By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - The president of All Nippon Airways, Boeing's biggest single customer for its troubled 787 Dreamliner, said Friday that he believes the U.S. manufacturer has made progress in resolving problems with the aircraft's lithium-ion batteries.
By BARBARA ORTUTAYAP Technology Writer
NEW YORK (AP) - Struggling online deals pioneer Groupon has fired its quirky founder and CEO, Andrew Mason, amid worries that people are tiring of the restaurant, spa and Botox deals that Groupon built its business on.
In a refreshingly candid memo to staff,
LOS ANGELES (AP) - The company behind the "Girls Gone Wild" video empire has filed for bankruptcy in a move it says is an effort to restructure its legal affairs after several disputed court judgments.
GGW Brands LLC and several subsidiaries filed for Chapter 11 bankruptcy on Wednesday in Los
By ANDREW TAYLORAssociated Press
WASHINGTON (AP) - Senate Republicans have killed a plan backed by President Barack Obama to replace $111 billion in government spending cuts this year with a new minimum tax on the wealthy and cuts to defense and farm subsidies that would be slower to strike.
By PAUL WISEMANAP Economics Writer
WASHINGTON (AP) - As economic policy goes, experts say, the automatic spending cuts that kick in Friday are - to use a technical term - bone-headed.
Fortunately, the self-inflicted wound isn't going to leave a deep scar on an economy that is otherwise looking
LOS ANGELES (AP) - Dietary supplements company Herbalife will add two new members to its board of directors at the request of billionaire investor Carl Icahn, who has backed the company in a public spat with hedge fund manager Bill Ackman.
Herbalife said in a statement Thursday that its board will
WARSAW, Poland (AP) - One of Poland's top veterinarians said Thursday that traces of horse-meat DNA have been found in beef samples taken from three meat processors - the first acknowledgement that the country could be a source of the horse meat that fraudulently ended up in processed meat
By The Associated Press
NEW YORK (AP) - The price of oil was little changed Thursday after the government slightly revised upward its estimate of fourth-quarter U.S. economic growth.
Benchmark crude for April delivery fell 10 cents to $92.66 a barrel in afternoon trading on the New York Mercantile
LONDON (AP) - International Airlines Group, which owns British Airways and Iberia, lost €923 million ($1.2 billion) last year on restructuring costs and writedowns on the value of its Spanish unit.
The net loss announced Thursday compares with a profit of €412 million the year before.
By JOSH FUNKAP Business Writer
OMAHA, Neb. (AP) - What will life be like without Warren Buffett?
Berkshire Hathaway shareholders may have gotten a glimpse into that future. Most of Berkshire's deals last year didn't directly involve the 82-year-old investor. They originated with a