Airbus to drop lithium-ion batteries in A350
02/15/2013 1:02am
Airbus said Thursday it is dropping lithium-ion batteries from its new A350 airplane because of uncertainty surrounding the technology that has led to the grounding of Boeing's 787.
Norwegian Air Shuttle returns to profit in Q4
02/15/2013 1:18am
Higher revenues have helped Norwegian Air Shuttle ASA return to profit in the fourth quarter of 2012.
Anglo American mining company reports loss
02/15/2013 2:10am
Mining company Anglo American PLC has posted a $1.5 billion net loss for 2012 due to weak commodity prices and problems with a Brazilian iron ore project.
3 candidates vie for Cyprus' top political job
02/15/2013 2:52am
Cypriots elect a new president Sunday from among 11 candidates. Here is a look at the three main candidates.
Airbus to drop lithium-ion batteries in A350
02/15/2013 6:17am
Airbus abandoned its plans to use lithium-ion batteries for its new A350 airplanes due to the uncertainty surrounding the technology following the grounding of Boeing's 787, the company said.
Persistent Parker nears top job at American
02/15/2013 7:07am
Doug Parker has no problem donning rapper Psy's light blue tuxedo for Halloween and performing his own version of Gangnam Style before hundreds of employees. The CEO of US Airways even let a video of his dance get posted to YouTube. He's outspoken, confident, and persistent, and he is very close to being put in charge of the world's largest airline.
Xoom leaps in 1st day as a publicly traded company
02/15/2013 9:40am
Shares of Xoom soared more than 40 percent in their first day as a publicly traded company.
Statoil to develop heavy oil field offshore UK
02/15/2013 10:14am
Norwegian energy company Statoil ASA says it has received approval from the British government to develop the Mariner heavy oil field, the U.K.'s largest new offshore development in more than a decade.
AMR CEO Horton in line for $20 million severance
02/15/2013 10:27am
Tom Horton won't get to lead the new American Airlines after it merges with US Airways, but he'll get a going-away prize of nearly $20 million.
Vatican's new bank chief has military ship links
02/15/2013 11:15am
The Vatican was drawn into a new controversy Friday after acknowledging that its bank's new president is also chairman of a shipbuilder making warships _ a significant conflict for an institution that has long shunned ties to military manufacturing.
Runners and riders in Europe's horsemeat scandal
02/15/2013 11:54am
The European Union agreed Friday to begin random DNA checks on meat products in a bid to put a lid on a spreading scandal over horsemeat, while British authorities announced traces of horse had been found in school meals, restaurant dishes and hospital food, as well as supermarket products.
Kraft Foods expects lower 4Q revenue
02/15/2013 1:23pm
Kraft Foods, the company behind brands such as Oscar Mayer and Miracle Whip, said Friday that it expects to report lower revenue for the fourth quarter and raised its earnings forecast for this year.
Report: SEC investigating trading in Heinz deal
02/15/2013 2:48pm
Federal regulators have opened an insider trading inquiry on the $23 billion acquisition of H.J. Heinz, according to a publish report.
SEC alleges insider trading ahead of Heinz deal
02/15/2013 3:58pm
Federal regulators have alleged that a brokerage account in Switzerland was used for illegal insider trading ahead of the H.J. Heinz acquisition Thursday.
Quintiles files with SEC to become public company
02/15/2013 4:59pm
Clinical testing company Quintiles Transnational wants to become a public company again after nearly a decade in private hands.
A look at US merger activity going back to 2000
02/15/2013 5:26pm
Here is a look at U.S. merger and acquisition activity going back to 2000. Number of deals and value are listed. Deals peaked in 2007, just before the Great Recession.
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