Toyota Motor Corp. slashed its earnings forecast again Monday, projecting that it would report its first operating loss ever for the fiscal year through March on waning global demand and a surging yen. ...more

December 22, 2008

Southwest Airlines attributed the loss to a $247 million special accounting charge against its fuel-hedging program for the quarter, which ended Sept. 30. Those contracts are less valuable now that oil prices have plunged by nearly half since July. ...more

October 17, 2008

Southwest Airlines, the busiest carrier at Tampa International Airport, reported its first quarterly loss in more than 17 years after taking a $247 million special accounting charge on its fuel hedging program for the period ending Sept. 30. The Dallas-based airline said it achieved an operating profit for the 70th consecutive quarter, but the special charge resulted in a $120 million loss, or 22 cents a share, for the third quarter. ...more

October 16, 2008

Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota's operating profit would fall 40 percent this fiscal year through March. ...more

October 9, 2008

The Tampa Bay area will lose 325 jobs and one of its higher-profile manufacturers next year when auto parts maker Lear Corp. shuts its Tampa manufacturing plant. ...more

September 11, 2008

Exxon Mobil reported the fattest operating profit in U.S. corporate history Thursday but took a beating anyway - from politicians railing against Big Oil, drivers bleeding cash at the pump and investors who expected more. ...more

August 1, 2008

In March 2005, the parent company of TV shopping network HSN said it would pay about $720 million to acquire the Cornerstone Brands collection of upscale catalogs - titles such as Ballard Designs, Frontgate and Territory Ahead. ...more

July 31, 2008

As the purchase of XM Satellite Radio by larger rival Sirius Satellite Radio Inc. closed Tuesday, questions remained over whether the combined company can handle its $3.4 billion in debt, including $1.1 billion due next year. ...more

July 30, 2008

Many customers of Allegiant Air refer to the Las Vegas-based airline as "Ally-Giant," Sabrina LoPiccolo, the airline's public relations and promotions manager, acknowledges. ...more

July 12, 2008

For U.S. retailers, the phrase "challenging environment" has become a shared refrain for one of the toughest quarters in decades. And merchants expect the climate to remain rough for the rest of the year as higher gas and food costs as well as slumping home prices weigh on shoppers. ...more

May 21, 2008