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Midday Market Report: 12/11/12
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Delta Airlines increases stake in Virgin Atlantic
- Duration 1:33
- Date Dec 11, 2012
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Delta Airlines increases stake in Virgin Atlantic
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More options for flying across the pond at Delta Airlines is buying Singapore.
Virgin Atlantic for 360 million dollars.
That'll give -- of 49%.
Stake in virgin and a bigger presence at London Heathrow Airport -- landing slots are highly coveted and highly limited.
The joint venture makes it easier to get between the UK and the US but the combined 31.
Peak day roundtrip flights.
The deal still needs approval.
US trade gap with the rest of the world wide and 42 point two billion dollars in October and hit a record -- with China.
Worries over the fiscal -- hitting small businesses the National Federation of Independent Businesses optimism index plunged last month.
Nearly half of small business owners expect future conditions to be worse for them.
-- its fiscal cliff -- heat affecting the 500 in 87 million dollar powerball jackpot.
Matthew good one of two jackpot winners chose to take a onetime payout of a 190 million dollars because the potential tax hikes in the new year.
-- -- move could save him nine million dollars.
And Europe's biggest bank is paying the largest fine in history for money laundering HSBC forking over one point nine billion dollars.
And an investigation over the transfer of funds from Mexican drug cartels.
And on behalf of nations like Iran that are under international sanctions.
From my -- on foxbusiness.com.
In New York -- amenity.