American Airlines Group Inc Chief Executive Doug Parker voiced concern on Sunday about the risk that capacity growth among airlines could depress profits, but told Reuters that in contrast with past cycles, the rise in capacity "feels different."
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CEOs temper U.S. economic growth outlook for 2015: survey
U.S. chief executive officers have become a bit more pessimistic in their outlook for the American economy in 2015 and fewer of them expect to increase sales, investment and hiring this year, a quarterly business group survey said on Monday.
Apple muscles into streaming music market
Apple launched Apple Music on Monday, a $9.99-a-month streaming music service that may not differ dramatically from competitors but comes with Apple's deep music roots, global brand and hundreds of millions of iTunes customers.
Apple expected to focus on watch, music at developer conference
Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers in San Francisco on Monday.
Yahoo to shut down Maps and other services
California-based Yahoo Inc will be shutting down its maps website and other services at the end of the month, Yahoo's chief architect, Amotz Maimon said in a blog post.
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Boeing Co (BA.N) said it expects airline passenger traffic to rise more than 6 percent in 2015, possibly close to 6.5 percent, above its long-range forecast of about 5 percent.
Orange CEO Stephane Richard announced expansion plans in North Africa. The French mobile company has recently launched 4G service in Jordan while its representative expressed willingness to end ties with Israel.
The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.
Stock investors are expected to tread carefully next week, as speculation about the timing of a U.S. Federal Reserve interest rate hike adds to concerns about valuations.
In a January earnings call with investors, Apple Inc (AAPL.O) Chief Executive Tim Cook made a confident prediction: "2015 will be the year of Apple Pay," he said.
Bigger isn't better for the world's gold miners, who are increasingly making "bite-sized" developments that carry less risk of budget disasters and fewer of the political and environmental disputes that have derailed mega-mines in recent years.
Amazon.com Inc is in a race against Google Inc to store data on human DNA, seeking both bragging rights in helping scientists make new medical discoveries and market share in a business that may be worth $1 billion a year by 2018.
Wal-Mart Stores Inc (WMT.N) named the son-in-law of chairman Rob Walton as his successor on Friday, cementing the founding family's influence over the retailer as shareholders defeated a measure calling for an independent director to lead the board.
U.S. job growth accelerated sharply in May and wages picked up, signs of strong momentum in the economy that bolster prospects for a Federal Reserve interest rate hike in September.
