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American Airlines

Bankrupt American Airlines Seeks OK For Big Lawyer Fees As It Seeks More Worker Pay Cuts

American Airlines' bankrupt parent AMR Corporation (PINK:AAMRQ), which is arguing in federal court it needs hundreds of millions of dollars in contract concessions from its employees in order to survive as a going concern, is planning to spend hundreds of thousands of dollars to entice a small group of hedge funds to invest in the company.
International Business Times Logo

New US Work Visa Regulations To Hit Indian IT Companies Badly

The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
Beverly Hilton hotel

Travel Websites, Hotels Accused Of Price-Fixing

A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
The Obamas' First Kiss Immortalized

The Obamas' First Kiss Gets Immortalized On A Plaque In Hyde Park

As political pundits are scrutinizing the campaign moves of President Barack Obama and Republican Mitt Romney ahead of the November Presidential poll, there's another report that is being hogged with equal intensity - immortalization of the Obamas' first kiss.
International Business Times Logo

California Congressman Suddenly Resigns

Rep. Dennis Cardoza, D-Calif., said Tuesday he would resign immediately, a move he told a local newspaper was due to family concerns.
Laureate Kitchen

Laureate Penthouse Sells For $11.55 Million

A penthouse at the Laureate, a luxury condo building in Manhattan's Upper West Side, has sold for $11.55 million, according to city records filed Thursday.

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