The Traderszone Network

Department of Transportation said on Tuesday it is looking into a complaint that Delta Airlines Inc used “unfair and deceptive practices” to block development of a second major airport near Atlanta. The agency’s action comes in response to a complaint filed by county commissioners and a private group trying to develop commercial air service at Silver Comet Field, a small airport about 40 miles from Atlanta. The DOT also received a letter opposing the plan from newly elected county commissioners due to take office in January.

The Federal Trade Commission said this throttling of Internet feeds was deceptive and that in some cases data speeds were slowed by nearly 90 percent. FTC Chairwoman Edith Ramirez said that AT&T wanted to retain longtime customers and so allowed them to buy unlimited data plans, in some cases after new customers were no longer offered unlimited plans.

Air Force has halted some of the company’s initial work on a project to upgrade South Korea’s F-16 fighter jets amid ongoing talks about the second phase of the project. Air Force on the KF-16 upgrade program that has now resulted in a partial stop work order,” said BAE spokesman Brian Roehrkasse. South Korea last week said it could cancel the overall project to upgrade 134 F-16 fighter jets and seek a different contractor, after the U.S.

Consumer confidence in the United States jumped in the third quarter and improved globally, although people were more optimistic about job prospects than their personal finances, a survey showed on Wednesday. …

China can afford to cut its 2015 economic growth target to 7 percent and still keep its labor market healthy, the World Bank said on Wednesday, even as it urged Beijing to stop setting rigid growth objectives. “Our policy message is the focus should be on reforms rather than meeting specific growth targets,” Karlis Smits, a senior economist at the World Bank office in Beijing, told reporters at a media briefing.

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Deutsche Bank (DBKGn.DE) reshuffled and expanded its management board by naming a Goldman Sachs banker as chief financial officer and creating a new board role to sharpen the bank’s focus on resolving a long list of lawsuits and investigations. Marcus Schenck, the London-based Goldman Sachs investment banker and former and finance chief at German energy group E.ON (EONGn.DE) will replace current CFO Stefan Krause on May 21.

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Airbus Group (AIR.PA) said on Tuesday it plans to start production at its first U.S. Airbus Americas President Barry Eccleston told an audience in Seattle that the European aircraft maker was switching the plans for the plant in Mobile, Alabama, to accommodate growth in orders for the larger plane. The first one off the line will be the A321ceo, or “current engine option” in April 2016, with “new engine option” or A321neos, to follow later, he said, according to the company.

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