Six Arrested After U.S. Alleges Corruption at Soccer Body
FIFA
U.S. authorities are preparing to unveil a criminal indictment
against officials of soccer's international governing body that
will detail allegations of widespread corruption.
Apple Set to Issue Yen-Denominated Bonds
Apple Inc. will likely issue the company's first yen-denominated
bonds in June, in the latest of several moves to take advantage of
rock-bottom interest rates in some non-U.S. markets.
Universal Studios Japan Plans Tokyo Listing
The operator of the Universal Studios Japan theme park in Osaka
is planning to list in Tokyo as early as September, a person with
knowledge of the deal said.
Ahold Lifted by Dollar Strength
Ahold first-quarter net profit jumped, recovering from a large
settlement last year and on revenue gains from the stronger
dollar.
Irish Government Backs IAG's Plan to Buy Aer Lingus
The Irish government has given its backing to International
Consolidated Airlines Group SA's plan to buy Aer Lingus in a deal
which values the carrier at €1.4 billion.
Highland Capital Sues Credit Suisse Over Soured Loans
Highland Capital Management is suing Credit Suisse for more than
$500 million in an effort to recoup some losses from an ill-fated
loan program to developers of U.S. luxury properties during the
mid-2000s.
Belgian Court Summons Skype Over Refusal to Allow Wiretaps
Microsoft Corp.'s Skype subsidiary has been summoned to appear
before a Belgian court for refusing to allow wiretaps of two
suspects.
Qatar Airways to Dutch: Give Us Flight Slots or Risk State
Contracts
The chief executive officer of Qatar Airways on Tuesday warned
that Dutch companies could face repercussions after the Netherlands
moved to temporarily halt granting additional slots to carriers
from the Persian Gulf.
Singapore Airlines Flight Loses Engine Power
The temporary loss of power in both engines of a barely
weeks-old Airbus jet flown by Singapore Airlines underscores the
importance of pilot training, aviation experts say.
Supreme Court Rules Against Cisco in Patent Case
The Supreme Court ruled against Cisco in a patent case, striking
down an argument the company used to counter allegations that it
had violated another firm's intellectual property.
Hormel to Buy Organic Meat Maker
Hormel agreed to buy Applegate Farms for about $775 million, a
move that would give the maker of Spam a foothold in the
organic-meats category.
FTC Clears Reynolds-Lorillard Deal
U.S. antitrust enforcers cleared Reynolds American to proceed
with its $25 billion acquisition of Lorillard, allowing the second-
and third largest U.S. cigarette makers to combine.
Vox Media to Acquire Tech Website Re/code
Vox Media is acquiring Revere Digital, parent company of the
technology news website and conference business Re/code.
Google, Yahoo Have Had Talks to Buy Flipboard
Several Internet giants-such as Google, Yahoo and Twitter-have
inquired about buying Flipboard, maker of a newsreader app.
TiVo Revenue Up as Subscriptions Grow
Continued expansion of TiVo's customer base resulted in revenue
growth that topped projections, even as higher costs lowered the
company's profit.
GM to Invest $1.2 Billion in Indiana Truck Plant
General Motors will spend $1.2 billion to upgrade its Indiana
pickup truck plant as part of a previously announced plan for its
U.S. facilities.
Former Petrobras Executive Sentenced to Five Years
Nestor Cerveró, Petrobras' former director of international
operations, was convicted of money laundering and sentenced to five
years in prison.