Archive for the ‘Company News’ Category

JetBlue to auction flights on eBay

Monday, September 8th, 2008

September 7, 2008: 4:57 PM EDT Lessons of the fall: JetBlueMore VideosNEW YORK (AP) -- JetBlue Airways Corp. is auctioning off more than 300 roundtrip flights and six vacation packages this week on eBay, with opening bids set between 5 and 10 cents.The flights are to more ...

Ford seeks loan guarantees for green tech

Saturday, September 6th, 2008

September 5, 2008: 6:58 PM EDTGreen tax breaks to expireMore VideosDEARBORN, Mich. (AP) -- Ford Motor Co. will keep investing in new fuel-saving technology even if it doesn't get any government loan guarantees, but the loans will help the automaker get the technology to market more quickly, Executive Chairman Bill ...

Student lenders under scrutiny

Saturday, September 6th, 2008

September 5, 2008: 5:55 PM EDTPaying for college gets tougherMore VideosNEW YORK (AP) -- The attorney general of New York is negotiating settlements with eight student loan companies to reform deceptive practices in the industry. A particular focus is the marketing of products so they appear to be federal loans, ...

Google starts showing its age

Saturday, September 6th, 2008

Google starts showing its ageThe Internet search giant was unstoppable in its first decade. The next 10 years may not be so easy.By Yi-Wyn Yen, reporterSeptember 5, 2008: 2:14 PM EDTPhotosGoogle turns 10: A look backAs the search giant celebrates its birthday, we highlight some of its biggest moments.View photosGalleryWhat's ...

Continental to charge for first checked bag

Saturday, September 6th, 2008

September 5, 2008: 12:20 PM EDTAirlines soar over oil's fallMore Videos Airlines charge soldiers tooMore VideosDALLAS (AP) -- Continental Airlines Inc. said Friday it is charging some coach customers $15 for a first checked bag, matching a similar fee imposed by most other major U.S. carriers.A company spokeswoman said the ...

Big Three bailout may be around corner

Friday, September 5th, 2008

By Chris Isidore, CNNMoney.com senior writerLast Updated: September 4, 2008: 4:07 PM EDT Detroit automakers are seeking $50 billion in government loans to speed the retooling of truck plants into assembly lines to make fuel efficient cars.SUVs for sale, but no buyersMore Videos GM's Wagoner: Volt on ...

Auto lenders feel squeezed

Friday, September 5th, 2008

By David Ellis, CNNMoney.com staff writerLast Updated: September 4, 2008: 10:08 AM EDTBuilding a modern muscle carMore VideosNEW YORK (CNNMoney.com) -- The nation's automakers aren't the only companies suffering from higher gas prices and weak vehicle sales. Auto lenders are feeling the squeeze as well.Rising unemployment and soaring gas prices ...

Goldman cuts Merrill to ’sell’

Friday, September 5th, 2008

September 5, 2008: 8:22 AM EDTJapanese bank won't invest in LehmanMore VideosNEW YORK (AP) -- Merrill Lynch & Co. shares pointed lower early Friday after Goldman Sachs cut its rating on the stock to "Sell" on expectations for more write-downs tied to troubled investments.Merrill (MER, Fortune 500) shares dropped fell ...

慖CICI, Kingfisher, Taj top brands in Asia-Pacific?

Friday, September 5th, 2008

Rating:  0 Three Indian brands -- ICICI, Kingfisher and Taj -- have emerged as the most admired consumer brands ...

AIG shares fall on spin-off reports

Friday, September 5th, 2008

September 4, 2008: 2:37 PM EDTJ.P. Morgan's dream teamMore VideosCHARLOTTE, N.C. (AP) -- Shares of American International Group Inc. fell Thursday, on reports that the insurer may consider forming a separate company to hold billions in securities that have dogged its balance sheet for the past several quarters.Shares declined $1.22, ...