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U.S. asks: Do airfares rise when carriers have same investors?

2015-09-23 09:53:54| Airlines - Topix.net

U.S. antitrust officials investigating whether the nation's four largest airlines colluded on pricing are looking at executives' communications - not only with each other, but also with their biggest shareholders. The Justice Department's antitrust division has asked the carriers - American Airlines Group Inc., United Continental Holdings Inc., Delta Air Lines Inc. and Southwest Airlines Co.- for details about meetings with their major shareholders in which "industry capacity" was discussed, according to an official information request reviewed by Bloomberg News.

Tags: same rise investors carriers

 

Drug company to cut 5,000% price rise

2015-09-23 02:03:44| BBC News | Business | UK Edition

A US drug company facing an outcry after raising the price of a drug used by Aids patients by over 5,000% says it will lower the price.

Tags: price company cut drug

 
 

Brent crude oil prices rise as US stock falls

2015-09-23 01:00:00| Offshore Technology

Brent crude oil prices have increased towards $50 a barrel following a fall in US crude oil inventory.

Tags: stock prices oil rise

 

US drug company defends huge price rise

2015-09-21 23:23:31| BBC News | Business | UK Edition

The head of a US pharmaceutical company defends a decision to raise the price of a 62-year-old medication used by Aids patients by over 5,000%.

Tags: price company huge drug

 

American Express, Lennar Rise, Tribune Drops 2%

2015-09-21 21:50:12| Steel - Topix.net

American Express reaffirmed earnings outlook for two fiscal years. Lennar profit and revenues surged.

Tags: american express rise american express

 

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