JetBlue Makes a Deal with Lufthansa
For $300 million, Lufthansa takes a 19% stake in the budget carrier—a puzzling investment, save for future U.S. growth opportunities
Dow and Kuwait Petro: Profit-Margin Play
The U.S. chemical giant hopes the joint venture will help it become a specialty player to avoid down-cycle margin squeezes
Refilling Kraft’s Cookie Jar
CEO Irene Rosenfeld is banking on a raft of new products to boost sales. Can she whip them up before investors lose patience?
Can This ‘Genius’ Save Citi?
On a conference call with analysts, new CEO Vikram Pandit leaves the door open for asset sales at the beleaguered bank
Can Air France-KLM Rescue Alitalia?
The Italian airline may not seem like a bargain to many, but the Franco-Dutch carrier sees the benefits of adding a third hub
New CEO’s Big Move at AT&T
Randall Stephenson announces the telecom giant plans to buy back 400 million shares and raise its dividend 12.7%
Why Citi May Need a Merger
Because of the weakness in its capital structure, the financial-services giant may need to pair up with another bank
WaMu Slashes Home Loan Business
Among the steps taken by the savings and loan: cutting more than 3,100 jobs and discontinuing all subprime mortgage lending
Apple Forecasts: Not Just Hype
Unusually aggressive guidance didn't stop analysts from making even more optimistic predictions for the iPhone maker in 2008
Air France, Alitalia Rise on Takeover Talk
Some experts think the money-losing Italian carrier is a bad risk, but two airlines see it differently and have their money on the table