[Buzz_Burner_Fresh_Updates] American Apparel seeks fashion revival under bankruptcy plan – reuters.com CHICAGO (Reuters) – American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. Continue Reading On reuters.com […]
[Buzz_Burner_Fresh_Updates] RPT-Risking backlash, India's Modi to push power price hikes – reuters.com NEW DELHI, Oct 6 (Reuters) – India’s prime minister is to tell states to raise electricity prices in return for access to a financial bailout package, a politically contentious move that risks a backlash from farmers and consumers long used to free or […]
[Buzz_Burner_Fresh_Updates] SABMiller highlights sales growth as AB InBev mulls bid – reuters.com LONDON (Reuters) – SABMiller , the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev , reported a 2 percent rise in second-quarter sales volumes on Tuesday which it said reflected the strength of its long-term business model. Continue Reading […]
[Buzz_Burner_Fresh_Updates] Flexjet gets first Embraer Legacy jet anchoring mid-size program – reuters.com SAO PAULO (Reuters) – Flexjet, which offers fractional ownership and leasing of private jets, is counting on Embraer’s new Legacy 450 and 500 for the bulk of a mid-size business jet program that could grow beyond a quarter of its fleet, Chief Executive […]
[Buzz_Burner_Fresh_Updates] Japan Tobacco agrees to buy brand rights from Reynolds American for $5 billion – reuters.com (Reuters) – Japan Tobacco Inc has agreed to pay 600 billion yen ($5 billion) in cash for Reynolds American Inc’s Natural American Spirit tobacco business outside the United States, the two companies said in separate statements on Tuesday. Continue […]