Business News

Business news that the world is buzzing about.

Airline Industry Plans To Cut Carbon Emissions

New York, NY — The global aviation industry plans to cut its 2005 carbon emissions in half by 2050 and stabilize emissions [...]

Not Guily Verdict For Fomer Bear Stearns Execs

In Wall Street’s first criminal case to come out of the subprime mortgage disaster, two former Bear Sterns hedge fund managers have [...]

The Oprah Winfrey Show To Cable

Scheduled to launch in place of the Discovery Health Channel, Oprah Winfrey’s long delayed Oprah Winfrey Network may be broadcasting Oprah Winfrey [...]

Luxury Department Stores Report Higher Than Expected Sales

Luxury department stores Nordstrom and Saks Inc. saw sales rise 6.5% and 0.7% ahead of analyst forecasts for a 3% increase and [...]

Unemployment Bill Passes Senate

The Senate unanimously passed the Unemployment Compensation Act of 2009 last night after an earlier vote to invoke cloture passed 97-1. The [...]

New York Attorney General Files Antitrust Lawsuit Against Intel

An antitrust lawsuit has been filed by New York Attorney General Andrew Cuomo against Intel, the world’s leading manufacturer of computer chips…

Travel Channel May Sell For Over $1 Billion

Back in June, Cox Communications put it up for sale, The Travel Channel was valued at $600 million. Apparently, Scripps Networks Interactive and News Corp. have a different idea of its value.

America's Most Toxic Cities for 2009

Forbes has published its list of America’s most toxic cities, and you might be surprised at who’s not number one.