Twinkie time!
As The Post exclusively reported, Apollo Global Management and Metropoulos & Co. have entered into a “stalking horse” asset-purchase agreement for Hostess snacks, including Twinkies, for $410 million.
Us worry?
Boeing is sticking with plans to speed up production of its 787 and sees no reason to change the lithium-ion battery design at the center of the troubled plane’s problems, CEO Jim McNerney said.
Barclays bux
The former head of remuneration at Barclays told UK lawmakers she clashed with the British bank’s board over former boss Bob Diamond’s pay package and described some bank bonuses as “obscene.”
Enough!
Apple’s $1.05 billion award against Samsung from its patent-infringement trial was left intact after a judge denied Apple’s bid to increase the award.
Loews’ hi
The Loews Regency Hotel named Sant Ambroeus Hospitality as its restaurant partner. The hotel is set to reopen in the fall after a year-long renovation.