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United Technologies Aerospace Systems expects compound annual revenue growth to average 6 percent over the next five years, and is looking for acquisitions in four key areas, an executive said on Monday. The company is looking for acquisitions in avionics, interiors, structures and hydraulics, UTC Aerospace Systems President Dave Gitlin told a media briefing, noting those are areas where UTC does not yet have a large presence. Any acquisitions likely would boost revenue growth beyond the 6 percent expected from existing operations, he said.
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FRANKFURT (Reuters) - Deutsche Bank is ending plans to set up a new digital banking service in the United States, according to an internal memo from Chief Executive John Cryan.
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The United States Patent and Trademark Office earlier this week granted Google a patent for "Adhesive Vehicle Front End For Mitigation of Secondary Pedestrian Impact." The patent application, filed a year and a half ago, credits Google employees Alex Khaykin and Daniel Lynn Larner as the inventors of the new technology. This latest patent grant is for "a system for protecting a colliding object from a secondary impact."
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