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Air Berlin pilots suspended after farewell fly-by

BERLIN (Reuters) – The pilots of an Air Berlin flight that carried out a fly-past all through the bancrupt provider’s ultimate long-haul flight to its hub in Duesseldorf had been suspended, the airline stated on Wednesday. When entering land from Miami on Monday morning, the A330 jet flew low around …

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Emanuel starts sales pitch on tax hikes for cellphones, Uber

Mayor Rahm Emanuel on Wednesday started promoting his newest spherical of tax and price hikes, thanking “taxpayers for doing their phase to unravel Chicago’s monetary issues” and caution aldermen that “now isn’t the time to take our eye off the ball.” The mayor’s long price range speech to the Town …

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Shares of IBM just did something they haven't done in 15 years

“Giant Blue” is having a large week. Stocks of IBM surged over nine p.c on Wednesday after the corporate reported better-than-expected profits. The transfer lifted the Dow to report highs and would constitute essentially the most sure profits response for the tech massive since 2002. It might additionally mark most …

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Nordstrom shelves its months-long plan to go private

A Nordstrom signal outdoor an Indianapolis buying groceries mall. (Darron Cummings/AP) Nordstrom, for years, has been a vibrant spot in an trade roiled via mounting bankruptcies and retailer closures. However, it kind of feels, no longer even the 116-year-old retail darling is immune from worries within the broader trade. After failing …

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CP Rail boosts profit on growth in freight revenues

Canadian Pacific Railway Ltd. boosted its full-year benefit forecast on Tuesday amid robust enlargement in freight revenues. Calgary-based CP, which reported third-quarter monetary effects after markets closed, stated earnings higher via three in keeping with cent to $1.6-billion whilst diluted profits in keeping with proportion rose via 50 in keeping …

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