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September 18th, 2014
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Archive: News / Biz / Business & Finance (21 Stories)

Vodafone bolsters investment spending

11/12/2013 2:48am
Vodafone, one of the world's largest cellphone companies, is ramping up its investment in an attempt to bolster its competiveness amid the move to 4G technology.

China, India becoming key drivers of energy demand

11/12/2013 3:04am
The International Energy Agency says China and India are becoming the world's main drivers of energy demand as the United States continues to boost its domestic production of oil and gas.

UK inflation falls to 2.2 pct, lowest in a year

11/12/2013 3:25am
Official figures say inflation in Britain fell to 2.2 percent in October, its lowest level in more than a year, thanks in part to a sharp drop in gas prices.

The secret, dirty cost of Obama's green power push

11/12/2013 4:32am
The hills of southern Iowa bear the scars of America's push for green energy: The brown gashes where rain has washed away the soil. The polluted streams that dump fertilizer into the water supply.

Airlift supplier to US military in bankruptcy

11/12/2013 7:40am
Global Aviation Holdings Inc., the largest provider of private airlift services to the military, has filed for bankruptcy protection in Delaware, citing the cancellation of missions.

Siemens subsidiary fined over Russian bribes

11/12/2013 8:08am
Swiss prosecutors say a subsidiary of Germany's Siemens AG has acknowledged it failed to prevent bribes being paid to a Russian gas company and agreed to pay nearly $11 million in fines.

GlaxoSmithKline drug fails in late-stage study

11/12/2013 8:19am
A potential GlaxoSmithKline heart disease treatment acquired in a key company takeover fell short in a big, late-stage study.

A glance at store hours for holiday kickoff

11/12/2013 9:18am
Thanksgiving and Black Friday store hours for several major retailers:

A timeline of events in American Airlines' history

11/12/2013 10:01am
1930: American Airways Inc. is incorporated. The name changes to American Airlines Inc. in 1934.

Timeline of major events in US Airways history

11/12/2013 10:03am
1939: Richard du Pont, of the DuPont chemical dynasty, founds All American Aviation, providing airmail service in Pennsylvania and the Ohio valley.

What an American-US Airways merger means for you

11/12/2013 10:41am
American Airlines and US Airways have cleared the last major hurdle to merging, but it will be several months _ if not years _ before passengers see any significant impact.

News Summary: China, India drive energy demand

11/12/2013 10:41am
POWER PLAY: The International Energy Agency says China and India are increasingly driving world energy demand as the United States' production boom puts it on track to become independent of the global market.

Terms of American, US Airways agreement with gov't

11/12/2013 1:10pm
The Department of Justice reached an agreement Tuesday with American Airlines and US Airways to allow their merger to proceed. As part of the deal, the two airlines agreed to concessions that will make it easier for other carriers to fly into some of the nation's busiest airports. The other airlines would like to serve those airports now but are blocked either by government restrictions on the number of takeoffs and landings or by too few available gates.

How American-US Airways deal impacts competitors

11/12/2013 1:59pm
The Department of Justice announced Tuesday that it would let the merger of American Airlines and US Airways proceed after the two carriers agreed to give up landing and takeoff slots and gates at key airports, notably Washington's Reagan National and New York's LaGuardia. With the agreement, the government hopes to increase access to the nation's busiest airports for low-cost airlines and to maintain flights to smaller cities.

All day shopping frenzy on Thanksgiving?

11/12/2013 2:14pm
Last Thanksgiving Day, Kimberly Mudge Via's mother, sister and nieces left in the middle of their meals to head for the mall.

News Summary: 5-ex Madoff employees on trial

11/12/2013 2:36pm
DON'T ASK, DON'T TELL: The first ex-employee of Bernard Madoff to testify at the New York trial of five former employees says he rarely questioned his former boss as the money rolled in. David Kugel said he was instrumental in concocting phony trades. But he always kept his mouth shut, and never suspected a Ponzi scheme.

Gov't reaches agreement to allow airline merger

11/12/2013 4:12pm
American Airlines and US Airways reached a deal with the government that lets the two form the world's biggest airline and opens up more room at key U.S. airports for low-cost carriers.

Wal-Mart steps up competition for holiday shopping

11/12/2013 4:15pm
Wal-Mart Stores Inc. said Tuesday that it will start offering its holiday deals in its stores at 6 p.m. on Thanksgiving _ two hours earlier than last year.

Office Depot names Roland Smith as CEO

11/12/2013 4:30pm
Office Depot Inc. said Tuesday that Roland Smith will be the new CEO of the office supplies retailer as it combines with OfficeMax.

Tesla CEO: 'Definitely' no recall of the Model S

11/12/2013 4:40pm
Tesla Motors CEO Elon Musk says the company "definitely" won't recall its Model S electric car despite three vehicle fires in the last six weeks.

Starbucks to pay $2.76B in coffee spat with Kraft

11/12/2013 4:40pm
An arbitrator has concluded that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution.
 
   
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