American Airlines agrees to double-digit pay raises

Walmart starts cutting off Visa in Canada
Walmart to stop Canadian customers from using Visa cards, starting with three stores in Thunder Bay, Ontario.

Fiat Chrysler sales numbers probed by Feds
Justice Department and SEC are probing whether Fiat Chrysler sales numbers were inflated.

Pokemon Go sends smartphone battery stock soaring
Zagg, a smartphone accessory company that recently bought battery case maker mophie, is surging after PC Magazine recommended one of its products for Pokemon Go players looking to preserve their phone’s battery life.

Meet the little-known banker who makes more than Jamie Dimon
Kevin Cummings was rewarded with $20 million in compensation last year, making him the highest paid bank CEO in America. But that big pay hike has ruffled some feathers, including a shareholder lawsuit and close vote on pay.

Hasbro should rename itself Disney Toys
Hasbro reported earnings and sales that topped forecasts. The main reason? Strong sales of Star Wars, Frozen and Disney Princess toys.

Takata settles case of woman who died 2 years after crash
Takata settles with family of Florida woman who had recalled airbag replaced in 2009, then had fatal accident five years later.

Starbucks, McDonald’s move to block porn from their Wi-Fi networks
McDonald’s sets up filter to block porn on WiFi networks at most of its U.S. and U.K. stores, while Starbucks looking to follow suit.

Dow 20,000? Don’t laugh. Bulls are alive and well
The U.S. stock market keeps hitting new highs. Why? Just about every other investment around the world looks awful. So slow and steady growth in America looks a lot more attractive by way of comparison.

Herbalife finally settles with FTC, stock soars
The controversial seller of nutritional supplements settled a probe with the Federal Trade Commission. It’s a huge victory for Herbalife and backer Carl Icahn — and a blow to Icahn rival Bill Ackman, who bet Herbalife would hit $0.

Banks get relief for their big oil headache
JPMorgan, Citigroup and Wells Fargo all sound less worried about the health of their loans to struggling oil companies thanks to rising prices and efforts to get ahead of the problem.

Travel stock slump deepens as France suffers another attack
Investors are dumping travel and tourism stocks again as the terror attack on Nice, France, threatens to deter more visitors. Shares in many companies are down more than 20% this year.

Fiat Chrysler adding 1,000 jobs to build new Jeep models
Fiat Chrysler investing $1 billion into plants in Illinois and Ohio as it prepares for next generation of Jeep models.

Tesla says autopilot was not on during Pennsylvania crash
Tesla revealed Thursday that the car driven by a man in Pennsylvania was not in autopilot when he crashed on July 1.

Martin Shkreli finally gets a court date — a year from now
Shkreli, infamous for hiking drug prices, has another year to live stream and tweet to his heart’s content.

Mercedes unveils posh luxury golf cart
The Mercedes-Benz Style Edition Garia Golf Car could be offered for sale, if enough customers are interested.

Microsoft’s privacy victory: Feds can’t get emails stored in Ireland
Read full story for latest details.

Chris Christie ally set to plead guilty in United Airlines scandal
David Samson, a close political ally of N.J. Gov Chris Christie, is due to plead guilty in scandal involving a United Airlines flight scheduled for his benefit.

Consumer Reports to Tesla: Reel in Autopilot
The semi-autonomous driving technology is still too limited in its capabilities to live up the expectations of many drivers that it can drive the car on its own, the magazine said.

Starbucks plans new upscale chains
Starbucks plans new upscale Starbucks Reserve-only chain as well as chain of bakeries after investment in Italian baker Princi.

Delta cutting flights due to Brexit
Delta takes a hit from the plunge in the value of the pound after Brexit and responds by cutting U.S.-U.K. flights.

Yum expects stronger growth as China rebounds
Yum Brands, owner of KFC and Pizza Hut, raised its profit outlook for the year as China sales rebounded.

Forget Pokemon Go! Nintendo’s rivals are hotter
Nintendo is surging thanks to hype about its Pokemon Go game. But Activision Blizzard, EA, Take-Two and Nvidia are trading at all-time highs. The gaming world is bigger than just smartphones.

Airbnb CEO vows to fix problem with ‘discriminatory’ hosts
Airbnb CEO Brian Chesky says he has no tolerance for discrimination among hosts who use his service.

Be the first to comment on "American Airlines agrees to double-digit pay raises"

Leave a comment

Your email address will not be published.


*


Time limit is exhausted. Please reload the CAPTCHA.