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Continental Airlines To Cut 3,000 Jobs, Capacity

Posted: 06/05/2008 - Continental Airlines is cutting 3,000 jobs and reducing capacity in the fourth quarter by 11 percent, citing record fuel costs and an industry in "crisis."

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FedEx To Drop Kinko's Name, Take $891M Charge

Posted: 06/02/2008 - FedEx plans to stop using the Kinko's name on its copy and office service stores and book an $891 million charge for the quarter that ended Saturday.

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Texas Court Scraps $26M Verdict in Vioxx Case

Posted: 05/29/2008 - A Texas appeals court has scrapped a 26 million-dollar verdict against the drugmaker Merck stemming from the first trial involving its once popular painkiller Vioxx.

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Settlement Reached For Online Real Estate Agents

Posted: 05/27/2008 - The Justice Department has settled a lawsuit against a group of real estate agents who were accused of illegally blocking Internet-based brokers from accessing home listings.

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House Action Targets OPEC

Posted: 05/20/2008 - The House has passed a bill that would authorize the Justice Department to pursue energy antitrust and price fixing cases against members of the OPEC oil cartel.

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Union Rejects American Airlines Offer

Posted: 05/19/2008 - The union that represents mechanics and bag handlers at American Airlines has rejected a contract proposal that called for lump-sum payments but no salary increases.

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