McDonald’s Has Friends in High Places in High-Stakes Labor Fight December 12, 2019 By Michael Smith, Josh Eidelson, Lauren Etter and Hassan Kanu In a television commercial that’s become part of the lore surrounding Donald Trump’s affinity for McDonald’s Corp., he embraced a...
Florida ‘Dodged a Cannon’ as Irma Swerved and Weakened September 11, 2017 By Jonathan Levin , Michael Smith and Mark Chediak Florida is drenched, tattered — but fortunate. Hurricane Irma weakened as it moved past Tampa on Monday, leaving in its...
New York’s ‘Sixth Borough’ with Trophy Condos in Hurricane Irma’s Path September 8, 2017 By Katya Kazakina and Michael Smith Beyond the bar and the palm-fringed pool, past the gold-leafed columns and floor-to-ceiling murals, workers at the grand Faena Hotel...
Rolls-Royce, Qantas Settle A380 Engine Dispute for $100 Million June 22, 2011 By Balazs Koranyi and Michael Smith Rolls-Royce and Qantas have reached a settlement over an Airbus A380 engine explosion last year that forced a jet with...
BofA Sells Balboa Insurance Portfolio to Australia’s QBE February 4, 2011 By Michael Smith Bank of America agreed to offload its Balboa insurance portfolio to Australia’s QBE Insurance for more than $700 million, the...
Qantas Aiming to Settle with Rolls-Royce over A380 Engine Failure January 20, 2011 By Michael Smith Australia’s Qantas Airways is working towards a commercial settlement with Rolls-Royce over last year’s mid-air engine explosion, its chief executive...
Insurers, Industries Affected by Australia’s Floods January 11, 2011 By Michael Smith Australia’s mining industry has borne the brunt of the economic impact from massive floods in Queensland state, but agriculture, construction,...
EU Safety Regulator Orders A380 Engine Inspection November 11, 2010 By Michael Smith and Raju Gopalakrishnan Europe’s aviation regulator said fire from an oil leak was the likely cause of last week’s engine failure of a...
Qantas Grounds A380s for 3 More Days to Inspect Engines November 8, 2010 By Balazs Koranyi and Michael Smith Australia’s Qantas Airways has grounded its A380 fleet for at least another three days as it investigates oil leaks as...
Tight Market Drives Australian Companies into Deals Abroad October 21, 2010 By Michael Smith and Sonali Paul Cash rich Australian companies are being forced to search offshore for takeover targets as the small local market has become...