Business

Honeywell Ratchets Up Pressure on United Tech, Details Merger Offer

The offer for United Tech was a 22 percent premium to its share price on February 18. Honeywell said there is significant commercial opportunities to drive ...


Trump Could Testify in Fraud Case as Primaries Draw Down

Here's a part of the political calendar that nobody in the Republican Party seems to have noticed: This spring, just as the GOP nomination battle enters its fin...


Big airlines say contractor bankruptcy won't disrupt flights

The short-haul carrier, which feeds flights to American, Delta and United airlines, listed assets of USD$3.6 billion and USD$3.0 billion of liabilities, court d...


MI governor's aides urged switch away from Flint River

Flint switched its water supply from Detroit to the Flint River in April 2014 in a cost-cutting move when the city was under a state-appointed emergency manager...


Nintendo cuts annual outlook on forex, weak sales

The company credited its latest earnings results to strong demand for its Wii U console games, including shoot-em-up hit " Splatoon " and the 3DS portable handh...


Royal Bank of Scotland reports narrowing loss

The loss was driven by litigation and conduct costs relating to mortgage-backed securities litigation and provisions for selling of payment protection insurance...