US Airways Group and private equity firm TPG Capital are among several parties interested in potential bids for AMR Corp , the bankrupt parent of American Airlines, people familiar with the matter told Reuters.
YouTube , which transmitted 800 million videos last year, expects growth to skyrocket in coming years with more specialty channels backed by advertising, VP for global content Robert Kyncil said at the International Consumer Electronics Show in Las Vegas.
Several airlines have filed a lawsuit against the U.S. Department of Transportation in an effort to overturn new rules regulating the industry's advertised rates.
It is also unknown why it took Ankara more than three years to file the charges.
Danish wind turbine maker Vestas (VWS.CO) will cut 2,335 jobs in a bid to restore profitability after rising costs wiped out its 2011earnings.
Delta Air Lines Inc. has hired Blackstone Group to advise it on a possible bid for the parent of American Airlines, and private equity group TPG Capital also is considering a bid for the bankrupt airline, according to a published report.
The Obamas by Jodi Kantor, released on Jan. 10 by publisher Little, Brown and Company, unveils the first couple's time in the White House so far. The book delves into the difficult adjustments they had to make, particularly the first lady's acclimation to her new role.
The combination of lightweight operating systems, low-power processors, and near-ubiquitous high speed broadband will empower the disruption of the living room paradigm in 2012, says an analyst.
Mild winter temperatures and steadily rising natural gas production combined this week to drive the price of the heating fuel to its lowest point in years.
The Nokia Lumia 900, which was launched at the 2012 Consumer Electronics Show (CES) on Monday, is the first of Nokia's Windows Phone-based range to feature high-speed LTE connectivity. The phone, which is expected to be an upgrade of Lumia 800 has been described as iconic, beautiful and fast by the President of Nokia in North America. The question, then, is what will happen when the two Lumia models go head-to-head...
Controversy erupted on Wednesday, after the release of a video showing semi-naked Jarawa tribal women in India's Andaman and Nicobar Islands being forced to dance in front of tourists in return for food.
How many of us know someone living in the U.S. who actually has a Nokia?! Nevertheless, that trend could change in coming days, if Nokia and Microsoft have their way.
AT&T is the exclusive provider of mobile 3G data service for the forthcoming Sony handheld.
Shares in Thomas Cook India rose more than 2 percent on Thursday after a report said its UK parent has decided to sell the Indian arm to raise money to help the travel firm's troubled global operations.
It's raining smartphones at the 2012 Consumer Electronics Show (CES) in Las Vegas. The top 5 smartphones revealed so far are Samsung's Galaxy Note, Sony's Xperia S, Motorola's Droid Razr Maxx, Nokia's Lumia 900 and the HTC Titan II.
Infosys Ltd cut its full-year revenue outlook because of the debt crisis in Europe, sending down the shares of the No.2 Indian software services exporter by as much as 7.7 percent to their lowest in more than a month.
Samsung Electronics is not interested in Olympus Corp's camera business, but the South Korean company may consider an alliance with the Japanese firm in other areas, a Samsung source told Reuters.
News of the scandalous exploitation of the Jarawa tribe on India's Andaman Island, following the release of undated footage showing members of the ancient tribe coerced into entertaining tourists in exchange for food, has sparked worldwide outrage.
Google is set to launch a Google Maps-based game.
Hampton Adams has been one of CES' most loyal devotees for 15 years. But unlike a good chunk of the 140,000-plus who descend on the world's largest technology showcase every January, the portfolio manager is less keen on fiddling with cutting-edge technology than picking winners.
Crisis somewhat averted.
Actress and CES ambassador Eliza Dushku spoke with two Samsung executives, asking them to lend their support Tharce-Gulu, a charity for victims in northern Uganda. She also gave an exclusive interview to the IBTimes.
Wireless chipmaker Broadcom is gearing up to launch new application processors for the lucrative and growing higher-end smartphone segment by the end of the year, co-founder and Chief Technology Officer Henry Samueli said on Wednesday.
Microsoft Corp has put its talks with media companies about an online subscription service for TV shows and movies on hold, according to people familiar with the discussions.
Bank of America Corp has put its advertising account up for review as it seeks to mold a new image for a company that has changed significantly since the financial crisis and suffered repeated blows to its brand.
UBS' Americas wealth management group has hired a team of three veteran Morgan Stanley Smith Barney advisers in California, the firm said on Wednesday.
Federated Investors Inc objected to hundreds of executive pay packages in last year's corporate proxy voting, a rarity in the don't-rock-the-boat mutual funds industry.
Japan's scandal-ridden Olympus Corp is considering an equity alliance with five prospective investors, including electronics groups Sony, Panasonic and Samsung Electronics.
A recent rise in loans to businesses is spurring hope that bank earnings reports, which begin Friday, will show that the outlook for this economically critical industry is better than its battered stock prices and weak investment banking volumes would suggest.
Bill Gross, the manager of the world's largest bond fund, said on Wednesday that the "demise" of PIMCO's flagship fund is exaggerated.