
F-35 grounding threatens showcase at Farnborough
The U.S. Navy maintains grounding order for F-35 fighter jets, threatening their appearance at two key trade shows.

Alibaba outlines board plans, sets value at $130B
Chinese e-commerce company’s board can be expanded to 11 members after Alibaba’s New York IPO this year.

Burberry investors vote down CEO’s big pay deal
Burberry shareholders rejected a 20 million pound remuneration package for its new CEO. The Financial Times reports.

Ex-Macau partner suing Las Vegas Sands for $5B
A former Macau business partner of Las Vegas Sands is suing Sands for at least $5 billion in profits that it says are owed.

John Malone is looking for the next Netflix
With a Comcast-Time Warner Cable deal in the offing, John Malone’s dealmaking could shift from the U.S. to Europe.

Slim expects growth for Mexican economy in 2015
Carlos Slim thinks Mexico’s economy will start to grow at a faster pace next year after overcoming a sluggish couple of years.

S&P ups Ukraine outlook to stable from negative
S&P revised its outlook on Ukraine to stable from negative, saying an IMF program has helped improve the economy.

Stocks have room to run, hedge funds bet
Stocks reaching record highs haven’t caused hedge funds to decrease their market exposure.

Bulgaria to allow its 4th biggest bank to collapse
Bulgaria will allow Corpbank to collapse after a host of shady activities tied to its primary shareholder led to doom.

Get hitched at McDonald’s…no, really!
Nothing spells eternity like a McD’s balloon wedding gown or a crystal McD’s house wedding gift for some couples in Hong Kong.