Trustee opposes $20M payout to American Air CEO
| |Friday, May. 24, 2013
The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
How the Dow Jones industrial average fared Friday
|Friday, May. 24, 2013
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
Metals and agricultural futures prices slip
|Friday, May. 24, 2013
Metals prices ended slightly lower Friday, as did agricultural futures.
Investors shift focus to growth stocks
| |Friday, May. 24, 2013
NEW YORK — Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again.
Government, creditors object in CODA bankruptcy
| |Friday, May. 24, 2013
DOVER, Del. — Attorneys for the federal government and unsecured creditors have filed objections to electric car maker CODA Holdings' bankruptcy plans.
Recalls this week: Children's beds, shades
|Friday, May. 24, 2013
A line of children's beds with defective mattress support rails and motorized shades with overheating batteries are among this week's recalled consumer products.
News Summary: US durable goods orders up 3.3 pct.
|Friday, May. 24, 2013
ORDERS UP: U.S. orders for manufactured goods expected to last at least three years rose 3.3 percent in April. The gain was driven by a surge in demand for aircraft and more spending by businesses.
Schumer urges look at security in Sprint deal
| |Friday, May. 24, 2013
NEW YORK — Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.
Stocks barely budge; market ends week with loss
| |Friday, May. 24, 2013
NEW YORK — Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
Delta ups the ante in battle for NY travel market
| |Friday, May. 24, 2013
NEW YORK — Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following.
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