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AMR Corp, the corporate parent of American Airlines, has posted the biggest yearly loss in aviation history. The world#8217;s largest airline, battling a perception that it would have to follow some major rivals into bankruptcy, reported on Wednesday a loss of US$3.5bil for 2002, and warned that it must cut costs drastically to keep flying.
Letter to the Editor from Datuk Oh Chong Peng.
Fallen energy giant Enron Corp. was running scams to drive up the cost of power years before the 2000-01 U.S. West Coast energy crisis, according to audio transcripts and documents unveiled by a public utility north of Seattle.
Cartoonish violence ruled the day at the annual knockdown Super Bowl competition among advertisers, as I>Bud Light/I>, I>Diet Pepsi/I>, I>Michelob/Iand I>Sprint/Iall used physical gags to hawk their wares during the most-watched television broadcast in the US of the year.