News 2008-05-22 Andanh.com

American, Cutting Back, Plans $15 Bag Fee Thu, 22 May 2008 04:03:23 GMT
The nation’s largest carrier said it would eliminate free checked baggage and take up to 85 aircraft out of its fleet.

Understanding and Outrage From Air Travelers Wed, 21 May 2008 23:23:20 GMT
Airline passengers expressed a variety of opinions about American Airlines’ move to charge $15 for each checked bag.

Concerns From Fed Reverberate on Wall Street Thu, 22 May 2008 03:10:10 GMT
The hawkish tone of the minutes, in which Fed policymakers signaled a willingness to freeze their rate-cutting campaign, sent the stock indexes tumbling.

Senators Sharply Question Oil Officials Thu, 22 May 2008 02:56:21 GMT
Democrats on the Senate Judiciary Committee grilled top oil executives over their pay and warned that Congress was intent on taking action that could include a tax on so-called “windfall” profits.

As Oil Prices Rise, Nations Revive Coal Mining Thu, 22 May 2008 02:55:34 GMT
Soaring commodity prices have been an unanticipated boon to coal producing regions that had written coal mining off as a relic of the Industrial Revolution.

Practically Speaking: Small Businesses (and Their Customers) Feel Sting of Inflation Thu, 22 May 2008 03:40:00 GMT
The cost of doing business keeps rising for small businesses. Having to pay more for goods and fuel means increasing prices, too.

Bell Canada Takeover Is Blocked Thu, 22 May 2008 04:11:33 GMT
A surprise ruling could spell the end for a $51.8 billion leveraged buyout that was already struggling.

Microsoft Offers Rebates to Shoppers Using Its Search Thu, 22 May 2008 03:12:10 GMT
Microsoft is taking a new approach to jump-starting its search engine: offering rebates to people who use it to find and buy some products.

Florida Pension Fund Is Suing A.I.G. Thu, 22 May 2008 04:13:15 GMT
The fund accused A.I.G. and a number of its top executives of understating the company’s exposure to the subprime mortgage crisis in order to inflate its stock price artificially.

Google Says It Will Defend Competitive Rationale of a Yahoo Deal Thu, 22 May 2008 04:13:27 GMT
How can Google, the Internet search and advertising giant, contend that teaming up with Yahoo in search ads would not invite an antitrust challenge?

F.A.A. Bans Antismoking Drug, Citing Side Effects Thu, 22 May 2008 04:04:10 GMT
The F.A.A. said it would no longer permit pilots or air traffic controllers to use the smoking cessation drug Chantix, citing potential side effects that could pose a threat to the safe operation of aircraft.

House Approves a $54 Billion Tax Package Thu, 22 May 2008 02:55:34 GMT
The House passed a $54 billion tax package that Democratic backers said would help relieve dependence on imported oil while easing the economic strain on parents, homeowners and businesses.

Uranium Producer Warns of Lake Ontario Pollution Thu, 22 May 2008 04:00:22 GMT
Cameco, the world’s largest uranium producer, has told the Canadian nuclear regulator that its refinery might have leaked uranium, arsenic and fluorides into Lake Ontario.

House Override of Farm Bill Veto Is Only the 2nd in Bush’s Presidency Thu, 22 May 2008 03:00:31 GMT
The House vote was far over the two-thirds needed to overcome a veto, meaning that the president’s criticism of the bill as bloated and wasteful won few, if any, converts.

Advertising: Which Came First, or Does It Even Matter? Thu, 22 May 2008 04:14:07 GMT
McDonald’s has just introduced a Southern Style Chicken Sandwich — one that looks suspiciously like the signature sandwich of the Chick-fil-A chain.

France Says Weak Dollar May Fuel Protections Thu, 22 May 2008 03:51:50 GMT
France’s finance minister warned that a low American dollar was feeding an increasing trend toward protectionism in the United States and elsewhere.

