British Airways canceled more than 1,000 flights after its cabin crew launched a three-day strike Saturday, wreaking havoc on the plans of tens of thousands of passengers just before the busy spring holiday season.
Hoping to keep as many passengers happy as possible, BA scrambled to rebook some on other services, chartered planes from rival [...]

Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the United States so far this year.
The closings follow the 140 that succumbed in 2009 to mounting loan defaults and the recession.
The Federal Deposit Insurance Corp. took over First Lowndes Bank, in Fort Deposit, [...]

Cabin crews with British Airways are on strike.
The walkout, expected to last three days, has forced the airline to cancel thousands of flights.
A total of 1,100 flights out of the 1,950 flights scheduled to operate during the walkout will be canceled. The airline has leased planes and crew from rival carriers to take [...]

The record-breaking deal in which Michael Jackson’s estate will get up to $250 million in the next seven years probably isn’t a huge gamble for the company that will pay the money out, Sony Music Entertainment.
Before he died last June at age 50, Jackson, a prolific songwriter, left dozens of unreleased recordings that are [...]

A three-day strike by British Airways cabin crew is set to start at midnight Friday after last-ditch talks between the airline’s management and union leaders collapsed.
BA Chief Executive Willie Walsh said it was “deeply regrettable” that the union declined to accept a proposal on pay and working conditions from the airline, adding that offer [...]

Updated at 1:05 p.m. ET
If the economy cooperates and auto sales recover a bit, General Motors Co. has a reasonable chance of turning a full-year profit in 2010, its new chief financial officer said Wednesday.
Former Microsoft Corp. CFO Chris Liddell, at his first meeting with reporters in Detroit, said the automaker is making money [...]

A three-day strike by British Airways cabin crew is set to start at midnight Friday after last-ditch talks between the airline’s management and union leaders collapsed.
BA Chief Executive Willie Walsh said it was “deeply regrettable” that the union declined to accept a proposal on pay and working conditions from the airline, adding that offer [...]

The number of newly laid-off workers requesting jobless benefits in the U.S. fell slightly last week for the third straight time. But initial claims remain above levels that would signal net job gains.
New claims for unemployment insurance fell 5,000 to a seasonally adjusted 457,000, the Labor Department said Thursday. That nearly matched analysts’ estimates [...]

Porsche shot to the top of a closely watched study of long-term vehicle dependability, overtaking U.S. and Japanese rivals, J.D. Power and Associates said Thursday.
The German sports car brand took the No. 1 spot in the annual study, which gave it ninth place last year. Lincoln came in second, while Buick and Lexus tied [...]

Activist shareholder Carl Icahn raised the stakes in his yearlong dispute with Lions Gate Entertainment Corp. on Friday, launching an all-out bid to take over the movie studio following disagreements over its spending.
The hostile bid comes a week after Lions Gate rejected Icahn’s offer to buy a larger minority stake and rewrote its bylaws [...]