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  • AMR loses bid to terminate retiree benefits Friday, 18 Apr 2014 | 7:59 PM ET

    NEW YORK, April 18- A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees.

  • US city sues firms over stock trades Friday, 18 Apr 2014 | 7:08 PM ET

    The city of Providence, Rhode Island, is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that traded stocks in the U.S. since April 18, 2009.

  • NEW YORK, April 18- Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.

  • Judge says American can't end retiree benefits yet Friday, 18 Apr 2014 | 5:09 PM ET

    DALLAS— A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees. On Friday, U.S. Bankruptcy Court Judge Sean Lane in New York rejected a request made by American's former parent, AMR Corp., for the right to immediately eliminate retiree benefits for former pilots, flight attendants and other union workers.

  • NEW YORK, April 18- Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year. District Judge Naomi Reice Buchwald in Manhattan ruled that the indictment adequately alleged the essential elements of the crimes charged.

  • Correction: Restaurant Sales story Friday, 18 Apr 2014 | 4:39 PM ET

    NEW YORK— In a story April 17 about restaurant sales, The Associated Press reported erroneously that the average sales in a Starbucks location in 2013 was $13.1 million. NEW YORK— Chipotle restaurants are ringing up more sales than ever before.

  • NEW YORK, April 18- Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year. District Judge Naomi Reice Buchwald in Manhattan ruled that the indictment adequately alleged the essential elements of the crimes charged.

  • In a brief filed with the 9th U.S. Circuit Court of Appeals in San Francisco on Thursday, AbbVie Inc said the full court should review an initial three-judge decision that found a gay man was improperly excluded from jury service due to his sexual orientation.

  • 5 features an Amazon phone might offer Friday, 18 Apr 2014 | 2:00 PM ET

    NEW YORK— Rumors of an Amazon smartphone reached a fever pitch this week, with The Wall Street Journal reporting that the device could be due out this year. Amazon hasn't confirmed that it has plans for a smartphone, and it isn't clear what such a device might offer in the way of distinctive features.

  • US newspaper industry revenue fell 2.6 pct in 2013 Friday, 18 Apr 2014 | 1:59 PM ET

    NEW YORK— U.S. newspaper industry revenue fell last year, as increases in circulation revenue weren't high enough to make up for shrinking demand for print advertising, an industry trade group said Friday. The Newspaper Association of America said revenue fell 2.6 percent to $37.6 billion in 2013..

  • April 18- Telus Corp, one of Canada's dominant telecom providers, has reached a new agreement to acquire struggling wireless startup Mobilicity, in a renewed bid to overcome government objections on competition grounds.

  • Comcast and TWC in talks to sell subs to Charter Friday, 18 Apr 2014 | 12:56 PM ET
    A Comcast truck at one of their centers on February 13, 2014 in Pompano Beach, Florida.

    Comcast and Time Warner Cable have entered negotiations to sell cable assets worth up $20 billion to Charter Communications in a deal aimed to allay Washington's concerns about their proposed merger.

  • NEW YORK, April 18- High-speed trading firm Virtu Financial Inc, which has been pursuing an initial public offering, has received a letter of inquiry from the New York attorney general amid a wider probe of the industry, a person familiar with the matter said on Friday.

  • Calpine selling six power plants for $1.57B Friday, 18 Apr 2014 | 12:39 PM ET

    NEW YORK— Independent power producer Calpine said Friday will sell six power plants in the Southeast to LS Power for $1.57 billion.

  • NEW YORK, April 10- A U.S. judge has issued final dismissals of lawsuits accusing Lululemon Athletica Inc and various company officials of defrauding shareholders by concealing defects in yoga pants.

  • In '1971,' an analog precursor to NSA, Snowden Friday, 18 Apr 2014 | 10:39 AM ET

    It's the story of the documentary "1971," premiering Friday at the Tribeca Film Festival, a film about a little-known but hugely important break-in on March 8, 1971. A group of eight calling themselves the Citizens' Commission to Investigate the FBI broke into a laxly guarded satellite FBI office in Media, Pennsylvania, outside Philadelphia.

  • Chobani to expand offerings amid competition Friday, 18 Apr 2014 | 9:49 AM ET

    Later this year, the Norwich, N.Y.- based company will also introduce savory dips, Chief Marketing Officer Peter McGuinness said in a phone interview. But competition has been increasing, with General Mills and Danone investing more heavily in their Greek yogurt brands.

  • 'The Boondocks' back for final 'offensive' season Friday, 18 Apr 2014 | 8:43 AM ET

    NEW YORK— The brash animated series "The Boondocks" returns Monday to Adult Swim for its fourth and final season without Aaron McGruder, the man who spawned it, but with its brashness intact. Martin Luther King Jr. awakening from a decades-long "coma" into a modern world that both disturbed and disappointed him for its lack of social progress.

  • Cyrus ill, postpones US tour, resumes in August Friday, 18 Apr 2014 | 6:51 AM ET

    NEW YORK— Miley Cyrus is postponing her U.S. tour while she recovers from an allergic reaction to antibiotics, but will resume her performances in August. Cyrus' representative tells The Associated Press on Friday that the singer will resume the U.S. tour Aug. 1 in Uniondale, N.Y. The new dates will include seven rescheduled shows and two additional stops.

  • US senator: Metro-North fined $552,000 past decade Friday, 18 Apr 2014 | 6:07 AM ET

    NEW HAVEN, Conn.— Metro-North, the nation's second-largest commuter railroad, has been fined $552,000 over the past decade for safety violations and defects, U.S.

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