Foley: 'History Does Not Offer Reassurances For This Strategy'
Bombardier intends to sell its rail unit to Alstom and expects proceeds of at least $4.2 billion that would help reduce its crushing debt load. In doing so, the company is putting all of its remaining chips down on the last man standing business jet division, which would become the only pure-play in the industry.
Basketball Star And His 13-Year-Old Daughter Were Fatally Injured In California Accident
The widow of basketball star Kobe Bryant, who along with his 13-year-old daughter and seven others were fatally injured when the helicopter they were aboard impacted terrain in California last month, has sued the helicopter operator for the wrongful death of her husband and daughter.
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