Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG (CS) into three parts, the Financial Times reported on Monday. Continue Reading Below RBR Capital Advisors will reveal its plan later in the week at a conference in New York, the report […]
FAN Editor
Activist kicked off American flight charges discrimination
An activist who helped organize the Women’s March on Washington has accused an American Airlines pilot of racial discrimination in kicking her off a flight. Continue Reading Below In a series of tweets and a Facebook Live post, Tamika Mallory said that a pilot had her removed from a Sunday […]
Adobe warns that hackers are exploiting its Flash software
Adobe Systems Inc (ADBE) warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. Continue Reading Below The warning came after cyber security firm Kaspersky Lab Inc said a […]
Kobe Steel plants faked quality data for decades: Nikkei
FILE PHOTO: A man walks past the signboard of Kobe Steel at the group’s Tokyo headquarters in Tokyo, Japan October 10, 2017. REUTERS/Issei Kato/File Photo October 16, 2017 (Reuters) – Japan’s Kobe Steel Ltd <5406.T> falsified product quality data well beyond the roughly 10-year time frame given by the steelmaker, […]
Airbus to take majority stake in Bombardier’s C-Series program
FILE PHOTO – A Bombardier CS300 aicraft takes off to participate a flying display as an Airbus A380, the world’s largest jetliner, waits on the taxiway during the 51st Paris Air Show at Le Bourget airport near Paris, June 15, 2015. REUTERS/Pascal Rossignol/File Photo October 16, 2017 (Reuters) – Airbus […]
Toronto exchange may delist marijuana firms with U.S. operations
FILE PHOTO – A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo October 16, 2017 By Alastair Sharp TORONTO (Reuters) – Canada’s TMX Group Ltd <X.TO>, operator of the Toronto Stock Exchange, said on Monday that […]
Bombardier Inc. to partner with Airbus on C Series program
TORONTO – Canadian plane maker Bombardier has a sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus. Continue Reading Below The move comes after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Canadian company is selling the C Series planes […]
Box Office Top 20: ‘Happy Death Day’ parties at No. 1
LOS ANGELES – Driven by younger audiences, the small-budget horror thriller “Happy Death Day” opened this weekend in the top spot at the box office with $26 million, while “Blade Runner 2049” slid into second place in its second weekend in theaters with $15.5 million. Continue Reading Below Jackie Chan’s […]
Spain lowers 2018 growth forecast from 2.6 to 2.3 percent amid political uncertainty in Catalonia
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Rates on US Treasury bills climb at weekly auction
WASHINGTON – Interest rates on short-term Treasury bills rose in Monday’s auction with rates on six-month bills climbing to their highest level in nine years. Continue Reading Below The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 1.090 percent, up from 1.085 percent last week. […]