ATLANTA/WASHINGTON (Reuters) - Delta Air Lines Inc kicked off a sale on Memorial Day weekend that offered flyers one-way fares from New York's LaGuardia Airport to Philadelphia for as low as $69.
Reuters
Facebook sketches out IPO-mess defense; CTO departs
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc , facing a raft of lawsuits from investors seeking to recoup losses from its botched IPO, laid out on Friday how cascading Nasdaq trading glitches might have stoked the confusion that marred its May 18 debut.
Weak factories, sentiment show shaky U.S. recovery
WASHINGTON (Reuters) - Factory output contracted in May for the second time in three months and families took a dimmer view of their economic prospects in early June, signs that the economy's recovery is on shaky ground.
Wall Street Week Ahead: Greek elections to keep tensions high
NEW YORK (Reuters) - Instead of backyard barbecues and beer, this Father's Day could see many investors with their minds on Greece.
Central banks prepare for turmoil after Greek vote
FRANKFURT/LONDON (Reuters) - Central banks from Tokyo to London checked their ammunition on Friday in preparation for any turmoil from Greece's election, with the European Central Bank hinting at an interest rate cut and Britain set to open its coffers.
Ex-business titan Gupta guilty of insider trading
NEW YORK (Reuters) - Rajat Gupta, a consummate business insider who once sat on the board of Goldman Sachs Group Inc, was convicted on Friday of leaking secrets about the investment bank at the height of the financial crisis, a major victory for prosecutors seeking to root out illicit trading on Wall Street.
NHTSA deepens probe of Chevy SUV door fires
(Reuters) - U.S. safety regulators have intensified a probe into possible driver-side door fires in some 2006 and 2007 model-year Chevrolet Trailblazer sport utility vehicles.
Goldman reshuffles management at merchant banking unit-WSJ
(Reuters) - Goldman Sachs Group disclosed the departures of three senior executives from its merchant banking business in the latest top-level reshuffle at the firm, the Wall Street Journal reported on Friday.
Burger King eyes China expansion
(Reuters) - Burger King Worldwide Holdings Inc said on Friday it plans to open 1,000 of its namesake restaurants in China over the next five to seven years under a newly-formed joint venture.
Lockheed wins network deal worth up to $1.91 billion
WASHINGTON (Reuters) - Lockheed Martin Corp , the Pentagon's largest supplier, has won a contract worth up to $1.91 billion to manage the U.S. military's Global Information Grid networks on a day-to-day basis, the U.S. Defense Department said on Friday.
