BUSINESS

Damages in a lawsuit filed against American Airlines (PINK:AAMRQ), United Airlines (NYSE:UAL) and other companies in connection to the Sept. 11, 2001, terrorist attacks could total upward of $2.8 billion.

Always a fan of user-generated content and community-oriented software development, Valve Corp. released the list for its first round of independent games from its new "Steam Greenlight" program on Wednesday. Titles include "Black Mesa," "Cry of Fear," "Dream," "Heroes & Generals," and "Kenshi," all of which ranked at the top of the community's most popular titles on the new Greenlight platform.

Over the weekend, Mitt Romney insisted his tax plan would not cut taxes on the rich. And yet, the Center for American Progress found it would lead to more than $2 billion in savings for the billionaire Sheldon Adelson. And that's not counting his heirs.

Google Inc. and Boingo Wireless Inc., made another bold move Tuesday to position themselves as a prominent resource for wireless services by establishing another 4,000 mobile hotspots across the United States. As a promotional event to advertise the new expanded partnership with the companies are also making Wi-Fi free in all the new locations "through the end of September," Boingo said in a statement.

Once indefensible, industry trades have seen their influence diminish in recent years. Trade magazines such as Variety, the Hollywood Reporter, Backstage and Advertising Age have all tried different ways to cope with a migration of readers from print to the Web.

We don't know the exact features that Apple has packed into the iPhone 5, but we nevertheless have a pretty good idea of what Apple CEO Tim Cook might unveil on stage tomorrow. Over the past year, we've been watching reports, rumors, and the U.S. patent department, keeping a keen eye out for possible software features Apple could introduce in its next iPhone.

After London-based Burberry Group PLC (LON: BRBY) reported flat comparable-store sales for its second quarter, market watchers are trying to digest cross signals in the luxury goods market.

Thatcher earned the unending enmity of British trade unions and the far left during the 1980s when her government implemented harsh laws against strikes and tried to drastically reduce the power of unions.

It's been about a month and a half since Apple released OS X Mountain Lion into the wild, and even though iOS will be the centerpiece of Wednesday's iPhone 5 event in San Francisco, reports say Apple will also announce release a new update for Mac users on OS X Mountain Lion that day, which will reportedly fix an issue with fast-draining battery life. On Monday, Mac Observer was able to test a series of three Mac laptops running OS X Mountain Lion, and discovered that the 10.8.2 upgrade .....

Saudi Arabia regularly executes convicted criminals by beheading. Its use of the death penalty has been criticized due to a lack of transparency and due process in its criminal justice system

Apple (Nasdaq: AAPL) is expected to debut the iPhone 5 on Wednesday but there are at least five pitfalls that could endanger the company's huge success in the market. Here they are.

Catalan represents 15 percent of Spain’s population, but produces about one-fifth of the country’s GDP.

It’s hard being the next big thing -- just ask Myanmar.

Eastman Kodak (Pink: EKDKQ) will win court approval to ax more people and sell units, a veteran bankruptcy lawyer said. But it won't get anything near full price for the units as well as for 1,100 patents that interest Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOG) because of the stain of bankruptcy.

The world's second-largest platinum producer said striking South African miners are demanding another 8 to 10 percent pay hike like the one they received in April that ended a six-week strike.

If, as one analyst expects, Apple sales of its new iPhone 5 -- estimated to cost about $600 each -- reaches 8 million, it could boost the GDP of the U.S. by half a percentage point.

India currently has 20 operational nuclear power reactors in India in six states. Seven more plants are under construction and at least 36 more projects are on the drawing board.

A former high-level General Motors Company (NYSE: GM) executive -- widely considered to be the godfather of the company's foray into electric-vehicle production --struck back Tuesday at the assertion the carmaker might be losing nearly $50,000 on each one of the signature Volt plug-in vehicles the firm has sold so far.

We're just one day away from the big Apple event in San Francisco, which is expected to introduce a new iPhone and "iPad Mini." For those who want an early peek at what these next-gen devices "allegedly" look like, MacRumors reader Michael Rou managed to get his hands on a few "pre-production" cases of the new iOS device designs, and on Monday, he posted an album of them on Flickr for the world to see. These case designs perfectly mirror the leaked specs and prototypes we......

Moody's warned Tuesday it could strip the U.S. of its coveted triple-A credit rating if Congress fails to produce a budget that will bring down the federal debt burden.

Royal Philips Electronics NV, the largest maker of lights, said Tuesday it plans to cut another 2,200 jobs by 2014 to save €300 million ($383 million) a year as economic conditions deteriorate.

GoDaddy.com, the popular website that hosts millions of domains for businesses, said it had restored most service Tuesday. On Monday, it was subject to cyberattack by someone claiming to be a member of the Anonymous hacker group.

Franklin Davis has been charged with the capital murder of 16-year-old Shania Gray. The Texas teen's body was discovered Saturday at about 4:30 p.m. in the Trinity River in Irving, Texas. Carrollton Police Department officials report that Davis told officers he killed Gray shortly after picking her up from school on Thursday, Sept. 6.

A new set of tests published Sept.10 showed that MacBook battery life increased significantly with a developer build of OS X Mountain Lion, with the recent beta version enabling an 85-minute increase from current 10.8.1, AppleInsider reported.

In a clearly worded acknowledgement, digital publishing firm BlueToad confirmed that it was the source of Apple UDID leaks reported last week, Reuters reported.

Prana Biotechnology Ltd, Dryships Inc., Sanofi SA, Tata Motors, Amarin Corp, American International Group, ArcelorMittal and Delhaize Group are among the companies whose shares are moving in pre-market trading Tuesday.

The homeless problem in Denmark is unlikely to ease anytime soon. Net unemployment is now at 4.7 percent, the highest level in six years. Labor Minister Mette Frederiksen warned that the unemployment rate will continue to climb into 2013.

The most important court decision of 2012 will take place Wednesday in Germany, when the red-robed justices of the German Constitutional Court hand down a decision for which it is no hyperbole to say it could change the course of history. The Court is expected to rule over whether Germany is barred from contributing to the European Stability Mechanism, Europe's all-purpose bailout fund of which the German state is the major planned benefactor.

Foreclosed properties in the U.S. cause only a modest decline on the home prices of nearby properties, and the effects go away a year after the distressed property is resold, according to a working paper by the National Bureau of Economic Research.