Financial news on September 19th, 2009
Business and Financial news
American Airlines, which is in talks with Japan Airlines, is seeking support from its Oneworld alliance partners, hoping they will help sweeten its offer of fresh capital and closer commercial ties. Read more..
A Labor Department report shows that jobs remain scarce even as most analysts believe the economy is pulling out of the worst recession since the 1930s. Read more..
The proposal would expand and formalize rules meant to keep Internet providers from discriminating against certain content flowing over their networks. Read more..
The drug Phenergan, made by Wyeth, was mistakenly injected intravenously into a patient. She sued after her hand and forearm were amputated because of complications. Read more..
The Federal Reserve’s rules, which would reportedly apply not just to executives, would scrutinize the structure of compensation in an effort to discourage excessive risk-taking. Read more..
The chairman of Walt Disney Studios, Dick Cook, announced his resignation late Friday as the division he has led struggled with profitability in a shifting media landscape. Read more..
The hostility between the Fox News Channel and its competitors escalated over an advertisement in which Fox accused its competitors of missing the story of the so-called anti-tax protests in Washington. Read more..
Even the wealthy have grown cautious about managing personal income. Does one buy a Porsche or an Acura? Read more..
The lawsuit asserts that Joost’s former chief executive misused confidential technical information about the peer-to-peer architecture behind both Skype and Joost. Read more..
The appeals arise from an agreement with the U.S. to hand over data on accounts at UBS that were used by some American clients to evade taxes. Read more..