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Hijack hoax lands flyer in jail for life in India

Bloomberg An Indian court sentenced a business class passenger to life in jail after he was found guilty of placing a hijacking note in the washroom of a flight, the first such ruling under a new law. Birju Kishor Salla, 38, was also fined 50 million rupees ($720,000), which will be distributed among pilots, crew and passengers, a special court ...

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Amazon to donate $8m to two nonprofit groups

Bloomberg Amazon.com Inc plans to donate $8 million to two nonprofit groups working on homelessness and affordable housing in Seattle and Arlington County, Virginia. Seattle’s largest employer has long been a target of activists there who contend the company didn’t do its part to help the city moderate a surge in the cost of living amid the tech boom. Last ...

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Litt threatens proxy fight at Taubman

Bloomberg Activist investor Jonathan Litt is threatening a proxy fight next year at Taubman Centers Inc if the US mall owner doesn’t take steps to improve its performance, including exiting Asia or divesting its top-performing properties. Litt said in a letter to shareholders that he planned to nominate directors at the 2020 meeting unless the company makes “meaningful progress.” “Their ...

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