JPMorgan Chase & Co . commercial- banking chief Todd Maclin and international operations head Heidi Miller , two of Chief Executive Officer Jamie Dimon ’s top executives, plan to step down from their posts as early as next year.
United Airlines parent UAL Corp. and Continental Airlines Inc. agreed to merge in a stock swap valued at more than $3.2 billion to create the world’s largest carrier, reviving a deal that fell apart two years ago.
UAL Corp.’s United Airlines and Continental Airlines Inc. are studying a stock-for-stock merger with no premium, two people with knowledge of the talks said, in a deal that would create the world’s largest carrier.
Last month, Verizon Communications Inc. Chairman Ivan Seidenberg accused the federal government of “injecting uncertainty into the marketplace.” Last week, he was named to a presidential panel on U.S. exports.
UAL Corp.’s United Airlines and Continental Airlines Inc. are at odds over how to value their planned no-premium stock merger, with negotiations focused on what time period to use for the stock-swap ratio, said three people familiar with the situation.