United States

American Airlines says 'strong' profit to allow bigger wage hikes

American Airlines Group Inc said Tuesday that it plans to pay flight attendants an additional four percentage points on top of raises already averaging 10 percent, thanks to profits that have strengthened as oil prices have collapsed.


Manulife U.S. unit to buy New York Life's retirement business

Largest Canadian insurer Manulife Financial Corp's (MFC.TO) U.S. unit will buy New York Life Insurance Co's retirement services business for an undisclosed amount.

In plot reversal, Sony sends 'The Interview' to 200 theaters

Sony Pictures will allow "The Interview" to play in more than 200 U.S. theaters as of Christmas Day, reversing its decision to pull the film, after coming under criticism from President Barack Obama and others for caving into pressure from North Korea.

U.S. airlines confront cheap oil's flip side: costly hedges

Some major U.S. airlines including Delta and Southwest are rushing to finance losing bets on oil and revamp fuel hedges as tumbling crude prices leave them with billions of dollars in losses, according to people familiar with the hedging schemes.


Latest News

Apple Inc has pushed out its first-ever automated security update to Macintosh computers to help defend against newly identified bugs that security researchers have warned could enable hackers to gain remote control of machines.
U.S. stocks rose for a fourth straight session on Monday, with both the Dow and S&P 500 ending at records as large-cap technology shares gained and offset continued weakness in energy names.
Malicious software likely linked to China was used to infect visitors to a wide range of official Afghan government websites, U.S. cybersecurity researchers say.
U.S. president Barack Obama has rejected the charge that he has been outmaneuvered by Russian president Vladimir Putin, saying in a TV interview due for broadcast later on Sunday that Putin was presiding over "a huge economic contraction" due to the Ukraine crisis.
This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.
The average price of a gallon of gasoline in the United States fell 25 cents in the past two weeks, tumbling to its lowest level in more than five-and-a-half years, according to the Lundberg survey released Sunday.
The United States has sought help from China, Japan, South Korea and Russia in combating cyber attacks such as the one Washington on Friday accused North Korea of carrying out against Sony Pictures, U.S. officials said.
Workers at planemaker Boeing's (BA.N) Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday.
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.
Office-supply retailer Staples Inc (SPLS.O) said about 1.16 million payment cards might have been affected by the data breach announced in October.
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