Frank Rich to Be Consultant for HBO Thu, 22 May 2008 04:14:27 GMT
Frank Rich, an Op-Ed columnist for The New York Times, has signed on with HBO as a creative consultant to help develop new programming, while still writing his weekly column.

Europe’s Plan to Curb Tire Noise Exempts S.U.V.’s Thu, 22 May 2008 03:06:24 GMT
Environmental advocates accused the European Commission of being soft on the auto industry by allowing a proposal to reduce noise from car and truck tires to exempt tires for sport utility vehicles.

More Questions Are Raised About Moody’s Ratings Thu, 22 May 2008 04:15:23 GMT
Moody’s is investigating whether it assigned top-flight credit ratings to certain securities because of computer errors, raising new questions about the credibility of its assessments.

Fund Manager Is to Refinance Stalled Auction-Rate Notes Thu, 22 May 2008 01:53:38 GMT
Nuveen Investments said that it had a commitment for up to $1.75 billion in liquidity support to help refinance the troubled auction-rate preferred shares its funds once issued.

Time Warner Details Its Plans for Cable Spinoff Thu, 22 May 2008 04:15:47 GMT
The media conglomerate and its cable television arm said that their boards had approved a legal separation.

Nokia and France Télécom Form Joint Venture Thu, 22 May 2008 03:08:20 GMT
Nokia and France Télécom said they had agreed to a joint venture to provide Internet services over mobile telephones in nine European countries.

Talbots’ Cost Cuts Help It Surpass Earnings Expectations Despite Weak Sales Thu, 22 May 2008 01:54:21 GMT
The retailer Talbots posted higher-than-expected quarterly operating earnings, saying that cost cuts almost completely offset weaker-than-anticipated sales.

Bangalore Journal: An Indian Airport Hurries to Make the First Flight Thu, 22 May 2008 03:46:47 GMT
For years, frequent fliers in Bangalore complained bitterly about the city’s airport. Now, with a new one opening, people are clamoring once more. This time, to keep the old airport open.

Where Ralph Buys Blouses Thu, 22 May 2008 04:08:32 GMT
If you buy beautiful American clothes, there is a good chance that some of them were made at Pat & Rose Dresses, on West 37th Street.

State of the Art: 20 Seconds, and a Movie Has Arrived Thu, 22 May 2008 02:55:21 GMT
This week, Roku and Netflix unveiled a little $100 box that delivers movies directly to your TV — for free — with a regular Netflix membership.

Wall Street Journal Editor Named Wed, 21 May 2008 15:36:52 GMT
Rupert Murdoch named Robert J. Thomson as the top editor of The Wall Street Journal, putting an experienced journalist in one of the most important roles in American news media.

Advertising: To Thwart TiVo, a Nod to Television’s Golden Age Wed, 21 May 2008 05:15:07 GMT
As marketers strive to counter the growing ability of viewers to skip or avoid advertisement spots, they are bringing back the live commercial.

Publishing Outsider Picked to Head Random House Wed, 21 May 2008 06:20:48 GMT
After weeks of speculation, Bertelsmann chose Markus Dohle, the head of its printing unit, to run the division.

Charity’s Leaders Suspended as Payments Are Reviewed Wed, 21 May 2008 05:30:33 GMT
The American Bible Society said its president and chief financial officer had been placed on temporary leave following reports of payments made to a contractor with ties to online pornography.

Regal Plans to Add 3-D Movie Screens Wed, 21 May 2008 05:30:42 GMT
The Regal Entertainment Group, the world’s largest cinema operator, has reached an agreement to equip 1,500 screens to show three-dimensional films.

Newspapers on Upswing in Developing Markets Tue, 20 May 2008 03:49:20 GMT
New newspapers — some backed by governments, others by business moguls and international conglomerates — are springing up from Rwanda to Tajikistan, attracting readers and advertising money.

Advertising: Britain Tries to Lower the Volume on Commercials Tue, 20 May 2008 03:49:35 GMT
New regulations restrict the loudness of television advertisements, but enforcing the new limits is proving to be a complex task.

