When American Airlines reorganizes under bankruptcy protection, it's not likely to seek widespread layoffs. The airline already made big cuts during the economic downturn. More likely, the company will seek big givebacks in retiree pensions and benefits.
A judge in Australia has given Samsung permission to sell its Galaxy tablet computers there — just in time for holiday shopping. Apple accuses Samsung of copying key features of the iPad and iPhone, and has been trying to block Samsung from selling versions of those devices.
What's being described as the largest national strike in a generation has begun in Britain. Some two million public sector workers are expected to take part. It's the latest in a wave of protests over austerity measures that have been sweeping through Europe for many months.
The wide-ranging inquiry into criminal abuses by the British press has led to testimony about relationships and careers damaged by tabloid excess. Newspapers owned by Rupert Murdoch's News Corp. are at the heart of the scandal. A former features editor for one of those papers stole the show at Tuesday's hearing.
AT&T may have suffered another setback to its proposed $39 billion merger with rival wireless company T-Mobile. The FCC on Tuesday released a detailed analysis of its reasons for opposing the deal, contrary to AT&T's wishes.
Businesses' desire to make sense of vast troves of data means mathematicians are in high demand, creating a recruiting war for talented analysts. DJ Patil, a "big data" expert who now recruits for a venture capital firm, compares raw data to clay: shapeless until molded by a gifted mathematician.
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