Liberty Media to slash stake in Barnes & Noble
(Reuters) – John Malone’s Liberty Media Corp said on Thursday it has sold almost all of its stake in Barnes & Noble Inc, ending a nearly three-year bet that the struggling retailer would emerge as a dominant seller of e-books.
American Airlines says US Airways to join trans-Atlantic venture
(Reuters) – American Airlines Group said on Thursday that US Airways will join its venture with British Airways , Iberia and Finnair that operates flights between the United States and Europe.
Dealers say GM customer anxiety rising, sales may take hit
BOSTON (Reuters) – An ignition switch defect linked to deadly crashes and mounting recalls is raising anxiety in General Motors Co showrooms, according to dealers who are fielding more calls from customers concerned about the safety of GM cars.
Wider U.S. trade deficit to weigh on first-quarter GDP
WASHINGTON (Reuters) – The U.S. trade deficit unexpectedly widened in February as exports hit a five-month low, suggesting first-quarter growth could be much weaker than initially anticipated.
Lufthansa grounded for second day by pilots’ strike
FRANKFURT (Reuters) – Lufthansa pilots said they hoped to resume talks with management as early as this weekend over a retirement scheme dispute that grounded Germany’s largest airline for a second day on Thursday.
Spirit Airlines sees no short-term pilot shortage
WASHINGTON (Reuters) – The chief executive of discount carrier Spirit Airlines said on Thursday he has no concerns about pilot availability in United States for next couple of years, but is worried about staffing in the longer term.
Pimco’s Gross sees low, mid-single digit returns in 2014
NEW YORK (Reuters) – Bill Gross, manager of the world’s largest bond fund at Pimco, said on Thursday that asset returns will be in the low- to mid-single digits this year despite relatively positive economic growth.
‘Bond King’ Gross writes an ode to his dead cat, Bob
(Reuters) – Bill Gross, co-founder of bond fund giant Pimco and widely known as the “Bond King,” has had a rough start to the year.
MF Global customers to recoup $6.7 billion as final payout starts
NEW YORK (Reuters) – Former customers of MF Global Holdings Ltd’s bankrupt brokerage will recoup all $6.7 billion they are owed following the completion of a payout that will begin on Friday, its trustee said.
Spirit Airlines sees no short-term shortage of pilots
WASHINGTON (Reuters) – The chief executive of discount carrier Spirit Airlines said on Thursday he has no concerns about pilot availability in United States for next couple of years, but is worried about staffing in the longer term.
