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Delta turns to apartment-sharing service Airbnb for more business

November 2, 2016 by · Leave a Comment 

(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 …

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Delta turns to apartment-sharing service Airbnb for more business

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

November 2, 2016 by · Leave a Comment 

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.

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

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Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources

April 26, 2016 by · Leave a Comment 

The SPAC will be called Landcadia, a combination of the names Landry's and Leucadia, and plans to raise as much as $300 million in an initial public offering (IPO), the people said. SPACs, also known as blank-check acquisition companies, have no assets but use IPO proceeds, together with bank financing, to buy other companies and boost their value through operational improvements.

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Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources

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Mitsubishi Motors used non-compliant data far longer than disclosed: source

April 26, 2016 by · Leave a Comment 

By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp used fuel economy testing methods that were not compliant with Japanese regulations since 1991 – much longer than previously known, a source briefed on the matter said. Japan's sixth-largest automaker has lost half of its market value – some $3.9 billion – since it admitted…

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Mitsubishi Motors used non-compliant data far longer than disclosed: source

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U.S. approves Charter’s Time Warner Cable buy with conditions

April 26, 2016 by · Leave a Comment 

The U.S. Justice Department on Monday gave antitrust approval to Charter Communications Inc's proposed purchase of Time Warner Cable Inc and Bright House networks, which would create the second-largest U.S. broadband provider and third-largest video provider. The Justice Department's approval carried conditions designed to protect competition, coming at a time when the pay television industry faces stagnation due to new competition from over…

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U.S. approves Charter’s Time Warner Cable buy with conditions