Virgin Atlantic Says Several Parties Are Interested in Tie-Up

Virgin Atlantic Airways, the airline that said six months ago it is interested in a merger deal, has attracted approaches from several parties.

“We’ve received a number of lines of enquiry,” Virgin spokesman Greg Dawson said in a statement, according…

Obama Meeting With 20 Top CEOs

President Barack Obama is meeting with 20 top CEOs today as he seeks to improve relations with the business community.

The invitation list largely shuns Wall Street in favor of high-flying tech companies. Eric Schmidt of Google (GOOG) will be there, …

McDonald’s Plans Massive Expansion in China

McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.

The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The comp…