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Republic Closer to Bankruptcy as Teamsters Ground Proposed Pilot Deal

Labor leaders want to return to negotiate but the airline said if the proposed contract isn't signed, it's filing for bankruptcy.

Fiat Chrysler-GM Tie-Up Is Sergio Marchionne's Impossible Dream

The only one who thinks a merger with GM will take place is the Fiat chairman, who wants to secure his legacy.

General Motors Will Keep Driving No Matter What Happens in China

North American sales continue to shine, which is why GM can survive a Chinese slowdown.

Textron Goes Back to the Drawing Board to Fix its Problems

Textron's helicopter unit has seen declining orders and has struggled to grow. It had hoped to merge its helicopter unit with its rival -- cutting costs and sparking growth.

Pentair Did What Nelson Peltz Asked -- Now It's a Waiting Game

The activist investor behind Trian bought into Pentair this year, and pushed it to do an acquisition. This month, a deal was announced, and the doubters are already buzzing.

Republic Airways Labor Woes Leave Its Stock in a Tailspin

Conflicts between labor and management at regional flight operator Republic Airways have shaved 70% off its stock value this year. Should an outsider -- or buyer -- get involved?

Johnson Electric Pays $659 Million for Canada's Stackpole

The Hong Kong-based electric motor maker said the purchase will boost share in the automotive parts business.

Warren Buffett's Massive Bet on Aerospace is Textbook Buffett

The deal continues Berkshire's shift toward industrials and puts a company frustrated by quarterly expectations in more patient hands. It also bets that airlines will keep ordering new planes.

Delta May Forgo Japan in Shift to Rest of Asia

The company's offer to lead a restructuring of bankrupt Skymark Airlines was rejected by creditors in favor of a domestic plan, ending Delta's last best chance to grow in Japan.

China Gets Big Fertilizer Rival With $8 Billion CF Industries Deal

The combination would rank as a global leader in nitrogen production and help both CF Industries and OCI NV counter low-cost production from China.

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