The Traderszone Network

The FedEx master executive council (MEC) voted late on Thursday to approve the collective bargaining agreement reached on Aug. 19 with the package delivery company, the association said on Friday. More than 4,000 FedEx pilots will now vote on the agreement in balloting scheduled to begin on Sept. 28 and end on Oct. 20.

U.S. Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto the skin of a plane. Carter said funding for the Obama administration’s newest manufacturing institute would go to the FlexTech Alliance, a consortium of 162 companies, universities and other groups, from Boeing (BA.N), Apple (AAPL.O) and Harvard, to Advantest Akron Polymer Systems and Kalamazoo Valley Community College.

A Florida man accused of running an unlicensed bitcoin exchange and who is among five defendants linked to last summer’s massive data breach at JPMorgan Chase & Co is in talks to resolve his criminal case, according to court papers filed Friday. Eun Young Choi, a prosecutor under Manhattan U.S. Attorney Preet Bharara who made the submission, said negotiations were not yet complete and sought an extension until Sept. 28 for when a grand jury would need to indict Lebedev. Mark Bernett, Lebedev’s lawyer, did not respond to requests for comment.

United Airlines plans to change the way it schedules flights and to use new technology to tackle the delays and cancellations that have hurt its competitiveness, company executives told Reuters. The new initiatives aim to narrow the gap in performance between United Continental Holdings Inc (UAL.N) and Delta Air Lines Inc (DAL.N), which has the best on-time record of U.S. airlines. United plans in January to alter its schedules to resemble the way rivals circulate planes through their networks, Vice President of Network Operations Tracy Lee told Reuters.

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