WASHINGTON - The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
WASHINGTON U.S. private employers hired the most workers in six months in June and factory activity picked up, providing fresh evidence the economy was gathering solid momentum after contracting at the start of the year.
Saudi Arabia's billionaire Prince Alwaleed bin Talal, one of the world's richest people, announced Wednesday that he will donate all of his wealth of $32 billion to charity over the coming years.
PayPal, the online payments company weeks away from an expected spinoff from eBay, took a leap into the growing digital money transfer business on Wednesday by acquiring Xoom, a big player in the field.
LOUISVILLE, Ky. - The U.S. Department of Justice filed an antitrust lawsuit Wednesday to block Swedish-owned Electrolux's proposed $3.3 billion purchase of General Electric's Louisville-based appliance business.