Business headlines

BAE BOSSES DETAINED AT US AIRPORT
Two senior BAE executives, including boss Mike Turner, are spoken to by the US Department of Justice.

NEW RAIL TICKET SYSTEM LAUNCHED
The first phase of changes to the rail ticketing system comes into force.

PROBLEM DEBT 'HITTING AFFLUENT'
A debt advice body says its offices in some affluent parts of the UK are overwhelmed by demands for help.

DELPHI COURT ACTION AGAINST FUND
US car parts firm Delphi takes legal action against an investment group over its withdrawal from a funding deal.

EA DEADLINE ON TAKE-TWO PASSES
A deadline from Electronic Arts for shareholders in Take-Two to accept a $1.9bn takeover offer passes.

PLASTIC BAG POLICY 'A DIVERSION'
Plans to tackle use of plastic bags are a diversion from the real environmental issues, a government adviser says.

US CONSUMER CONFIDENCE FALLS
US consumer sentiment is now at its lowest level in almost 28 years, says a closely-watched survey.

HOME CONSTRUCTION PICKS UP IN US
Construction of new US homes increased in April, raising hopes that the housing market may be recovering.

PHONES4U FACING MIS-SELLING PROBE
Regulator Ofcom says it will spend six months investigating Phones4U over alleged mis-selling.

BRITISH AIRWAYS PROFITS SOAR 45%
British Airways reports a sharp jump in annual profits to £883m but its boss says he will not accept a bonus.