That's the message for U.S. Federal Reserve officials contemplating an interest-rate increase this year as the world's finance chiefs and central bankers gather in Lima to discuss a sluggish global economy.
The unusual structure of the takeover offer for SABMiller is designed to save Altria, its biggest shareholder, an estimated tax bill of as much as $10 billion.
Blackstone is to pay $39m in compensation and fines in the latest action by US regulators to stamp out hidden fees across the private equity industry.
CEO Bj�rn Kjos said the company hopes to keep costs low by flying out of U.S. airports with low fees. (Thinkstock). Print Email · Allie Healy | ahealy@syracuse.
European plane maker Airbus filed a patent for a seating design that would literally stack passengers on top of each other. If it ever makes it to market, the layout could turn planes into a complex game of human Tetris.