Airlines Face Billions More in Losses - Airlines globally could lose more than $6.1 billion in 2008 due to high oil prices and geopolitical instability, the head of an industry group said.
Big Stakes for Boeing, Union in Talks - Boeing hopes to avoid a strike by machinists, yet make inroads on mounting pension and health-insurance costs.
FDIC Unveils IndyMac Plan - The FDIC unveiled a plan to help borrowers of failed thrift IndyMac in order to keep consumers in their homes and limit the government's potential losses.
Auction-Rate Probe Intensifies - New York state stepped up its probe of Bank of America, Goldman Sachs and Deutsche Bank over the firms' sales of auction-rate securities.
Housing Slump Blamed as Home to Shut Doors - The publisher of Home said it is pulling the plug on the struggling magazine. The downturn in the real-estate market has cast doubt on reader and advertiser appetite for "shelter" publications that tell people how to spruce up their homes.
Retailers Personalize In-Store Ads - Marketers are starting to personalize in-store promotions in the latest bid to tailor ads to specific consumers.
Debt Turnover Casts Shadow - Fannie Mae and Freddie Mac need to refinance $225 billion of debt by the end of September. Investor interest may hinge on the details of any potential government bailout.
Andor Hedge Fund Shutting Down - Andor Capital Management, a hedge fund controlling about $2 billion in assets, is closing down and returning money to investors.
