The parent company of Outback Steakhouse and two other area companies landed on an unenviable list of companies most at-risk of defaulting on their debt. ...more

March 13, 2009

Nadel's Asset Request Denied A federal judge has denied Florida hedge fund manager Arthur Nadel's request for a hearing to consider releasing some of his frozen assets to pay attorney fees. ...more

March 11, 2009

Continental Airlines 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. ...more

September 5, 2008

The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further increase ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses last week, they signaled customers should expect more hits to their checkbooks. ...more

July 22, 2008

Many more job cuts, likely totaling more than 6,000, are likely at American Airlines as the nation's biggest airline hunkers down and tries to survive record high fuel costs. ...more

July 4, 2008

The surge in oil prices is translating into even higher costs for air travelers as well as drivers. ...more

June 10, 2008

NEW YORK - Continental Airlines Inc. said Thursday it is cutting 3,000 jobs and reducing capacity in the fourth quarter by 11 percent, citing record fuel costs and an industry in "crisis." ...more

June 5, 2008

Domestic airlines' on-time arrival rate improved in April despite more than 3,900 flights canceled by American Airlines, according to government data released Wednesday. ...more

June 5, 2008

Delta Air Lines, poised to become the world's largest carrier by acquiring Northwest Airlines, plans to drop more flights to blunt soaring fuel bills. ...more

June 4, 2008

Turns out that new airline checked-bag fee wasn't the end of it. Airlines ratcheted up the pressure on fliers ahead of the holiday weekend, significantly raising ticket prices to offset the runaway cost of fuel. The three biggest carriers each boosted most domestic fares by up to $60 roundtrip, and budget airline AirTran Airways raised its leisure fares by $30 roundtrip. ...more

May 23, 2008