By DAVID KOENIGAP Airlines Writer
DALLAS (AP) - A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.
That's a greater loss of competition than occurred with the 2010 merger
NEW YORK (AP) - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year.
The Dow Jones industrial average dropped 206 points, or 1.4 percent, to 15,112. It was the Dow's seventh straight
By Kate Knibbs
After the PRISM leak, you probably want to know exactly what the NSA has on file about you. And here's some good news amid all the are-we-living-in-a-surveillance-state hand-wringing: Civil rights advocate Jonathan Corbett put together a website called My NSA
By COLLEEN BARRYAssociated Press
MILAN (AP) - Sophia Loren wore green silk and sunglasses for her date with the taxman, Luciano Pavarotti a suit and sneakers. Diego Maradona gave up his diamond stud earring to pay off a tax debt.
Some of Italy's most well-heeled residents have come under the
By NICHOLAS RICCARDI and MEAD GRUVERAssociated Press
COLORADO SPRINGS, Colo. (AP) - As the West battles one catastrophic wildfire after another, the federal government is spending less and less on its main program for preventing blazes in the first place.
A combination of government austerity and
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - The Federal Reserve sketched a slightly brighter picture of the U.S. economy this year and next, a sign it is moving closer to slowing its bond-buying program.
The Fed now predicts unemployment will fall to 7.2 percent or 7.3 percent at
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year because the economy is strengthening.
The Fed's purchases of Treasury
By DAVID KOENIGAP Business Writer
DALLAS (AP) - FedEx Corp.'s fourth-quarter profit fell 45 percent as international customers traded down to less-expensive delivery options and the company spent heavily on restructuring.
FedEx said 3,600 employees will take voluntary buyouts and nearly half of
By JENNIFER C. KERRAssociated Press
WASHINGTON (AP) - The Justice Department violated its own rules when it secretly seized records for thousands of phone calls to and from journalists for The Associated Press as part of a leak investigation, the head of the company said Wednesday.
AP President and
By CASSANDRA VINOGRADAssociated Press
LONDON (AP) - Britain's Supreme Court quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Wednesday that Bank Mellat had been arbitrarily singled out.
The U.S. Treasury Department slammed
UPDATE: Authorities say that a tan SUV was heading west on 35th on Wednesday afternoon when the driver ran a stop sign at Freya. A blue SUV that was headed south on Freya hit the tan SUV causing the vehicle to flip over.
There were two people in the overturned SUV, a woman and a little girl. They
AMMON, Idaho (AP) - Officials with the Bonneville County sheriff's department say a 21-month-old southeastern Idaho girl has died after she was left in a vehicle. A news release says deputies and paramedics were called shortly after 5:15 p.m. Tuesday to a residence in Ammon,
SPOKANE, Wash. (AP) - The man accused of strangling his girlfriend and putting her body in a tub of acid at a Nine Mile Falls home pleaded not guilty Tuesday to a murder charge in Spokane.
The trial for 27-year-old Jason Hart is set for Aug. 12.
He's accused of killing 33-year-old Regan