A unit of a major mechanics union at American Airlines Group Inc. has filed a lawsuit alleging that managers pressured members to breach federal rules on aircraft maintenance, prompting an FAA investigation.
The owner of recordings by Hot Tuna, New Riders of the Purple Sage and the Flying Burrito Brothers filed lawsuits Thursday against several online music service operators including Apple, Google and Sony for using songs recorded before 1972 without permission.
Shares of Box surged 66% in their market debut on Friday, a sign of strong demand for a company that has spent the past several months being lambasted for an outsize marketing budget and unclear path to profitability.
Glass Lewis said it may recommend shareholders dissent from management-backed candidates if companies block shareholder-submitted proposals on the grounds that they ‘conflict’ with the companies’ proposals.
Elon Musk’s Space Exploration Technologies Corp. on Friday said it would drop a lawsuit brought against the Pentagon and the two largest defense contractors that attempted to break up an $11 billion deal to launch military and intelligence satellites.
Bombardier said it will temporarily lay off 145 workers at a railcar plant in Quebec, citing a delay in getting a component that is required in the construction of subway cars for the Montreal transit system.