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  • MONTABAUR, Germany, March 27- The German pilot believed to have deliberately crashed a plane in the French Alps killing 150 people broke off his training six years ago due to depression and spent over a year in psychiatric treatment, a German newspaper reported on Friday. The story in German tabloid Bild came a day after French prosecutors said they believed...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • WASHINGTON, March 26- The Pentagon's notoriously slow, bureaucratic and wasteful acquisition system is eroding America's military technological edge and must be reformed, Senator John McCain, the chairman of the Senate Armed Services Committee, said on Thursday. The Arizona Republican, a former presidential candidate and prisoner of war during the Vietnam...

  • Some on Wall Street are even talking about an earnings recession. Wall Street analysts currently estimate earnings growth of 1.3 percent for 2015, down from a forecast of 8.1 percent at the beginning of the year, according to Thomson Reuters data. Nearly one-fifth of S&P 500 companies have warned on earnings for the first quarter, with at least 49 companies...

  • WASHINGTON, March 19- The United States needs to step up its offensive cyber capabilities, a top security official said on Thursday, warning that looming defense budget cuts could hurt efforts to bolster the nation's cyber military facilities and make the country more vulnerable. Admiral Mike Rogers, director of the National Security Agency and commander of...

  • White's announcement, made at a Securities Industry and Financial Markets Association conference in Arizona, mark the first time she has articulated a position on the controversial subject since taking over the helm of the SEC in the spring of 2013.. The SEC and the Labor Department are each governed by different laws and are able to act independently of one...

  • March 17- Macerich Co, the third-largest U.S. shopping mall owner, rejected a $14.39 billion unsolicited offer from larger rival Simon Property Group Inc, saying the offer "substantially undervalues" the company. Macerich also adopted a poison pill, or a shareholder rights plan, with a 10 percent trigger and changed its board structure to thwart a hostile...

  • March 16- Credit Suisse Group Inc will pay $10 million in cash and provide $6.25 million worth of advisory work to Freeport-McMoRan Inc to settle allegations it contributed to the natural resources company having overpaid significantly for two oil and gas companies. The settlement was disclosed on Monday in a filing with the Delaware Chancery Court.

  • UPDATE 1-BC Partners names Michael Massey PetSmart CEO Wednesday, 11 Mar 2015 | 9:33 AM ET

    March 11- BC Partners, which led the takeover of PetSmart Inc, appointed Michael Massey as chief executive of the pet supply retailer. A private equity consortium led by BC Partners in December agreed to buy Phoenix- based PetSmart for $8.7 billion. BC Partners managing partner Raymond Svider will become PetSmart's non-executive chairman.

  • BC Partners names Michael Massey PetSmart CEO - WSJ Wednesday, 11 Mar 2015 | 2:37 AM ET

    March 11- BC Partners, which led the takeover of PetSmart Inc, plans to appoint Michael Massey as chief executive of the pet supply retailer, the Wall Street Journal reported. A private equity consortium led by BC Partners in December agreed to buy Phoenix- based PetSmart for $8.7 billion. BC Partners managing partner Raymond Svider will become PetSmart chairman.

  • PHOENIX, March 9- Boeing Co pledged on Monday to improve the efficiency and seating capacity of its 777 jetliner to shore up production of its most profitable airliner as it switches to a newer model. "This combination of improvement in fuel efficiency and more seats will yield about a 5 percent improvement in efficiency per seat," he told the International...

  • PHOENIX, March 9- European airlines face further restructuring and consolidation to close a gap in profitability with industry kingpins in North America, aviation experts said on Monday. European airlines are projected to make $10 billion of the $86 billion in profits expected to flow into the industry between 2010 and 2015, with North American airlines...

  • *Offers to buy Macerich for $91/ shr. *Macerich shares brush past offer to touch 8- year high. March 9- Simon Property Group Inc offered to buy Macerich Co for $14.39 billion in a deal that would join the No. 1 and No. 3 U.S. shopping mall owners.

  • March 4- Akorn Inc announced a policy to prevent the use of its drugs in state executions in response to a call by shareholder New York State Common Retirement Fund, the third-largest public pension fund in the United States. Akorn said it adopted a policy earlier this year to not accept direct orders from prison systems. New York State Common Retirement Fund,...

  • March 3- SolarCity Corp on Monday sued Arizona utility Salt River Project over new electricity rates that the U.S. solar installer said penalizes residential customers who choose to put up solar panels. Applications for rooftop solar have fallen 96 percent in SRP's service territory since Dec. 8, the date SRP's new plan went into effect, SolarCity said.

  • Why more conservatives are backing solar power Monday, 2 Mar 2015 | 1:48 PM ET
    Barry Goldwater Jr. speaks against a proposed tax to be levied against residential solar leasing companies, June 4, 2014, in Phoenix.

    The myth that only liberals support solar technology is being shattered by loud voices coming from the right.

  • CHICAGO, Feb 24- Results from Home Depot Inc and Toll Brothers Inc bode well for a continued recovery in the housing market this year, thanks largely to an improving jobs market and low gasoline prices, industry officials and analysts said. Luxury home builder Toll Brothers also lifted its full-year home delivery forecast. Private residential fixed investment...

  • Beach snow forecast as deadly storm packs more woe Tuesday, 24 Feb 2015 | 8:26 AM ET
    Winter Weather U.S.

    A fragmented winter storm was forecast to bring more snow to the Carolinas and Rocky Mountains, NBC News reports.

  • Feb 23- Dubai Aerospace Enterprise Ltd, an aircraft leasing and maintenance company controlled by the government of Dubai, is looking to sell its aviation services unit, StandardAero, for more than $1.8 billion, according to people familiar with the matter. In 2007, state-owned DAE simultaneously purchased aircraft maintenance services company Landmark...

  • Getting into sports events is easy—if you're a CEO Saturday, 21 Feb 2015 | 5:00 PM ET
    Supers Bowl fans mingle outside of University of Phoenix Stadium.

    Arizona invited a slew of business VIPs to the Super Bowl, underscoring how sporting events double as junkets for movers and shakers.