Honeywell's Penny-Pinching Top Lawyer Uses Volume Discounts to Lower Fees

(Bloomberg) -- Peter Kreindler, the top lawyer at
Honeywell International Inc., likes to buy his briefs in bulk.

Kreindler said he hopes to trim work from hundreds of law
firms in Europe this year to gain volume discounts. In the U.S.,
he has already cut the number of firms he uses for litigation,
employment and intellectual property issues to about 20 from 60.


Read more at Bloomberg Exclusive News

Wall Street gains on data, takeover news

(Reuters) - U.S. stocks rose on Monday, lifted by takeover news and data showing stronger manufacturing growth in June even as price pressures eased.

As the data reassured investors about the economy, shares of large industrial companies such as Caterpillar Inc. and Honeywell International gained.


Read more at Reuters Africa