HARRISBURG, Pa.— The Pennsylvania Department of Transportation is preparing to choose a private-sector team to replace at least 558 ailing state bridges and maintain them for 25 years as part of an innovative public-private partnership, an official said Monday.» Read More
SYDNEY, May 22- Hong Kong Exchanges and Clearing Ltd is targeting a fourth quarter launch for its mini metals and coal futures contracts, pending regulatory approval, an executive said on Thursday.
Hong Kong, May 22- China Mobile Ltd has awarded its second batch of 4 G contracts, with ZTE Corp and rival Huawei Technologies Ltd securing the bulk of the deal, two industry sources with direct knowledge of the situation told Reuters on Thursday.
SAO PAULO, May 20- Brazil's Embraer SA, the world's biggest maker of regional jets, signed a contract to supply 28 KC-390 cargo aircraft to Brazil's Air Force on Tuesday, a step in the country's effort to bulk up its homegrown defense industry.
May 19- Ophthotech Corp said it could potentially receive over $1 billion in payments as part of a licensing deal for its experimental eye drug with Novartis AG. Ophthotech's shares rose as much as 29 percent in trading after the bell.
BERLIN, May 16- The German government has tightened tender rules for sensitive public IT contracts in the wake of reports about mass surveillance by the U.S. National Security Agency, a spokesman for the Interior Ministry said on Friday.
May 12- The brokerage unit of Stifel Financial Corp must pay a total of $2.7 million to a former head trader who said the firm defamed him and wrongfully withheld his bonus payment, a securities arbitration panel has ruled.
May 5- Tableau Software Inc reported a much smaller-than-expected quarterly loss as the data analysis software maker added 1,800 new customers. Net loss widened to $5.6 million, or 9 cents per share, in the first quarter ended March 31, from $4 million, or 12 cents per share, a year earlier.
The agreement in principle covers the major aspects of labor contracts with the city's largest union, the American Federation of State, County and Municipal Employees, and 13 other bargaining units, said the mediators, who were appointed by the U.S. Bankruptcy Court judge overseeing Detroit's historic municipal bankruptcy.
April 28- Detroit and a coalition of 14 city employee unions have reached a tentative deal on five-year collective bargaining agreements, court-appointed mediators said on Monday.
DETROIT BANKRUPTCY MEDIATORS SAY DETROIT AND COALITION OF 14 CITY EMPLOYEE UNIONS REACH TENTATIVE DEAL ON 5- YEAR COLLECTIVE BARGAINING AGREEMENTS.
PHILADELPHIA, April 10- A Philadelphia judge on Thursday set aside most of an arbitration ruling that could have cost the state of Pennsylvania some $180 million from a landmark 1998 settlement with the nation's tobacco companies.
CAIRO, April 10- Egypt's cabinet approved a draft investment law on Thursday that prevents third parties from challenging contracts made between the government and an investor, two government officials said, a move that could boost the struggling economy.
NEW YORK, April 10- American Express Co, Citigroup Inc and Discover Financial Services won the dismissal of a lawsuit accusing them of colluding to force credit card holders to settle disputes through arbitration rather than class action lawsuits.
*Working on more tiered pricing after deal with Egypt. LONDON, April 8- Gilead Sciences aims to license its new hepatitis C drug Sovaldi to three or four Indian generic manufacturers to allow sales of the medicine at lower prices in some 60 developing nations.
April 7- A unit of UBS AG must pay $5.4 million to a former broker who alleged the firm misled its advisers about the financial health of Lehman Brothers Holdings Inc while recommending they sell its structured notes to clients, a securities arbitration panel ruled.
FRANKFURT, April 1- A downward slide in reinsurance prices showed clear signs of accelerating in April contract renewals and is likely to feed through to property and casualty insurance prices before long, broker Willis said on Tuesday.
TOKYO, March 31- Japan's factory output unexpectedly fell in February at the fastest pace in eight months, leaving the economy in a precarious position as an impending sales tax hike threatens to choke consumption and undermine the government's revival plan.
TORONTO, March 28- Canadian National Railway Co and the union representing its conductors, yard workers, and traffic coordinators have agreed to start an arbitration process that ensures their most recent contract dispute will not lead to a strike at Canada's largest rail operator.
TORONTO, March 28- The union representing Canadian National Railway Co's conductors, yard workers, and traffic coordinators agreed on Friday to go to binding arbitration should contract talks fail, ruling out a potential strike at Canada's largest rail operator.
OTTAWA, March 28- Canada has signed a $105 million contract with the Philippines to supply eight military helicopters made by Bell Helicopter Textron Canada, a unit of Textron Inc, Canadian International Trade Minister Ed Fast said on Friday.