Monthly Archives:  September 2012

  • Lufthansa to Combine European Flights Into Low-Cost Unit

    Full Story | 20th September 2012
    Deutsche Lufthansa AG, Europe’s second-biggest airline, will combine short-haul operations outside its main Frankfurt and Munich hubs with the Germanwings low-cost unit as part of a cost-reduction effort.The new unit will begin operations in January .
  • Apple Reaches $700 as IPhone 5 Shatters Sales Record

    Full Story | 18th September 2012
    Apple Inc. surpassed $700 in late trading yesterday after announcing record first-day orders for the latest iPhone, fueling optimism that the company will keep generating the revenue growth that transformed it from a niche computer .
  • Fed Moves Toward Open-Ended Bond Purchases

    Full Story | 3rd September 2012
    Federal Reserve Chairman Ben S. Bernanke says the U.S. economy is “far from satisfactory.” His colleagues are moving to embrace policies that will stay in place until he’s satisfied.Four Fed presidents have come out in .