Virgin America airline wins eight final Reagan National slots
WASHINGTON (Reuters) – Virgin America airline said on Wednesday it had won the last eight takeoff and landing slots at Ronald Reagan Washington National Airport.
Gap to raise workers’ hourly pay to $10 in 2015
(Reuters) – Apparel retailer Gap Inc said it would raise the hourly pay for its U.S. employees to $9 in June 2014 and $10 in June 2015, after the White House said the minimum wage for federal contract workers would be raised to $10.10 an hour.
Wall Street falls after Fed minutes; Facebook down late
NEW YORK (Reuters) – U.S. stocks slid on Wednesday in a late selloff after minutes of the U.S. Federal Reserve’s latest policy-setting meeting indicated that the central bank will keep trimming its bond-buying stimulus unless there is a significant eco…
SEC’s Stein calls for more reforms to short-term lending market
WASHINGTON (Reuters) – The short-term lending market is in need of reform to improve its transparency, a top U.S. regulator said on Wednesday, saying that the lack of public information on how much financial firms rely on such borrowing could lead to a…
Herbalife lowers forecast range for 2014 sales
BOSTON (Reuters) – Nutrition and weight loss products company Herbalife Ltd lowered its forecast range for 2014 sales and again defended itself on Wednesday against allegations by billionaire investor William Ackman that its business is a fraud.
Tesla gives strong 2014 outlook, shares jump 12 percent
(Reuters) – Tesla Motors Inc , led by billionaire entrepreneur Elon Musk, posted better-than-expected fourth-quarter results on Wednesday and said deliveries of its Model S electric sedan would surge more than 55 percent this year.
Bombardier gets test permit for Learjet 85 first flight
TORONTO (Reuters) – Canada’s Bombardier Inc said on Wednesday it has obtained a first flight test permit for its delayed Learjet 85 from the Federal Aviation Administration and expects the aircraft’s maiden voyage in “coming weeks.”
Virgin America airline wins eight final Reagan National slots
WASHINGTON (Reuters) – Virgin America airline said on Wednesday it had won the last eight takeoff and landing slots at Ronald Reagan Washington National Airport.
Carlos Slim to exercise New York Times warrants: report
(Reuters) – Mexican billionaire Carlos Slim plans to increase his stake in The New York Times Co by exercising at the end of this year warrants he received when he made a major loan to the newspaper company, according to a report in Bloomberg.
Google prepares 34-city push for ultra-fast Fiber service
SAN FRANCISCO (Reuters) – Google Inc is exploring a major expansion of its super-fast “Fiber” TV and Internet service, which could extend the nascent network to 34 more U.S. cities and pose a competitive threat to home broadband providers.
