Gogo Inc stock has skyrocketed since the American Airlines announced its dropping the lawsuit against the Chicago-based company. Gogo has decided to submit a proposal to retain its contract with American.
The UBS tax probe has ended after five years. However, the Swiss bank may be facing huge penalty and trial after the French judges decided on the case.
A UN panel has agreed to ban the shipments of rechargeable lithium batteries on airlines due to safety risks. But then the commission promised to lift the ban if a new packaging will be developed for batteries for safety.
U.S. Supreme Court Justice Antonin Scalia's funeral service on Saturday was attended by prominent members of the politics, religious and law. The day gave a break to Washington nomination of the judge's successor.
