AMR CEO In Line For $20 Million Severance
AMR CEO Tom Horton won't get to lead the new American Airlines after it merges with US Airways, but he will get a going-away prize of nearly $20 million.
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AMR CEO Tom Horton won't get to lead the new American Airlines after it merges with US Airways, but he will get a going-away prize of nearly $20 million.
BMW is recalling more than 30,000 SUVs to fix an oil leak that can knock out the power-assisted braking.
After months of courtship, American Airlines and US Airways are officially tying the knot. In the aviation industry's newest marriage, the two carriers will create the world's largest airline.
The American Airlines merger with US Airways -- announced on Thursday morning -- creates an airline that will move more people through the skies than any other airline in the world.
General Motors made money in North America and Asia and lost a bundle in Europe as it nearly doubled last year's fourth-quarter net profit, the company announced Thursday.
Passengers on the Carnival Triumph have described hallways filled with sewage, people fighting over food, and sickness sweeping over the ship.
Unemployed workers at a Dallas job fair today were largely excited by President Obama's call to raise the federal minimum wage.
Texas Governor Rick Perry is back in the Lone Star State after a whirlwind trip to California.
Fort Worth's American Airlines and Phoenix's US Airways formally announced a merger on Thursday morning to create the world's largest airline.
Governor Rick Perry wrapped up his high-profile recruiting trip to California on Wednesday without having persuaded any businesses to relocate to his state — at least not yet.
Dr Pepper Snapple said that its net income edged up 2 percent, bolstered by higher prices. But the Plano company said that its 2013 earnings forecast fell short of estimates.
Sources indicate that the American Airlines board of directors will meet on Wednesday to possibly vote on a merger with US Airways.
A shareholder rebellion against Dell's proposed sale is gaining support, fueling a belief that the personal computer maker will have to wrangle a higher price to get the deal done.
JCPenney has amended its bank credit facility to increase its borrowing capacity as it looks to finance its multiyear transformation.
Kyle Lee received an unpleasant surprise when he came to Renaissance Hospital in Terrell.