Monthly Archives: September 2016

Delta, pilots negotiators reach deal for new contract

(Reuters) - Delta Air Lines Inc and its pilots union have reached an agreement in principle for a new contract that has been more than a year in the making, the parties said on Friday.

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Indonesia’s Garuda’s U.S. return to generate 5 percent of 2017 revenue: CEO

MONTREAL (Reuters) - Garuda Indonesia's , the country's national carrier, expects its return to the United States next year with three flights a week to generate about 5 percent of the airline's top-line passenger revenue for 2017, its chief executive ...

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Former drug company CEO charged in $100 million fraud scheme in U.S

WASHINGTON (Reuters) - The former CEO of drug company Inyx Inc has been charged in connection with a fraud scheme that caused more than $100 million in losses and led to the collapse of one of Puerto Rico's largest banks, the U.S. Justice Department sa...

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Betting on the U.S. election via the ‘Trump ETF’

NEW YORK (Reuters) - An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.

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What to Expect at Dreamforce 16

Something tells me that if Salesforce already leaked news about its new AI product, Einstein, that it might not be the biggest news that will emerge from Dreamforce next week. However, I also think Einstein will be involved in whatever is the big takeaway. Salesforce has become rather large, with $8 billion-plus in revenue. A member of the Fortune 500, it still tries to be nimble.

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Russia, bowing to budget pressures, revives oil firm sell-off

SOCHI, Russia (Reuters) - Russia said on Friday that it was resuming the shelved privatisation of oil firm Bashneft, in a sign of how anxious the Kremlin is to raise money to fill holes in the budget left by the economic slump.

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GlaxoSmithKline to pay $20 million to settle foreign bribery related charges

WASHINGTON (Reuters) - GlaxoSmithKline will pay $20 million to settle civil charges that it masked improper bribes to foreign officials in China on its books by disguising them as legitimate travel, entertainment and marketing expenses, U.S. regulator...

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Garden-Variety Cybercrooks Breached Yahoo, Says Security Firm

The hackers who stole the data of hundreds of millions of Yahoo users two years ago were two cybercriminal gangs, InfoArmor reported. That finding contradicts the notion that state-sponsored actors were behind the attack, which Yahoo suggested when it disclosed the breach. Further, the number of users' records stolen is closer to 1 billion than to the 500 million Yahoo acknowledged.

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