Tag: business & economy

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American Airlines parent files for bankruptcy protection

AMR Corporation, the parent company of American Airlines, announced Tuesday morning that the company had filed bankruptcy in New York. American is the last major legacy U.S. carrier to seek the help of the courts to reduce costs. The airline said operations will continue normally through the process....
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South Africans prepare for life after Mandela

Though he's still living, Nelson Mandela, the revered former leader of South Africa, makes fewer and fewer public appearances. Now 93, many South Africans are preparing for the day Nelson Mandela will no longer be alive....
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VIDEO: U.S. and allies levy new, stricter sanctions on Iran

The United States was joined by two of its closest allies in imposing a new round of financial sanctions on the Iranian banking system, seeking to up the pressure on Iran as it continues what the west says is its pursuit of nuclear weapons....
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Tea Party activists meet Occupy Memphis protesters for civil discussion

In Memphis, an online discussion between the two largest protest movements going right now, the Tea Party activists and the Occupy Wall Street protesters, led to an in-person discussion where the two sides tried to better understand each other and find common ground....
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Target employee creates petition to protest store's midnight opening on Black Friday

Target stores across the country will be opening early this year: at midnight. They're joining a trend of stores opening earlier and earlier, but one employee wants you to help him say no....
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Congressmen seek changes to environmental protection law

In the wake of an investigation into a well-known Tennessee guitar manufacturer, Gibson Guitar, two Tennessee lawmakers are seeking to loosen the environmental regulations that enabled the federal government to raid the company....
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Concern over European debts shifts to Spain

With debt and government crisises in Italy and Greece making international news, people in Spain, as well as lenders, are worried that country will be the next to become financially instable....
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One of first Tea Party organizers bullish about organization's future

Keli Carender in Seattle held one of the first protests to be considered part of the Tea Party Movement. Today, she remains committed to the group and is optimistic about its future....
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Online, considerable anger over Stop Online Piracy Act

A growing chorus of tech companies and online engineers are criticizing two laws winding through Congress, SOPA, the Stop Online Piracy Act ,and the PROTECT IP Act, which they say will stifle free speech and undermine the Internet in general....
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VIDEO: More Americans traveling for Thanksgiving; most are hitting the road

A new study from triple AAA found that 4 percent more Americans will be traveling for the Thanksgiving holiday, and the vast majority will be driving....
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