U.S. Companies News

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British Airways said a power supply issue was to blame for a global computer system failure which sowed confusion and chaos at London's two biggest airports, with thousands of passengers queuing for hours and planes left stuck on runways. "We believe the root cause was a power supply issue and we have no evidence of any cyber…
05.27 / 22:57
poandpo.com
Japan Airlines will launch additional flights serving Australia and Hawaii as early as September. In addition to an existing route between Narita Airport and Sydney and code-share flights, Japan's flag carrier could start serving Melbourne as early as September. It also intends to launch a route between Narita and Kona,…
05.27 / 22:57
poandpo.com
Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill's restaurants over a span of three weeks, the company said on Friday. Chipotle said it did not know how many payment cards or customers were affected by the breach that struck most of its roughly 2,250 restaurants for varying amounts of time between March 24 and…
05.27 / 22:57
poandpo.com
Coach announced that its wholly owned direct subsidiary, Chelsea Merger Sub, has commenced a tender offer for all of the outstanding shares of common stock, par value $1.00 per share, of Kate Spade & Company. The price is $18.50 per share, net to the seller in cash, without interest thereon and less any applicable withholding taxes, upon the terms and…
05.27 / 22:57
poandpo.com
BlackBerry announced that it has reached an agreement with Qualcomm resolving all amounts payable in connection with the interim arbitration decision announced on April 12, 2017. Following a joint stipulation by the parties, the arbitration panel has issued a final award providing for the payment by Qualcomm to BlackBerry of a total amount of…
05.27 / 22:57
poandpo.com
The University of South Dakota School of Law is researching a move to Sioux Falls, but it's not the first time the college has planted roots in the state's largest…
05.27 / 22:52
argusleader.com
Yes, Eric Hagen escaped conviction, and others win…
05.27 / 22:52
argusleader.com
There is just one blank check company on the calendar for the week ahead. While the previous two weeks have been low on filing activity, we expect the week ahead to pick up in terms of new filers and launches as companies prepare for what is usually an active June. Enjoy your Memorial Day weekend. IPO Market Snapshot The Renaissance IPO Indices are market cap weighted baskets of newly public companies. The Renaissance IPO Index is up 20.9% year-to-date, far ahead of the S&P 500, up 7.9%.…
05.27 / 22:13
seekingalpha.com
Three IPOs raised $443 million this past week. IPO buyers showed price sensitivity on each deal but were rewarded with positive returns. The two technology IPOs each popped over 20%, with fast-growing software provider Appian in the lead, while LBO'd cable company WideOpenWest broke on day one but recovered by Friday. 3 IPOs During the Week of May 22th, 2017 IssuerBusiness Deal Size($mm) Market Capat IPO ($mm) Price vs.midpoint First day return Returnat 5/26 Appian (NASDAQ:APPN) $75…
05.27 / 22:13
seekingalpha.com
A federal judge has tossed out two life sentences for one of Virginia's most notorious criminals, sniper Lee Boyd Malvo, and ordered Virginia courts to hold new sentencing hearings. In his ruling issued Friday, U.S. District Judge Raymond Jackson in Norfolk, Va., said Malvo is entitled to new…
05.27 / 22:10
latimes.com
The Cleveland Indians and Frank Robinson made history four decades ago when he became the first African-American manager in the major leagues. They celebrated again on Saturday when they unveiled a statue of Robinson before their game against Kansas City. “It's such a great day here,” he said in…
05.27 / 22:10
latimes.com
In 2014, Infiniti leased more than 28,000 Q50 luxury sedans for as little as $329 a month in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales. Now they're coming back to haunt the automaker. Like many companies that juiced sales with sweet leases during…
05.27 / 21:12
latimes.com
There was no air conditioning and parts of the roof were gone, so the mosquitoes would swarm in on those hellishly hot nights. People had their guns ready for the looters. There were also monkeys, llamas, cougars and who knows what else roaming around. Lorraine Valladares, 70, was a middle…
05.27 / 21:12
latimes.com
Santa Monica police on Saturday identified a man who was arrested following a home invasion robbery that left two people hospitalized, one with serious stab wounds. The robbery occurred about 6:20 p.m. Friday in the 200 block of 19th Street in a residential neighborhood near Riviera Country…
05.27 / 21:12
latimes.com
Britain reduced its terrorism threat level a notch, from “critical” to “severe,” on Saturday as authorities said they had made major progress in unraveling the plot behind the Manchester concert bombing. Police said more arrests were expected, and security was tight across Britain as hundreds of…
05.27 / 20:17
latimes.com
Gregg Allman, the gravel-voiced singer who helped lift the Allman Brothers Band to prominence with a hard-churning brand of soulful rock that became part of the soundtrack of the 1960s and ’70s and set the coordinates for a musical genre known as Southern rock, died Saturday at the age of 69. A…
05.27 / 20:17
latimes.com
Arsene Wenger's turbulent year ended with a third FA Cup success in four seasons after Arsenal beat Chelsea 2-1 to deny the English Premier League champion a double on Saturday. Aaron Ramsey was the match-winner, just like in the 2014 final, restoring Arsenal's lead in the 79th minute…
05.27 / 20:17
latimes.com
There are three things to note up front when it comes to IndyCar racer Josef Newgarden: No, he’s not a foreign driver; he was born and reared in Tennessee and the spelling of his first name stems from his Danish mother. Yes, he grew up in NASCAR country but always was more drawn to sleek I…
05.27 / 20:17
latimes.com
The 45th edition of the 24-hour race at the Nürburgring (GER) is underway – and the BMW teams have started the endurance classic in the Eifel mountains without any major incidents. At 20:00, a total of four BMW M6 GT3 cars are positioned within the top 10 of the overall standings. The highest placed BMW is the #42 of BMW Team Schnitzer, driven by Augusto Farfus (BRA), Marco Wittmann (GER), Martin Tomczyk (GER) and Tom Blomqvist (GBR) in sixth po…
05.27 / 20:12
press.bmwgroup.com
It’s important to help people with the little things so you can be by their side when the big things happen. This is especially true even when it comes to small healthcare wins and employee benefits. For example, Compass members who might initially request help with low-dollar healthcare issues will expand their services. They w…
05.27 / 20:11
compassphs.com