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Allegiant Travel strikes tentative deal with Allegiant Air pilots

The deal comes after years of unsuccessful contract talks and allegations made by the pilots union that Allegiant failed to abide by a July 2014 federal court injunction that directed the low-cost carrier to restore the pilots' benefits and work rule protections to levels negotiated previously. The tentative agreement must be voted on and ratified by Allegiant Air pilots, who were represented by the International Brotherhood of Teamsters, and the results are expected in late July, the company said. Last year, the air pilots threatened to go on a strike…

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Allegiant Travel strikes tentative deal with Allegiant Air pilots

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Nokia-Samsung patent verdict expected within days

Nokia and Samsung are expected to settle their two-year patent dispute within days, with analysts forecasting a one-time payment of hundreds of millions of euros for the Finnish company. Nokia entered into a binding arbitration with South Korea's Samsung in 2013 to settle additional compensations for a five-year period starting from early 2014. The International Chamber of Commerce's arbitration court is due to make its ruling on the issue imminently.

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Nokia-Samsung patent verdict expected within days