Local law firms Carson Boxberger LLP and Federoff Kuchmay LLP have merged, effective Sunday.
Jim Federoff, Scott Federoff and Jason Kuchmay will move into Carson Boxbergers second-floor offices in The Harrison, 301 W. Jefferson Blvd. The office, retail and residential building overlooks Parkview Field.
Carson Boxberger, which includes 24 attorneys, also has an office in Bloomington. The law firms areas of expertise include corporate, government and intellectual property law.
Federoffs three attorneys specialize in commercial real estate development, water rights disputes and real estate litigation.
Verizon to gain control of its wireless business
Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone carrier Vodafone.
The buyout, the second-largest acquisition deal on record, would give Vodafone PLC additional cash to pursue its expansion ambitions in Europe. It would also give Verizon Communications Inc. the opportunity to boost its quarterly earnings, as it would no longer have to share a portion of proceeds from the nations No. 1 wireless carrier with Vodafone.
US-made smartphone proves cheap to make
Motorolas new Moto X phone doesnt cost more to make simply because its assembled in Texas, research firm IHS said.
The Moto X is the first smartphone to carry the Made in the U.S.A. designation. Labor costs are higher in the U.S. compared with Asian factories, where phones are typically made.
But IHS said last week the Moto X is about 5 percent cheaper to make than Samsung Electronic Co.s flagship Galaxy S4 phone. The firm said the Moto Xs overall production cost is just 9 percent more than that of Apples iPhone 5.
Japan airline to buy 49% of Asian rival
The parent company of Japans All Nippon Airways says it plans to buy a 49 percent stake in Myanmars Asian Wings Airways, the first foreign investment in the countrys airline industry.
ANA Holdings said last week it will invest $25 million in AWA as part of its strategy for international expansion. Japanese companies are eager to tap opportunities in Myanmar as the long-isolated country opens to foreign investment.
AWA operates domestic routes in Myanmar and is profitable. ANA said the airline plans to begin operating on international routes in October.
ANA says it plans further expansion in fast-growing Asian markets. Beginning Sept. 30, the airline will begin operating daily flights between Tokyo and the Myanmar capital, Yangon.
It said the investment in AWA is subject to regulatory approvals.