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  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • May 14- Delta Air Lines Inc expects to see some "choppiness" in its monthly revenue per available seat mile, which measures sales relative to planes' carrying capacity, Chief Financial Officer Paul Jacobson said Thursday during a transportation conference that was webcast. The Atlanta- based carrier expects unit revenue to be "a little worse" in May than in April,...

  • YOUR MONEY-How much should you give as a wedding gift? Thursday, 14 May 2015 | 8:00 AM ET

    BOSTON, May 14- When you go to as many weddings as Stephanie Wong does, you need to come up with some guidelines for gift-giving. During the past two years, Wong, 32, who works in marketing for a book publisher in San Francisco, has been to about a half-dozen weddings. She offers these guidelines to wedding-goers wherever they might be: A distant relative or co-worker...

  • The FAA has been under intense pressure from industry and Congress to allow beyond-line-of-sight operations. Reuters first reported last week that the FAA is in talks with drone manufacturers and operators about testing beyond-line-of-sight drone systems, and an announcement is expected as soon as this week. "We anticipate receiving valuable data from...

  • The FAA has been under intense pressure from industry and Congress to allow beyond-line-of-sight operations. The FAA is in talks with drone manufacturers and operators about testing beyond-line-of-sight drone systems, and an announcement is expected as soon as this week. "We anticipate receiving valuable data from each of these trials that could result in...

  • May 4- DaVita HealthCare Partners Inc, one of the largest U.S. kidney dialysis providers, said it agreed to pay $450 million to settle a whistleblower lawsuit accusing it of deliberately wasting medicines in order to receive higher Medicare payments. The lawsuit alleged that DaVita, whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, used...

  • Crown Castle to buy Quanta Fiber Networks for 1 bln Thursday, 30 Apr 2015 | 6:28 AM ET

    April 30- Wireless infrastructure provider Crown Castle International Corp said it would buy Quanta Fiber Networks Inc for $1 billion to expand its presence in top U.S. metropolitan markets. Quanta Fiber, a subsidiary of Quanta Services Inc, owns or has rights to nearly 10,000 miles of fiber across the United States in markets such as Los Angeles, Philadelphia,...

  • NEW YORK/ BOSTON, April 29- Coca-Cola Co shareholders on Wednesday approved the beverage maker's pay for top executives by a lower-than-average margin in the face of concerns by large proxy advisers. Coke said preliminary results from its annual shareholders meeting in Atlanta showed 80.4 percent of votes cast were in favor of its executive compensation,...

  • NEW YORK/ BOSTON, April 29- Coca-Cola Co's shareholders on Wednesday approved the beverage maker's pay for top executives, but by a lower-than-average margin in the face of concerns by large proxy advisers. Semler Brossy Managing Director Todd Sirras called the result at Coke "a solid B," and said it is "hard to say" whether the figure will lead Coke to make more...

  • McDonald's U.S. restaurant sales have declined for six straight quarters, hobbled by tough competition from more nimble chains such as Wendy's Co, Chick-fil-A and Chipotle Mexican Grill Inc. But McDonald's own missteps in its top profit market also have led to large and complicated menus that have slowed down service. McDonald's is trying TasteCrafted in a...

  • WASHINGTON, April 28- In the 1950' s Baltimore was the sixth largest city in the United States with a peak population of nearly 950,000. Now the riot-hit metropolis ranks 26th on that measure and scores as one of the less equal American cities when measured by income and educational achievement. In Baltimore, a household in the top 5 percent of income earners...

  • WASHINGTON, April 28- In the 1950' s Baltimore was the sixth largest city in the United States with a peak population of nearly 950,000. Now the riot-hit metropolis ranks 26th on that measure and scores as one of the less equal American cities when measured by income and educational achievement. In Baltimore, a household in the top 5 percent of income earners...

  • April 28- Sue Ann Arnall, the ex-wife of Oklahoma oil executive Harold Hamm, lost an appeal of the couple's divorce case because she had accepted an award of nearly $1 billion, the state Supreme Court said on Tuesday. In a 7-2 decision, the court ruled in favor of a motion filed in January by Hamm, chief executive officer of oil company Continental Resources Inc, to...

  • Iron Mountain to buy Recall Holdings for about $2.2 bln Tuesday, 28 Apr 2015 | 11:02 AM ET

    April 28- Document and data storage services company Iron Mountain Inc said it will buy Australia- listed data protection services provider Recall Holdings Ltd for about $2.2 billion in cash and stock. Atlanta, Georgia- based Recall rejected an offer of A $7 per share from Boston- based Iron Mountain in December, saying the premium was too low.

  • CHICAGO, April 28- United Parcel Service Inc on Tuesday reported higher first-quarter net profit due to price increases and productivity improvements, and reaffirmed its earnings outlook for 2015.. The world's largest package delivery company posted a first-quarter net profit of $1.03 billion, or $1.12 per share, up 10 percent from $911 million, or 98 cents...

  • CHICAGO, April 28- United Parcel Service Inc on Tuesday reported a higher quarterly net profit due to price increases and productivity improvements, and reaffirmed its earnings outlook for 2015.. Earlier this month, its main rival, FedEx Corp, announced it would buy Dutch package delivery firm TNT Express. If FedEx's acquisition of TNT is approved, it would...

  • HOUSTON, April 24- Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties, according to a regulatory filing by a new business venture he helps run. "In connection with the formal investigation of Chesapeake in 2012 by the U.S....

  • *Visa, MasterCard rise as China opportunity seen. April 22- U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings. Visa ended 4.07 percent higher at $68.01 after hitting a record high of $69.98, while MasterCard closed up 3.91 percent...

  • *Brent advances on Yemen, WTI crude choppy. NEW YORK, April 22- Stocks in major markets drifted higher on Wednesday as investors took an optimistic view of the latest batch of U.S. corporate earnings, while U.S. "People are seeing the negative effects of foreign exchange and that's not been drastically worse than expected," said Michael Sansoterra, portfolio manager...

  • *Oil advances on Yemen lingering concern. NEW YORK, April 22- Stocks in major markets were little changed on Wednesday as the latest round of U.S. corporate earnings kept equities in check, while U.S. "We are moving along within a pretty tight range and that will likely continue until you start to see some shift," said Ed Hyland, global investment specialist at JP Morgan...