US Airways pilots deny illegal work slowdown

NEW YORK (Reuters) – A union representing US Airways Group Inc pilots on Sunday rejected the carrier’s accusations that it was encouraging an illegal work slowdown, resulting in more flight and baggage delays and increased cancellations.

From Jan. 20, 2009 To Today: More On Why The Fiat-Chrysler Merger Makes Sense

On Friday, we reported that Fiat’s now-53.5% stake in Chrysler, and its plans for new management, is making for a healthy corporate marriage. There’s (an element of) equality, give-and-take, and both sides are optimistic about the future.  What Fiat

Lawmakers close to deal to avoid default

WASHINGTON (Reuters) – Lawmakers were close to a last-gasp $3 trillion deal on Sunday to raise the borrowing limit and assure jittery financial markets that the United States will avoid a potentially catastrophic default.

Huawei, a rising Chinese tech firm, aims to penetrate the U.S. market

If you?ve never heard of it, you?re not alone. The company, China?s largest phone equipment maker, has remained a relative unknown in the United States despite its reputation as a rising star in the global market, with $28 billion in annual sales last

Cooper may withdraw Laird takeover bid on price

NEW YORK (Reuters) – Electrical products company Cooper Industries Plc said it may withdraw its $875 million takeover bid for British rival Laird Plc because the companies have been unable to agree…

US parties hopeful of debt deal

US political rivals are cautiously optimistic about the chances of raising the $14.3tn (£8.7tn) debt limit by Tuesday and averting possible default.