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Oil barrels

EIA: U.S. Crude Oil Production, Inventories Drop

U.S. Energy Information Administration today reports U.S. crude oil refineries saw a drop in the number of barrels produced this week, contradicting the American Petroleum Institute's report.
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Jet Airways

‘No Plans to Cut Jobs’: Jet Airways

Jet Airways Ltd, India's top private carrier, said on Wednesday that it has no plans to cut jobs in drive to save costs and instead look to non-payroll areas to streamline operations.
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Lionsgate sued for hair debacle

Many people would -- and some have probably tried to -- sell their own mothers in order to get into a major motion picture. Not Bilal Ahmed.
AT&T Store

Union: AT&T, T-Mobile Merger Could Mean 100,000 Jobs

The telecommunication industry's biggest union, the Communications Workers of America, released a study Tuesday saying that up to 96,000 jobs will be created if the proposed $39 billion merger between AT&T and T-Mobile USA takes place next year.
AT&T

AT&T, T-Mobile Merger Review May Extend Past DoJ's Trial Date: Analyst

In a latest development regarding the AT&T/T-Mobile merger, a Wall Street analyst said the federal communications commission (FCC) chairman may be positioning to send the AT&T / T-Mobile USA merger to an Administrative Law Judge (ALJ) Review ahead of Dept. of Justice (DoJ) court action.
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Societe Generale Scraps Dividend After Rough Q3

Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.
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Kingfisher to Cancel 31 Flights Daily Till Nov 19: Report

India's No. 2 carrier Kingfisher Airlines, controlled by liquor baron Vijay Mallya, plans to cancel 31 flights daily till Nov 19, including four international flights to Bangkok, the Mint newspaper reported, citing an unnamed airline official.
Google Chairman Eric Schmidt

Schmidt Pledges Google Won't Favor Motorola

The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.
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American Apparel posts narrower Q3 loss

Troubled retailer American Apparel Inc (APP.A) reported a narrower third-quarter loss, helped partly by lower operating expenses, and said it expects to improve its performance in the fourth quarter and next year.

Sotheby's Posts $29.7 Million Net Loss in Third Quarter

Auction house Sotheby's posted a $29.7 million net loss in the third quarter, the company announced in its earnings report after trading ended Monday. Sotheby's net loss compares to a $19.4 million loss from the same period last year.
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Puss in Boots kicks Dreamworks shares higher

Shares in Dreamworks Animation leapt more than 10 percent after Puss in Boots nabbed its second weekly box office crown with a surprisingly strong $48 million in global ticket sales.

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