France concerned over Paris finance hub after ICE-NYSE merger
PARIS (Reuters) – The French government on Tuesday approved IntercontinentalExchange Inc’s takeover of stock market operator NYSE Euronext but urged French market players to step in to preserve Paris as a financial centre.
Analysis: As Alabama derailment flames fade, new oil-by-rail questions arise
NEW YORK (Reuters) – The second explosive oil-train derailment this year, which has finally burned out in rural Alabama, may raise new questions about the safety of the crude-by-rail boom, pointing to problems beyond those that surfaced following the e…
Antitrust lessons for future mergers in U.S. airline deal
WASHINGTON (Reuters) – Corporate deal makers who want to avoid a court showdown might learn a lesson or two from the support given by previously hostile U.S. antitrust enforcers to what will become the world’s biggest airline.
Boeing digs deeper in South Carolina as union faces 777X vote
NORTH CHARLESTON, South Carolina (Reuters) – The battle for Boeing jobs heated up on Tuesday as the plane maker broke ground for a new factory in South Carolina just as workers in Washington state prepared to vote on a deal that could bring the latest …
U.S. stock exchanges offer plans to prevent trading glitches
NEW YORK (Reuters) – U.S. stock and option exchanges said on Tuesday they reached a general agreement on how to strengthen securities markets after federal regulators ordered them to come up with new rules in the wake of Nasdaq’s three-hour trading hal…
Five banks must divulge info on alleged tax dodgers: U.S. attorneys
WASHINGTON (Reuters) – The Internal Revenue Service has obtained court orders to force five U.S. banks to divulge information about U.S. account holders who allegedly hid money with banks based in Switzerland and Bermuda to evade taxes, federal prosecu…
Exclusive: Bain in talks to buy TI Automotive for close to $2 billion – sources
NEW YORK (Reuters) – Bain Capital LLC is in advanced talks to acquire auto parts supplier TI Automotive Ltd in a deal approaching $2 billion, people familiar with the matter said on Tuesday.
US Airways, American to merge after settling antitrust suit
WASHINGTON/NEW YORK (Reuters) – US Airways Group Inc and American Airlines will be allowed to merge to become the world’s largest airline after they agreed to give low-cost competitors more access to several key U.S. airports, including in New York and…
US Airways, American to merge after settling antitrust suit
WASHINGTON/NEW YORK (Reuters) – US Airways Group Inc and American Airlines will be allowed to merge to become the world’s largest airline after they agreed to give low-cost competitors more access to several key U.S. airports, including in New York and…
Wall Street dips after two-day rise; eyes on Fed’s taper timing
NEW YORK (Reuters) – The Dow and the S&P 500 ended slightly lower on Tuesday after rising bond yields increased debate over how soon the Federal Reserve would start trimming its stimulus program.
