(Reuters) - World financial markets became reacquainted with fear last week, and even if it was short-lived, the ructions in some riskier assets looked to some like a precursor to a much rougher ride down the road.
Aecom Technology Corp. (ACM:US) agreed to acquire URS Corp. (URS:US), the engineering and construction-management company targeted (URS:US) by activist hedge fund Jana Partners LLC, for about $4 billion in cash and stock.
Boeing Co. (BA) is working on a modified narrow-body 737 model that can accommodate more passengers and is aimed at the discount-airline industry that seeks to pack in as many travelers as possible on short-haul flights.
LONG BEACH, Calif. - The ports of Los Angeles and Long Beach should be free of trucker picketing this week thanks to a deal brokered Saturday by Los Angeles Mayor Eric Garcetti.
LONDON, July 13 (Reuters) - Engine maker Pratt & Whitney unveiled an enhancement to its engine for the Airbus A320neo plane on Sunday that it says will improve fuel burn efficiency by a further 2 percent, stepping up the battle with rival CFM.