Delta, Virgin Atlantic plan to cross-sell tickets
(Reuters) – Delta Air Lines , which this week won European and U.S. antitrust approval to buy a 49 percent stake in Britain’s Virgin Atlantic , said the two carriers plan to start cross-selling seats on each other’s flights.
More U.S. senators concerned by Shuanghui-Smithfield deal
WASHINGTON (Reuters) – More U.S. senators on Friday raised concerns about a Chinese company’s plan to buy U.S. pork company Smithfield Foods Inc , particularly in light of restrictions that China continues to place on imports of U.S. meat.
Nissan to have battery replacement program for Leaf electric car
(Reuters) – Nissan Motor Co Ltd has announced a $100-a-month battery replacement plan for U.S. owners of its electric Nissan Leaf.
Exclusive: Cantor Fitzgerald to start wealth management business
NEW YORK (Reuters) – New York firm Cantor Fitzgerald, which is branching out from its core business of electronically trading bonds with other brokers, plans to start managing assets for wealthy individuals around the end of the year, a company spokesw…
Starbucks raising some U.S. cafe drink prices
NEW YORK (Reuters) – Starbucks Corp will increase the price of some of its beverages in U.S. company-operated cafes by as much as 10 cents, the first price change in up to two years, a spokeswoman said on Friday.
Tokyo court says Samsung infringed Apple ‘bounce-back’ patent
TOKYO (Reuters) – A Tokyo court ruled on Friday that Samsung Electronics Co Ltd had infringed rival Apple Inc’s patent for a so-called bounce-back feature on earlier models of its popular smartphones.
New U.S. trade chief focused on India, striking deals
WASHINGTON (Reuters) – New U.S. Trade Representative Michael Froman on Friday said he expected growing trade problems with India to be a major early focus of his tenure, but stopped short of saying the United States should cut off benefits for that cou…
Wall Street ends slightly up but slumps for the week
NEW YORK (Reuters) – Stocks ended mostly higher on Friday, with the Dow and S&P 500 ending two days of heavy losses, though traders continued to fret over planned changes to the Federal Reserve’s easy money policy.
Goldman Sachs loan runs afoul of ‘fatwa,’ opponent claims
(Reuters) – To many in the West, a fatwa is often associated with the 1989 religious edict against author Salman Rushdie.
Morgan Stanley finishes wealth business buyout
(Reuters) – Morgan Stanley said it will buy the rest of its wealth-management joint venture with Citigroup Inc by the end of the month, completing a deal started during the financial crisis that was designed to stabilize both banks.