Hundreds of flights were canceled into and out of Atlanta’s Hartsfield-Jackson International Airport on Monday, a day after a paralyzing 11-hour power outage at the world’s busiest airport left passengers marooned on airplanes idling on the tarmac. More than 400 planned flights…
Tenet Healthcare, under pressure from an activist investor, said on Tuesday it would explore a sale of its Conifer unit, and increase the size of its plan to cut costs by $100 million by the end of 2018. The news comes nearly…
Boeing and Bombardier exchanged verbal passes up the US plane maker that the Canadian company receives enormous sponsorships. The two sides showed up before the US International Trade Commission (ITC) in the most recent round of their severe line. Boeing accused Bombardier…
Amazon is a wrecking ball. It has bankrupted bookstores, crippled clothing stores, shaken the grocery industry and turned strip malls into ghost towns. It does all this while barely turning a profit. Wall Street would punish almost any other company that operated…
American tech major Microsoft will be focusing more on the government and the small business segment to grow its India revenues, a top official has said. “The SMB (Small and Medium Businesses) segment and the segments around digital India (and) government would…
Buoyed by the BJP’s electoral success in Gujarat and Himachal Pradesh, the Sensex today rallied 143 points as it moved closer to an all-time high. Firm Asian stocks on bets that US tax reforms Bill will go through supported the uptrend. The…
Roger Federer has been voted BBC overseas sports personality of the year for a record fourth time after an astonishing season during which he picked up two more Grand Slam titles. The Swiss, 36, returned from six months out with knee trouble…
Britain’s Olympic and world champion Mo Farah capped his final season as a track athlete by winning the BBC Sports Personality of the Year award on Sunday. The distance runner, who won his sixth world championships gold medal in London this year…
U.S. health insurer Humana is in advanced talks to acquire acute care provider Kindred Healthcare in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, a source familiar with the matter said on Sunday. A deal would provide the latest example of the…
Fitbit won’t be profitable and will continue to burn through cash next year, Stifel said as it downgraded the company’s stock to a sell rating. The company that once ignited a boom in fitness trackers hasn’t innovated enough to keep consumers interested, Stifel…
