Rail Logjam Strands Cars at Factory

Related Link: 

New cars and trucks are stacked up at U.S. factories as auto makers and railroads struggle to overcome delays brought on by winter weather and the rise of production outside the U.S. Midwest.

UPS Employees Union Votes to Override 3 Local Bargaining Units

Related Link: 

The national union representing UPS employees voted Wednesday to override three local bargaining units that were holding out on approving parts of a five-year national contract with the delivery company.

Facebook Results Surge on Ad Revenue

Related Link: 

The social network displayed new evidence of its advertising momentum, posting a big increase in first-quarter earnings that will give the company more resources to challenge bigger players in the technology industry.

Zynga Founder Cedes Operating Role

Related Link: 

Zynga founder Mark Pincus is giving up his operating role at the company, one of several management changes announced along with first-quarter results that include a 36% decline in revenue.

Publicis Expresses Confidence on U.K. Tax Status

Related Link: 

France's Publicis Groupe tried to reassure investors about the fate of its $35 billion merger with Omnicom, saying it was confident the proposed new company would get necessary approval to have its fiscal residence in the U.K.

Amedisys to Pay $150 Million to Federal Government

Related Link: 

The home-health provider agreed to settle claims it submitted false billings to Medicare and had "improper financial relationships" with doctors.

América Móvil to Make Bid for Telekom Austria

Related Link: 

Mexican telecommunications heavyweight América Móvil said Wednesday it will make a bid to acquire outstanding shares in Telekom Austria after reaching a shareholder pact with the Austrian carrier's largest shareholder, Österreichische Industrieholding.

FCC Rules Would Allow Preferred Web Traffic

Related Link: 

The FCC plans to propose new open Internet rules on Thursday that would allow content companies to pay Internet service providers for special access to consumers.

Lockheed Taps Orders From Abroad

Related Link: 

Lockheed has secured enough orders for its F-35 fighter jet from overseas buyers to counter Pentagon cuts and sustain a planned production increase.

Light Goes Out on U.K. Coal Industry

Related Link: 

The British coal industry is on the point of fizzling out, following the planned closure of two of its three remaining deep mines in northern England. Among the beneficiaries: Russian exporters of the commodity.

Syndicate content