American Airlines plans to cut 13,000 jobs
American Airlines told its unions Wednesday it plans to cut 13,000 jobs from the staff of 88,000 at the nation’s No. 3 airline.
Mark Zuckerberg’s letter to investors: ‘The Hacker Way’
Facebook filed Wednesday to raise $5 billion in an initial public offering. Here is CEO Mark Zuckerberg’s letter to potential investors.
U.S. goes after three ex-Credit Suisse bankers
In a case stemming from the housing meltdown that led to the financial crisis, a former executive at Credit Suisse and two associates have been charged with deliberately inflating the price of mortgage-backed securities held on their books.
Facebook IPO: Morgan Stanley is big winner
If there’s a crown jewel in the world of initial public offerings, it’s Facebook.
Romney: “I’m not concerned about the very poor”
Mitt Romney says he isn’t worried about those living in poverty since they have government assistance programs to fall back on. Instead, he wants to focus on helping the middle class.
Wall Street extends rally into February
U.S. stocks rose Wednesday, but closed off the highs of the day, on a combination of improved economic data and easing concerns about Europe’s debt crisis.
Wall Street bets big on Romney
Wall Street has thrown its weight behind alum Mitt Romney for president, according to new campaign data for 2011.
Whirlpool surges 17%
Shares of Whirlpool spiked more than 17% Wednesday after the appliance maker issued a strong outlook for 2012, despite a soft fourth quarter.
AOL’s sales still sliding, but declines are slowing
AOL’s decay is slowing. But is “less bad” good enough to count as a turnaround?
Obama proposes new home loan refinancing plan
The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today’s historically-low rates.
