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United Airlines fined $2.75 million over treatment of disabled, tarmac delays

January 7, 2016 by · Leave a Comment 

The U.S. Transportation Department said it fined United Airlines $2.75 million on Thursday for breaking rules protecting air travelers with disabilities and prohibiting long tarmac delays. The airline, part of United Continental Holdings Inc, was also ordered not to break those rules in future, the department said in a statement.

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United Airlines fined $2.75 million over treatment of disabled, tarmac delays

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Shire, Baxalta to announce merger as soon as Monday: sources

January 7, 2016 by · Leave a Comment 

The deal would come after Reuters first reported on Dec. 22 that Shire's latest offer for Baxalta had met the latter's valuation expectations. Baxalta shares were trading on Thursday just under $39 and Shire stock was at $190.45 a share. Both parties are confident tax concerns arising from Baxalta's spin out from Baxter International Inc will not be an impediment to the transaction but are waiting for a formal legal opinion to come through before signing their merger agreement, the people added.

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Shire, Baxalta to announce merger as soon as Monday: sources