Irish Government Backs IAG's Plan to Buy Aer Lingus 

The Irish government has given its backing to International Consolidated Airlines Groups plan to buy Aer Lingus in a deal which values the carrier at €1.4 billion.

 
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.

 
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.

 
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.

 
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.

 
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.

 
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.

 
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.