China announced subsidies to replace old ships with new environmentally friendly vessels, part of measures to support a sector that is reeling from overcapacity and low freight rates.
FTC forced Hertz to sell off its Advantage Rent a Car brand to battle rising prices, but then Advantage sought bankruptcy protection.
Carrier's passenger revenue per available seat mile last month dropped 6% as performance was hurt by the Thanksgiving holiday coming later than usual this year. However, December Prasm will see dramatic growth.
Nokia will propose setting aside cash in return for the release of its Indian assets as a temporary solution to a tax dispute so that it can close the sale of its handset business to Microsoft.
Former Stryker CEO Stephen P. MacMillan takes over the reins of a troubled medical diagnostics firm that analysts say has underperformed.
The new American Airlines Group has laid groundwork with its unions that could ease the process of integrating the labor forces of predecessors American Airlines and US Airways.
Bechtel to build liquefied natural gas trains, storage tanks and berths for Cheniere's Corpus Christi, Texas, liquefaction project.
Health concerns are eating into sales of diet soda. As a category, diet soda has contracted more than regular soda for three straight years, and store sales dropped 6.8% in the latest 52 weeks.
The agency requested that the broadcast group change plans to use a rule-sidestepping move as part of its deal for Allbritton's TV stations.
J.P. Morgan's alleged failure to file a key document is emerging as a critical component of an investigation into whether the bank provided adequate warnings about Bernard Madoff.