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A Delta Airlines A320

Airbus Picks Alabama For First US Factory: Report

European airplane manufacturer Airbus SAS will build its first U.S. factory in Mobile, Ala., as it intensifies its competition with main rival, U.S.-based Boeing Co. (NYSE: BA), The Associated Press reported Thursday.
Barclays

British, US Banks Fall Hard On News of Barclays Fraud

Investors in Barclays PLC (NYSE: BCS) (London: BARC) lost over £4 billion Thursday as the British bank lost one-sixth of its market capitalization a day after international regulators announced the bank would have to pay hundreds of millions as a fine for an audacious price-fixing fraud some of its traders were found to have engaged in.
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News Corp.

Can News Corp. Survive With Just News?

The newspapers that give Rupert Murdoch's News Corp. (Nasdaq: NWSA) its name may soon be on their own after the media giant's board approved a breakup that could radically reshape the global media landscape.
Bloomberg

New York City's Minimum Wage Clash An Echo Of National Polemics

The New York City Council is scheduled to vote Thursday to override Mayor Michael Bloomberg's veto of a bill to require some city employers to pay their workers at least $11.50 an hour, or $10 hourly with benefits. And it's likely to happen.
Charlie Sheen and Denise Richards

Charlie Sheen 'Flipped Out' On Own Kids At Premiere

Charlie Sheen flipped out on his children while on the red carpet for Tyler Perry's new movie.It's not a surprise when the actor makes a scene while out in public, even if it's berating his own kids.
Best Buy bags U.S. mobile venture, axes UK chain

Best Buy Preps For Cautious China Re-Entry

Best Buy Co. Inc. (NYSE: BBY) is returning to China, but this time the world's largest electronics retailer is returning as a smaller version of its previous self.

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