Air Berlin Sells Miles Stake to Etihad for $243M

Air Berlin Plc sold control of its frequent-flier program to shareholder Etihad Airways for 184.4 million euros ($243 million) in a transaction that could help the discount carrier post its first annual profit since 2007.
Is Virtual Reality the Next Mega-Trend in Tech?
02:29 - Piper Jaffray's Gene Munster and Canaan Partners' Maha Ibrahim discuss the future of virtual reality with Bloomberg Businessweek's Brad Stone on "Bloomberg West." (Source: Bloomberg)
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