Analysts say UTC Rockwell deal unlikely to be denied by China
Analysts and a University of Iowa expert say UTC Rockwell Collins should stay on track as the U S Justice Department requires divestments of two Rockwell units. China’s antitrust approval is viewed as likely but risks from trade tensions could slow clearance.
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Reuters
Greg Hayes
United Technologies
Justice Department
Hayes
Donald Trump
Cartier
Indianapolis
Ind
China
Utc-Rockwell
United Technologies Corp
Rockwell Collins
University of Iowa
U.S. Department of Justice
Farmington
Conn
Iowa
Rockwell
Safran S.A
UTC
Safran
United States
Beijing
Trump
Brian Langenberg
Langenberg and Company
Chicago
U.S
Qualcomm Inc
NXP
Richard Aboulafia
Teal Group
Yiming Qian
American Airlines memo sparks debate on elite passengers
An internal memo from American Airlines says during delays or cancellations the first priority is to move elite passengers even if it means using a rival airline, while economy travelers would not have that option. The airline says the policy mirrors other carriers but staff and bloggers see it as favoring elites and bypassing interline agreements.
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American Airlines
Fort Worth
Texas
Curtis Blessing
American
Stocks rebound as banks lift markets after midweek slide
U S markets recovered from a sharp midweek rout led by JPMorgan Chase Wells Fargo and Citigroup after solid third quarter profits. The Dow rose 287 points to 25339 while the S&P 500 gained 1.4 and the Nasdaq 2.3 as Netflix and Amazon recovered from earlier losses. Lisa Shalett of Morgan Stanley cautioned investors to remain cautious about earnings outlook.
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U.S
Dow Jones
China
Jpmorgan Chase
Wells Fargo
Citigroup
Standard & Poor
Netflix
Amazon
Lisa Shalett
Morgan Stanley
Facebook reveals 29 million accounts hit by data breach
Facebook says cyber attackers accessed data from 29 million users via an automated spread from friend to friend. About 14 million saw details like birth dates and employment, 15 million only name and contact data, and 400 thousand had posts and friend lists exposed.
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Facebook
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