World Busines and Finance news

The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the nation’s third-biggest airline remakes itself […]

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U.S. Steel says its fourth-quarter loss narrowed, as strong demand for its pipes from the oil industry boosted its sales.
The Pittsburgh-based steel company also says […]

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Royal Bank of Scotland chief executive Stephen Hester will not be accepting a 1 million pound ($1.5 million) bonus that drew criticism from British public […]

Filed under: economics, loans by Wolf
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Egypt’s election commission and political groups say final results from the country’s first elections since the ouster of Hosni Mubarak show Islamist parties winning nearly […]

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Last summer, Marie Davis was living in an 800-square-foot, one-bedroom apartment and not liking it. A single woman of 27, she wanted bigger and better.
“I […]

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Shares of Carnival plummeted in U.S. trading Tuesday after the cruise line operator said it may suffer a more than $100 million hit to […]

Filed under: Uncategorized, management by Wolf
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The Swiss drugmaker Novartis is cutting nearly 2,000 jobs in the United States, anticipating the impending loss of patent protection on its blockbuster drug […]

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President Barack Obama will ask Congress today to give him power to reorganize the federal government, a White House official said.
The president is to […]

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Shifting winds caused flames to sweep over a group of firefighters battling wildfires in Chile on Thursday, killing six of them, badly burning two and […]

Filed under: Uncategorized, legal by Wolf
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Much has been made of the grave risks the world faces in 2012. The Euro seems bound to collapse. China’s overheated real estate market […]

Filed under: management, money by Wolf
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