to the deal …
Microsoft beats Wall Street on new CEO debut
SEATTLE (Reuters) – Microsoft Corp’s new chief executive got off to a winning start with Wall Street on Thursday as the world’s largest software company eased past analysts’ profit estimates despite the pressure of falling computer sales.
Visa says revenue growth to slow, Russia sanctions hurting volumes
(Reuters) – Visa Inc , the world’s largest credit and debit card company, said U.S. sanctions on Russia were hurting its card transaction volumes and that revenue growth would slow further this quarter, sending its shares down 5 percent after the bell….
Apple buoys Nasdaq; Ukraine weighs on broader market
NEW YORK (Reuters) – The Nasdaq rose modestly in a choppy session on Thursday, lifted by a rally in Apple shares a day after the iPad maker’s strong results, though tensions in Ukraine held the broader market in check.
Amazon’s revenue increases even as spending rises
SAN FRANCISCO (Reuters) – Amazon.com Inc’s revenue grew more than expected for the first quarter, largely offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce company branches into new businesses.
GM says facing multiple probes into recent recalls
WASHINGTON (Reuters) – General Motors revealed on Thursday it is the subject of five different government probes related to its massive recalls, including two previously unreported investigations by the U.S. Securities and Exchange Commission and a sta…
U.S. Justice Department seeks over $13 billion from BofA: Bloomberg
(Reuters) – The U.S. Department of Justice is asking Bank of America Corp to pay more than $13 billion to settle allegations the bank overstated the quality of mortgage bonds it sold during the housing bubble, according to Bloomberg News.
UPS ratifies new five-year labor agreement
(Reuters) – United Parcel Service Inc , the world’s biggest courier company, said on Thursday it ratified a five-year contract with higher wages and benefits for 125,000 unionized employees represented by the International Brotherhood of Teamsters.