Wages Rise at Restaurants as Labor Market Tightens

Related Link: 

Wage growth is breaking out in an unexpected corner of the U.S. economy: the nation’s restaurants and bars. Food-service employment has surged since the recession ended six years ago.

Airbus Boosts Output of Popular Plane

Related Link: 

Airbus is doubling down on its bet that lower oil prices and global economic uncertainties won’t dent demand for new jetliners, saying it is boosting the output of its most popular plane, the A320.

Under Armour Foresees Electronic Clothing

Related Link: 

Athletic-gear maker Under Armour has been investing in fitness apps, while looking ahead to a time when clothes themselves become a means to track movement and biorhythms.

Sprint, Best Buy to Offer Wireless Phone Plan

Related Link: 

Sprint will offer a wireless phone plan only available at Best Buy that the companies say provides a ‘more simplified way’ to buy phone service.

Guinness to Rejoin New York's St. Patrick's Day Parade

Related Link: 

Guinness has decided to resume sponsorship of the St. Patrick’s Day Parade on Fifth Avenue after dropping out last year, sparking criticism from gay activists who want a broad boycott because of what they call the organizers’ discriminatory policies.

LetterOne, RWE to Close Dea Buy Monday

Related Link: 

Russian billionaire Mikhail Fridman’s investment fund is expected to close a $5.6 billion deal on Monday to acquire Dea, the oil and natural-gas arm of German utility RWE AG.

Doral Bank Fails After Years of Tumult

Related Link: 

A botched announcement by the FDIC culminated years of turmoil that cost investors, including Goldman Sachs Group and Marathon Asset Management, hundreds of millions of dollars.

A Better Way to Tap Home Equity?

Related Link: 

More lenders are offering home-equity lines of credit, or Helocs, on which the interest rate is fixed for an initial period.

Former AIG CEO Benmosche Dies

Related Link: 

Robert Benmosche, who brought insurance giant AIG back from the brink of bankruptcy and led it to repay its historic bailout, died Friday at age 70 after a five-year battle with lung cancer.

Bombardier Completes First Flight of Key Jet

Related Link: 

Canadian jet maker Bombardier completed the first flight of a jet that it hopes will anchor its future as a commercial aircraft manufacturer and raised new cash to help carry out its programs.

Syndicate content