IBT Staff Reporter

The leaders of some of the UK's largest companies have started a revolt against the third runway at Heathrow, citing responsible citizenship, media reports said.

Italy's Fiat SpA could seek a merger of its auto group with General Motors Corp's Europe unit, then spin off the combined company and list it, Fiat said on Sunday.

Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the first independent move by Asia to shield itself from financial crisis.

Warren Buffett criticized the government's stress tests of 19 large U.S. banks for failing to account for strengths in lenders' business models, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc .

Warren Buffett criticized the government's stress tests of 19 large U.S. banks, and said he would buy more shares of three big banks in the portfolio of his Berkshire Hathaway Inc.

Boeing Co said on Sunday its 787 Dreamliner would be ready for its first flight later in the second quarter, reaffirming a recently announced target for the new airplane.

The U.S. government will release the findings on bank stress tests this week, and data expected to show another month of crushing job losses will also test emerging optimism on global economic prospects.

Former clients of Mark A. Walsh, the onetime head of global real estate at now bankrupt Wall St investment bank Lehman Brothers, praised the banker in an article from the New York Times today.

Being a big insurer will cost Berkshire Hathaway Inc dearly when severe catastrophes strike, but it is a good place to be in the midst of an economic downturn, Chairman Warren Buffett said.

The influenza AH1N1 the virus that has claimed the lives of 19 people in Mexico is on the decrease according to the Federal Health Minister, Jose Angel Cordova Villalobos the El Universal reported.

The Boston Globe has extended its deadline till midnight on Sunday for the unions to make $20 million in concessions in order to save the paper, a statement issued Saturday morning at 1am said.

Given the rapid popularity of Twitter, more and more people are finding ways to cash in on the powerful micro-blogging site.

The Boston Globe may learn its fate Sunday as management and a key union try to hash out concessions that parent company New York Times Co says are crucial to keeping newspaper alive.

Chrysler LLC will ask its bankruptcy judge tomorrow permission to sell of most of its assets by May 22, a person familiar with the matter told Bloomberg.

Chinese authorities have quarantined more than 70 apparently healthy Mexicans who they believe may have swine flu, Mexico's ambassador to Beijing said Sunday.

Berkshire Hathaway Inc’s chairman Warren Buffett, whose company owns a significant stake in Wells Fargo & Co, called it a “fabulous” bank that will do much better in a few years as a result of the economic crisis, according to a report.

Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the first independent move by Asia to shield itself from financial crisis.

Thirteen East and Southeast Asian countries agreed Sunday to set up an emergency $120 billion fund to provide liquidity to any of them in need of help during the economic downturn.

Thirteen East and Southeast Asian nations have agreed to set up an emergency $120 billion liquidity fund to counter the economic downturn, they said in a joint statement on Sunday.

Thirteen East and Southeast Asian countries are expected to endorse on Sunday an emergency $120 billion liquidity fund that the three largest of them finalized hours earlier to counter the economic downturn.

Japan, China and South Korea finalized details of an emergency $120 billion liquidity fund for 13 Asian nations on Sunday, a key regional initiative to counter the global economic downturn.

U.S. president Barack Obama said on Saturday he will take whatever necessary measures to prevent the flu outbreak and protect the safety and security of the American people.

China is to send a plane to Mexico to bring back some of its stranded tourists, Xinhua news agency reported Saturday, after a man was detected as the first confirmed case known as swine flu in Asia.

Recently, Facebook is suffering from rampant phishing attacks, pushing the online social website to bolstering its security.

A series of phishing attacks have struck Facebook and has continued on for a second day.

The Kentucky Derby Post Time is May 2, 2009 at6pm EST 3pm PST. The live telecast will be on NBC.

Contrary to what Steve Jobs once said that any laptop under $500 is a piece of junk, it appears that Apple is now actually considering lowering its prices on its most popular Mac models.

The financial sector will make up a smaller part of the U.S. economy in the future as new regulations clamp down on massive risk-taking, President Barack Obama said in an interview published on Saturday.

Warren Buffett is fond of newspapers -- he reads five a day -- but the billionaire investor warned shareholders of his Berkshire Hathaway Inc that the reeling industry may never recover because it lacks a sustainable business model.