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Department of Transportation imposes USD1.2 million fine on US Airways over disabilities services

US Department of Transportation found that US Airways Group was guilty of not providing standard disability services to its passengers.


Reduction of airport slots key to address antitrust claim levied against AMR-US Airways merger

US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.

Tech companies answer to trading season lull - report

Consumer web companies had been filling the IPO lull typically experienced during the holiday season, said Reuters.

Private equity seen flourishing in real estate markets - Ernst and Young

Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.


Latest News

Lulu Hypermarkets chief executive officer Yusuffali M.A. said his company would be entering in expanding in emerging markets and create new ones in the Middle East and Asia.
Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.
As the process to close the Fiat-Chrysler merger ongoing, automotive news site Autocar observed that Fiat had stopped its development plans on its Alfa Romeo vehicle series.
Prefundia's crowdfunding platform would now be accepting project proposals from the public. According to a report by tech news site Techcrunch, crowdfunding platform Prefundia was now opening its doors to the public after three months in beta.
The Central Bank of Ireland assured the public that it had been pursuing an alternate solution to bail out Newbridge Credit Union after talks of a merger with Naas Credit Union had failed.
Chairman emeritus and ex-chief executive of Orrick Ralph Baxter confirmed that his law firm Orrick, Herrington & Sutcliffe LLP and Pillsbury Winthrop Shaw Pittman LLP had been in negotiations to decide on a potential merger.
A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.
Celine Dion, the pop music diva, had gone on record to clarify that the rumors of her death on Facebook are untrue and are hurtful to her close-knit family.
Maria Gabriela Isler was crowned 2013 Miss Universe in Moscow, Russia. A former television host from Venezuela was crowned Miss Universe 2013 last Saturday.
Germany's coalition government formalized a measure to provide funds and expertise for a European bank to manage the loan agreements and if necessitated, closure of banks.
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