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American Airlines planes sit at their gates while others taxi for arrival and departure at O'Hare International airport in Chicago

Creditors Prod American Airlines to Consider Merger

Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent company AMR Corp's plan to remain independent, people familiar with the situation said.

Watchdog Fines Ernst & Young $2M over Audits

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The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp.

Watchdog fines Ernst & Young $2 million over audits

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The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp.
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14 Worst Love Songs of All Time for Valentine's Day 2012 [VIDEO]

February 14 is around the corner and with it comes one of the most disliked holidays of the year: Valentine’s Day. How better to commemorate Valentine’s Day 2012 than with a mix of the worst love songs of all time? Take a look at some of our least favorite classic, crude, cheesy, and guilty pleasure love songs.
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Richmond Fed Chief Opposes More Easing

A top Federal Reserve official said Wednesday he does not see a rationale for more asset purchases if U.S. economic data continue to show the recovery is picking up steam.
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Facebook afterglow lights up IPO markets

The excitement generated by Facebook's IPO filing rubbed off on companies listing on U.S. stock exchanges on Wednesday, with four of them seeing strong first-day gains.
The U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing 70-pound flight bags with 1.3-pound Apple iPad 2s for the crews that fly cargo aircrafts.

U.S. Air Force Buys 18,000 Apple iPads to Replace Flight Bags

Following the precedent set by commercial airliners in December 2011, the U.S. Air Force plans to buy up to 18,000 iPads for its Air Mobility Command (AMC), replacing heavy flight bags with light and efficient Apple iPad 2s for the crews that fly cargo aircrafts.
Carolina Herrera

Navy likely new black at New York Fashion Week

Navy is likely to replace black on the catwalk when New York Fashion Week starts on Thursday, with experts expecting rich fabrics, waist-defining jackets and some 1920s-inspired styles sparked by movies like The Artist.
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China firm indicted for DuPont conspiracy: filing

U.S. prosecutors secured an indictment against a Chinese company for conspiracy to commit economic espionage and other charges in a widening case over the alleged theft of industrial secrets from chemical giant DuPont.
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Global Securities Tread Water as Greece Negotiates

Global securities, whether stocks, commodities or currencies, held earlier gains or losses Wednesday as the world awaited the outcome of talks between debt-choked, strife-torn Greece and benefactors demanding more tax hikes and government budget cuts in exchange for bailout money.
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Big bets on Caesars debut but luck may run out soon

Caesars Entertainment Corp's shares almost doubled in value on their market debut after an unusually small initial public offering, viewed by many as an exit strategy for its private-equity backers to make up some of their losses.
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Shark Attacks Increase Worldwide: Study

The international shark attack fire report for 2011 shows that fatal shark attacks across the world broke a two-decade record while attacks in the United States decreased over the last ten years.

Toyota Highlander Production Will Move to U.S.

Toyota Motor Corp. will add 400 jobs at its Indiana plant to produce the hybrid version of its Highlander sport-utility vehicle, shifting production of the SUV from Japan to the United States.

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