Airbus Part Maker Said to Buy Volvo's Aero Unit

GKN Plc, a U.K. maker of components for Airbus SAS jetliners, has agreed to buy Volvo AB’s aircraft-engine unit for about 700 million pounds ($1.1 billion), two people familiar with the matter said.
Tesla's Marketing Strategy Is Brilliant: Patterson
01:53 - May 1 -- MatlinPatterson Global Advisers' Mark Patterson discusses Tesla branching out into the battery business with Bloomberg's Alix Steel on "Street Smart."
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