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British Airways again canceled dozens of flights at Heathrow’s new Terminal Five as its staff struggled with new technology meant to hasten check-in procedures.
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J. C. Penney sharply cut its earnings forecast for the first three months of the year, blaming the tough economy, yet another sign of distress in American retailing.
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The Bush administration plans to propose broad new authority for the Federal Reserve to oversee market stability, possibly exposing Wall Street firms to greater scrutiny, but avoiding a call for tighter regulation.
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The disruption of a Chinese official’s address in Greece was just the beginning of a string of protests planned to coincide with the torch’s trip around the globe.
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When the first quarter ends on Monday, share prices will have suffered their worst losses in more than five years. And American investors will have done better than most.
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Posted: March 28th, 2008, 8:32pm EDT
Following is the executive summary of the Blueprint for Financial Regulatory Reform, a report from the Treasury Department on ways to improve oversight of the financial services sector.
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A Delaware court ruled in favor of Barry Diller in his dispute with Liberty Media’s chairman John Malone, paving the way for IAC to proceed with its planned spin-off of four units.
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A judge ruled that the heirs of the co-creator of Superman were entitled to reclaim their share of the U.S. copyright, 70 years after their ancestor sold rights to the character for $130.
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Membership in the United Auto Workers union fell below 500,000 for the first time since World War II, reflecting the restructuring undertaken by Detroit’s automakers.
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Membership in the United Auto Workers union has fallen below 500,000 for the first time since World War II, reflecting the reorganization undertaken by Detroit’s automakers.
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Informal merger talks resumed between the airlines with Northwest inquiring whether Delta would be interested in pursuing a combination even without prior pilot approval.
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UBS, Merrill Lynch and the Bank of America were subpoenaed as the state looks into whether investors were properly informed of the risks of auction-rate securities.
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The move by Northwest follows similar steps taken by other carriers to bolster revenue amid high fuel prices.
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Boeing agreed to acquire a 50 percent stake in a South Carolina fuselage subassembly facility in a move that could improve efficiency in the construction of the new 787.
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Economists note there should not be two prices for one thing at the same place and time. But, in effect, that has been happening in trading that sets prices for corn, soybeans and wheat.
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The distributor of open-source software said higher expenses related to sales and marketing offset a jump in revenue.
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The presidential candidates’ ideological clashes are less about whether the government should step in and more about whom it should try to rescue.
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Mr. Peterson invented the Egg McMuffin as a way to introduce breakfast to McDonald’s restaurants.
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In volatile trading, the Dow Jones industrial average fell by more than 100 points.
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The Lennar Corporation reported a first-quarter loss of $88.2 million as it absorbed charges to write down asset values and costs, while new home sales and prices sank.
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The company has filed a complaint in New York State Supreme Court against its former chief executive and six other former directors and officers.
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The Food and Drug Administration said that recent data show patients taking H.I.V. drugs from GlaxoSmithKline and Bristol-Myers Squibb may have increased risk of heart attack.
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The acquisition is American Express’s latest effort to bulk up its corporate payments business, seen as a relatively stable earnings generator.
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The upscale home goods retailer posted a higher quarterly profit, but its shares fell 5 percent after it forecast disappointing earnings for the current fiscal year.
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Even as the national economy slips toward recession, job numbers in New York City have moved counter to that trend.
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Hillary Rodham Clinton said she would like to limit the cost of health insurance to no more than 10 percent of Americans’ income, a significant reduction for some families.
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Losses of confidence in America’s economy have occurred before, but renewal can take time when fear is self-fulfilling as businesses and consumers cut back.
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Barack Obama called for tighter regulation of lenders as he spoke of pumping $30 billion into the economy to shield homeowners.
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Frederick A. Henderson is charged with accelerating General Motors’s growth around the world while steering its comeback effort at home.
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The Harvard Management Company appointed Jane Mendillo, the chief investment officer at Wellesley College, as its president and chief executive on Thursday.
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The chairman of Bear Stearns, James E. Cayne, sold $61.3 million of the company’s shares, according to a regulatory filing.
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The Federal Reserve announced Thursday that it would hold public meetings next month on the offer by Bank of America to acquire Countrywide Financial.
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ConAgra, the owner of brands like Healthy Choice, Chef Boyardee and Peter Pan, also increased its earnings outlook for the full year on Thursday.
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The Los Angeles Times acknowledged on Thursday that it had relied on apparently forged documents for its investigation into an assault on the rapper Tupac Shakur.
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A campaign that is scheduled to begin on Monday presents the Intel Corporation as the problem-solver for the people who solve the computer network problems for others.
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The economy nearly sputtered out in the final quarter of last year and is probably faring even worse now amid the housing, credit and financial crises.
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Pentagon Capital Management, a £1 billion ($2 billion) hedge fund, said it would return investors’ money because of an investigation by the S.E.C.
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All Nippon Airways has ordered 15 of the aircrafts, which will be the first regional jet to use composite material for its wings and vertical stabilizer.
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David Neeleman, founder of JetBlue Airways, said he has already agreed to buy 36 Brazilian-made jets with a total list price of $1.4 billion.