A Warning to Europe From Gazprom Wed, 21 May 2008 05:25:23 GMT
The Russian export monopoly warned the European Union that it was endangering the security of its natural gas supplies by planning to break up the Continent’s energy giants.

Bertelsmann Appoints Outsider to Head Random House Wed, 21 May 2008 16:22:13 GMT
After weeks of speculation, the German media conglomerate appointed Markus Dohle, the head of its printing unit, to run the division.

New Trend in Biofuels Has New Risks Wed, 21 May 2008 20:32:50 GMT
Many crops that could be used to make biofuels without driving up food prices are invasive species, scientists say.

Europe Proposes a Farm Subsidy Overhaul That Pleases Few Wed, 21 May 2008 03:46:22 GMT
The proposal fell far short of the liberal farm policy favored by countries like Britain but sharpened a debate with France, which has sought to preserve generous support for agriculture.

Airbus Wins Big A350 Contract, but Its Parent Still Struggles Wed, 21 May 2008 03:52:39 GMT
Despite news that Airbus had won its biggest contract ever for its next-generation A350 business jet, UBS downgraded shares in its parent company, EADS.

Rising Food Prices Sharpen a European Debate Tue, 20 May 2008 04:05:34 GMT
The Common Agricultural Policy, the European Union’s farm subsidy program, has been a contentious issue among member countries for many years.

Leading Bidder Emerges to Lease a Toll Road Tue, 20 May 2008 15:43:46 GMT
A Spanish company and a unit of Citigroup teamed up to submit the highest bid for the right to lease the Pennsylvania Turnpike for the next 75 years.

Shares of Bell Canada Drop as a Buyout Deal Unravels Tue, 20 May 2008 03:47:11 GMT
The uncertainty of the proposed $51.8 billion leveraged buyout of Bell Canada caused shares of the company to drop 5.6 percent in New York on Monday.

2 at BAE Detained Tue, 20 May 2008 03:58:33 GMT
U.S. officials briefly detained BAE Systems’ chief executive and a director when they landed in Houston last week, BAE confirmed Monday.

World Business Briefing | Europe: Iceland: Bond Rating Cut by Moody’s Wed, 21 May 2008 05:31:15 GMT
The government of Iceland’s bond rating was lowered to Aa1 from Aaa by Moody’s Investors Service on growing concern that the country’s banks may face a credit squeeze.

World Business Briefing | Asia: Japan: Central Bank Maintains Rate Wed, 21 May 2008 05:31:05 GMT
The Bank of Japan left interest rates unchanged at 0.5 percent, opting to take more time to determine when the fog will clear from the economy, both in Japan and around the world.

World Business Briefing | Europe: Germany: Investor Confidence Falls Wed, 21 May 2008 05:31:22 GMT
German investor confidence declined for a second straight month as rising inflation, the euro’s strength and high oil prices curtailed expectations, a closely watched survey showed.

World Business Briefing | Asia: South Korea: Prison Term Sought Wed, 21 May 2008 15:31:05 GMT
State prosecutors have asked for a six-year prison term for the chairman of Hyundai Motor, Chung Mong-koo, left, who was convicted of embezzlement and breach of trust last year.

In the Hunt: Professional Background Screening a Small Price to Pay Wed, 21 May 2008 19:57:35 GMT
With employee theft costing businesses billions in losses, it is important to screen all potential employees, starting with their résumés.

While the Economy Struggles, Profits Can Be Made Wed, 21 May 2008 04:15:44 GMT
While the slow economy has left many small businesses scraping to get by, some enterprises are finding opportunity in the carnage.

Seizing the Day in Slippery Times Wed, 21 May 2008 04:15:29 GMT
Here are some strategies that business owners are using to cope in the face of a sluggish economy.

‘The Coffee Was Lousy. The Wait Was Long.’ Wed, 21 May 2008 19:54:33 GMT
Yelp, a San Francisco Internet company, has become a leader in a fast-growing category: Web sites that let people spout off about anything from shops to animal shelters.

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