Europe Opens Sharply Lower on Fed Comments
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Marc Cuban's effort to get an insider-trading case against him tossed was denied by a judge.
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March 5- An investor group headed by Warner Music owner Len Blavatnik is providing $60 million in financing to Beats Electronics LLC, the company co-founded by music mogul Jimmy Iovine and legendary record producer Dr.
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March 1- The U.S. Securities and Exchange Commission has escalated its investigation into Chesapeake Energy Corp and Chief Executive Aubrey McClendon for a controversial perk that granted him a share in each of the natural gas producer's wells.
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March 1- Chesapeake Energy Corp said the U.S. Securities and Exchange Commission was investigating the company and Chief Executive Aubrey McClendon and had issued subpoenas for information and testimony.
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March 1- Chesapeake Energy Corp said the U.S. Securities and Exchange Commission was investigating the company and Chief Executive Aubrey McClendon and had issued subpoenas for information and testimony.
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WASHINGTON, Feb 27- The Pentagon said on Wednesday that no additional cracks have been found on F-35 fighter engines during inspections begun after the Feb. 19 incident that halted flights of the entire fighter fleet, and operation of the engines on the ground.
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WASHINGTON, Feb 27- The Pentagon said on Wednesday that no additional cracks have been found on F-35 fighter engines during inspections begun after the Feb. 19 incident that has grounded the entire fighter fleet and halted operation of the engines on the ground.
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*Fourth-quarter adj. earnings/share $0.04 vs est. loss/share $0.05. Feb 26- Electronics retailer RadioShack Corp said it may have to close stores or sell business units to improve its financial footing if business does not pick up by 2014, although analysts saw some positive signs in a quarter of weak sales.
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Feb 21- Here are some key events in the history of Flowers Foods, a company that has grown through acquisitions to become the second-largest baking company in the United States. *1919- Flowers Baking Co founded by brothers William Howard Flowers and Joseph Hampton Flowers in Thomasville, Georgia. Flowers Bakery becomes Flowers Industries.
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LONDON, Feb 20- Few places on earth bear the scars of oil production like Long Beach, California. Parts of the city have sunk by as much as 29 feet from their original level because of subsidence caused by extraction of billions of barrels of oil from the giant Wilmington field lying directly beneath the city's streets and the adjoining harbour.
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Feb 14- AMR Corp and US Airways Group on Thursday sealed an $11 billion merger, but before they can welcome their first passenger onboard they have to get regulators to sign off and then integrate a web of intricate systems.
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*Combined company to carry American Airlines name. Feb 14- AMR Corp and US Airways Group on Thursday unveiled an $11 billion merger deal after months of negotiations, creating the world's biggest airline with 6,700 flights a day.
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Feb 14- American Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier with a combined equity value of $11 billion. American, a unit of AMR Corp, filed for Chapter 11 bankruptcy in November 2011, and US Airways began its pursuit of a merger in early 2012..
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Feb 13- US Airways Group Inc has spent years looking for a merger partner only to be turned away and labeled the "ugly girl" amid a wave of U.S. airline industry consolidation. Still, US Airways was caught off guard when American's parent AMR Corp filed for bankruptcy in November that year.
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*AMR, US Air boards approve merger, deal announcement Thurs. NEW YORK, Feb 13- The boards of AMR Corp and US Airways Group Inc each met on Wednesday to approve a merger that would create the world's largest airline with an expected market value of around $11 billion, people familiar with the matter said. US Airways shareholders will own the rest.
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WASHINGTON/ ATLANTA, Feb 13- US Airways and American Airlines are likely to win approval to create the world's biggest carrier, with regulators expected to focus on concessions to preserve competition in Washington, Charlotte, Dallas and other airports where they are dominant, antitrust experts say.
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US Airways Group and AMR are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, people familiar with the matter said.
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NEW YORK, Feb 9- US Airways Group Inc and AMR Corp are nearing an $11 billion merger that would create the world's largest airline and could announce a deal within a week, after resolving key differences on valuation and management structure, people familiar with the matter said.
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*US Air, AMR yet to agree valuation, management team-sources. NEW YORK, Jan 25- US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with the final price and management structure still to be resolved, four people familiar with the matter said.
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Jan 14- American Airlines on Monday confirmed orders with Boeing and Airbus for hundreds of new planes, including 42 Boeing 787 Dreamliners valued at $8.7 billion at list prices.
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Jan 14- An Illinois mass transit agency on Monday sued United Airlines, saying the world's No. 1 air carrier is operating a "sham" sales office in a smaller city to evade paying millions of dollars in taxes in Chicago, where it is based.
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No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.