Aviation tech giant buys B/E Aerospace

Aircraft component manufacturer Rockwell Collins announced its plan to acquire airplane interior maker B/E Aerospace for a staggering $6.4 billion on Sunday October 23. The deal, which should finalize in the spring of 2017, will yield B/E shareh…

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Google, Apple, Intel and Adobe to resume mediation in hiring lawsuit

Silicon Valley giants Google, Apple, Intel, and Adobe have resumed talks with workers in a class action lawsuit over the companies’ hiring practices, Reuters reported on Wednesday, September 3. Pl…

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Bank of America’s second quarter profit down due to large legal costs

Bank of America’s income last quarter was down 43 percent to $2.3 billion after the company posted $4 billion in legal fees, according to The Boston Globe on July 17. Bank of America’s hefty legal costs diminished its second quarter profit to a l…

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Written by James H. Arenson

Last Updated : November 1, 2016