U.S. employers will defray health reform costs: study
If U.S. health reform efforts lead to higher costs for employers, employees may end up bearing the brunt, according to a new survey. Read Full Article here.
American Airlines parent AMR raises $2.9 billion
Shares of American Airlines parent AMR Corp soared as much as 25 percent Thursday after the company said it had raised $2.9 billion and would shift flying to more profitable routes. Read Full Article here.
AT&T CEO sees business market flat for awhile
AT&T Inc expects sales to business customers to stay flat for a while, although growth may return in the second half of 2010, Chief Executive Randall Stephenson said on Thursday. Read Full Article here.
Sprint CEO: phone exclusivity limits may make sense
The head of No. 3 U.S. mobile service Sprint Nextel Corp said on Thursday that it is fair for the U.S. government to ask whether handset exclusivity deals should have time limits. Read Full Article here.
FedEx profit tumbles, says plans to raise rates
Package delivery giant and U.S. economic bellwether FedEx Corp reported a 53 percent drop in quarterly profit on Thursday as the worldwide economic downturn continued to weigh on shipping volumes. Read Full Article here.
Obama to reassure G20 on Wall Street reform
President Barack Obama will pledge U.S. action on financial regulatory reform at the Group of 20 summit in Pittsburgh and underscore the need for global coordination on the issue, a senior aide said on Wednesday. Read Full Article here.