The parent company of American Airlines filed for bankruptcy protection Tuesday, seeking relief from crushing debt caused by high fuel prices and expensive labor contracts that its competitors shed years ago.
Even higher fares couldn't pull American Airlines out of its financial nosedive.
A third Nevada jury has found pharmaceutical companies liable and awarded $14 million to a couple in a lawsuit stemming from a Las Vegas hepatitis C outbreak.
American Airlines is buying at least 460 new planes over the next five years in what it calls the biggest airline order in history. And in a victory for Airbus, it's splitting the work between the European plane maker and Boeing.
An unexpected jump in claims for unemployment benefits and plummeting oil prices drove stocks lower early Thursday.
Stocks were lower for a fourth straight day with banks and energy companies leading the decline. Worries about a slowing economy also continued to weigh on the broader market Monday.
Southwest Airlines Co. has joined a sweeping increase of $10 in the price of many domestic round-trip airfares, citing the need to offset high fuel prices.
Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe.
Southwest Airlines Co., the nation's biggest discount airline, reported a profit of $112 million for spring and early summer.
