office-building

Delta turns to apartment-sharing service Airbnb for more business

(Reuters) – Delta Air Lines Inc on Wednesday announced a marketing agreement with Airbnb, becoming one of the largest established companies in the travel industry to embrace the 8-year-old apartment-sharing service. Delta, the world's No. 2 airline by passenger traffic, said customers can earn award miles toward free flights when booking stays with Airbnb. This follows similar promotions from Virgin America Inc …

More here: 
Delta turns to apartment-sharing service Airbnb for more business

office-building

U.S. sues DirecTV for illegal information trading during Dodgers talks

The U.S. Justice Department filed a lawsuit on Wednesday against DirecTV, alleging the company acted as a ringleader to unlawfully swap information with rival pay-TV companies during negotiations over whether to show Dodgers baseball games in the Los Angeles area. The department said DirecTV, now owned by AT&T , swapped information with Cox Communications, Charter Communications and AT&T, to win bargaining leverage against Time Warner Cable, which distributes a channel showing Dodgers games in Los Angeles.

Read the rest here: 
U.S. sues DirecTV for illegal information trading during Dodgers talks

office-building

Fed holds rates steady, sets stage for December hike

The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up. Fed policymakers also expressed more optimism that inflation was moving toward their 2 percent target. “The committee judges that …

Originally posted here: 
Fed holds rates steady, sets stage for December hike

office-building

Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

Chipmaker Broadcom Ltd said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion to expand its fiber channel and data storage businesses, the latest in a flurry

See more here:
Chipmaker Broadcom to buy network gear maker Brocade for $5.5 billion

office-building

Chinese consumers take credit for boom in car loans

By Jake Spring BEIJING (Reuters) – Chinese households, traditional savers with an aversion to debt, are rapidly warming to the idea of borrowing to buy a car, as automakers push financing deals to boost sales and margins in an increasingly competitive market.

Originally posted here:
Chinese consumers take credit for boom in car loans

office-building

Microsoft gets support in gag order lawsuit from U.S. companies

By Dustin Volz WASHINGTON (Reuters) – Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Microsoft's backers included the U.S. Chamber of Commerce, the National Association of Manufacturers, Delta Air Lines …

See the original post here: 
Microsoft gets support in gag order lawsuit from U.S. companies

office-building

Microsoft to buy LinkedIn for $26.2 billion in its largest deal

Microsoft Corp will buy LinkedIn Corp for $26.2 billion in its biggest-ever deal, a bold stroke by Microsoft CEO Satya Nadella in his efforts to make the venerable software company a major force in next-generation computing. By connecting widely used software like Microsoft Word and PowerPoint with LinkedIn's network of 433 million professionals…

Read the original here: 
Microsoft to buy LinkedIn for $26.2 billion in its largest deal

office-building

EBay’s disappointing forecast fuels stock decline

EBay Inc forecast weaker-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar while trying to revamp its core marketplace business. The online retailer, which faces intense competition from e-commerce giant Amazon.com Inc, has also been hit by brick-and-mortar rivals like Wal-Mart Stores Inc that are aggressively boosting their online presence. Under its new chief executive Devin Wenig,

See the original post here: 
EBay’s disappointing forecast fuels stock decline

office-building

Siemens to buy CD-adapco for close to $1 billion: source

Siemens AG , Europe's biggest industrial group, has agreed to buy CD-adapco, a privately held U.S. engineering software firm, for close to $1 billion in cash, according to a person familiar with the matter. Siemens's deal with CD-adapco could be announced as early

Continued here: 
Siemens to buy CD-adapco for close to $1 billion: source