29 June, 2015 by The TZ Newswire Staff Comments Off on Spirit Airlines Incorporated Is Ready for Takeoff Again
Spirit Airlines Incorporated Is Ready for Takeoff Again
Spirit Airlines may be facing tough competition from the likes of Southwest Airlines, but nobody can really challenge its low costs.
29 June, 2015 by The TZ Newswire Staff Comments Off on White House: Not contemplating Puerto Rico bailout
White House: Not contemplating Puerto Rico bailout
The White House said Monday it is not contemplating bailing out Puerto Rico from its financial hole.
29 June, 2015 by The TZ Newswire Staff Comments Off on US pending home sales climb to 9-year high
US pending home sales climb to 9-year high
More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years. The National Association of Realtors said Monday that its seasonally adjusted …
29 June, 2015 by The TZ Newswire Staff Comments Off on U.S. Supreme Court declines to hear Google appeal in Oracle software fight
U.S. Supreme Court declines to hear Google appeal in Oracle software fight
The U.S. Supreme Court on Monday declined to hear Google Inc’s appeal in a major software copyright case, leaving intact a ruling that would allow Oracle Corp to charge licensing fees for the use of some of its Java programming language. The high court left in place a May 2014 ruling by the U.S. Court of Appeals for the Federal Circuit in favor of Oracle. Google had argued it should be free to use Java without paying a licensing fee.
29 June, 2015 by The TZ Newswire Staff Comments Off on Sysco pulling out of US Foods buyout after FTC move
Sysco pulling out of US Foods buyout after FTC move
Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies. The FTC opposed …
29 June, 2015 by The TZ Newswire Staff Comments Off on Amazon to offer loans to sellers in China, 7 other countries
Amazon to offer loans to sellers in China, 7 other countries
Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the e-retailer has offered the service only in the United States and Japan. Amazon Lending, founded in 2012, now plans to offer short-term working capital loans in other countries where it operates a third-party, seller-run marketplace business, the head of Amazon Marketplace, Peter Faricy, told Reuters.
29 June, 2015 by The TZ Newswire Staff Comments Off on Stocks Open In Short, Steep Drop; Gannett Down, Tegna Up After Split
Stocks Open In Short, Steep Drop; Gannett Down, Tegna Up After Split
Monday’s session got off to a bumpy start, as stocks responded to rising prospects of a Greek debt default and exit from the eurozone. But buyers quickly stepped in, with the leading indexes paring back opening losses. The Nasdaq slipped furthest, down 0.8% after being down 1.3% just after the open. The Dow Jones industrial average and the S&P 500 dropped 0.7% apiece.