IBT Staff Reporter

Do once-hot Internet start-ups who miss a date with destiny ever truly get a second chance? History says no, even for once-great names like Netscape, AOL and MySpace.

AMR Corp's American Airlines said on Tuesday it would cut 921 flight attendant jobs, part of a previously announced capacity cut as the industry struggles with flagging demand.

Toyota Motor Corp plans to raise production of its Tacoma and Tundra pickups to meet expected demand for trucks, and increase production of fuel-efficient vehicles through the end of the year, executives said on Tuesday.

Ebay, the US online auction group, agreed to unload 65 per cent of its Skype internet calling service to a group of private investors for $2bn in cash and debt.

A woman in New Zealand has been reportedly awarded $17,000 after being unfairly fired for using bold, uppercase letters in an e-mail to co-workers.

U.S. stocks fell for a third straight day on Tuesday, spooked by uncertainty over the health of financials and concerns that the explosive rally since March may have run ahead of economic reality.

Olivia Rogowska, a relatively unknown Australian tennis player was close to making history on Tuesday. Rogowska was close to witnessing her opponent Dinara Safira become the first top-seeded woman to lose in the first round of the U.S. Open.

(Corrects second paragraph to say Boeing is second-largest plane-maker)

Gmail has been down since 4 pm ET on Tuesday, September 1.

U.S. stocks fell for a third straight day on Tuesday, spooked by uncertainty over the health of banks and concerns that the explosive rally since March may have run ahead of economic reality.

U.S. auto sales boomed in August as $3 billion in government incentives spurred sharp gains for Hyundai Motor Co, Ford Motor Co and Honda Motor Co and left the industry facing shortages of top-selling vehicles.

General Electric Co expects conditions in most of its core markets to remain challenging for the next 12 to 18 months, a top executive of the largest U.S. conglomerate said on Tuesday.

Hurricane Jimena has weakened slightly as it approaches the southwestern area of Mexico's Baja California Peninsula but remains an extremely dangerous category 4 hurricane, the National Hurricane Center said on its latest report.

Florida's economy is shrinking in another crippling blow to the housing market of the state, which leads the United States in foreclosures and is grappling with record levels of unemployment.

The U.S. manufacturing sector grew for the first time in 19 months in August and home sales contracts hit a two-year high in July, more evidence the economy was pulling out of the worst recession in 70 years, reports on Tuesday showed.

The Internal Revenue Service plans to step up its reviews of taxpayers who take the mortgage interest deduction and target some for audit.

Boxing legend Muhammad Ali was given a hero's welcome on Tuesday when he visited Ennis, his ancestral home town in Ireland, and was made an honorary freeman at a reception watched by hundreds on big screens outside.

Car boom and bust?; A Good Sign; Raising the Stakes

Belgian finance investor RHJ International (RHJI.BR) raised the stakes in the ongoing bidding war with rival Magna (MGa.TO) for GM's GM.UL Opel unit, as sources said the U.S. automaker's board was due to discuss the deal.

Before conceiving her 19th child, Michelle Duggar,42 truly thought she was done having children, she said on her blog Tuesday.

U.S. stocks fell on Tuesday as uncertainty over financial companies' health prompted a sell-off, while concerns mounted about the validity of a rally that has driven stocks up nearly 50 percent from March.

The Prius hybrid automobile is popular for its fuel efficiency, but its electric motor and battery guzzle rare earth metals, a little-known class of elements found in a wide range of gadgets and consumer goods.

Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.

Khosla Ventures said on Tuesday it had raised $1 billion for one for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change related projects.

Whitney Houston appeared on stage in Central Park on Tuesday on

About one of every five Internet display ads in the United States is viewed on a social networking Web site like MySpace and Facebook, according to a new report.

Oil prices fell nearly 3 percent to $68 a barrel on Tuesday as economic concerns sent investors into safer havens, outweighing positive U.S. manufacturing and home sales data.

Chrysler Group LLC's U.S. sales fell 15 percent to 93,222 units in August due to inventory shortages related to extensive summer shutdowns during its bankruptcy restructuring, a source briefed on the matter said on Tuesday.

Internet auction house EBay Inc plans to sell a majority stake in its online phone unit Skype for $1.9 billion to private investors including Silver Lake, a deal analysts said was worth more than expected but may curb eBay's growth potential.