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British Airways, Ryanair Cut Winter Flights, Hike Fares
A decrease in winter flights and an increase in plane fares are being planned by British Airways and Ryanair.

Starbucks Closing 50 Stores, California Leads Its Hit-List
Eight California Starbucks' coffee shops top a hit-list released on Tuesday of 50 of 600 stores to be shuttered in an effort to consolidate the firm's operations.

Investor Confidence Down Despite Assurance From FDIC U.S. Banks Are Safe
Despite an assurance from the head of the Federal Deposit Insurance Corporation that American banks are safe from closures, investor confidence continued to be on the wane.

South Korea Recalls Its Ambassador, Disputes Japan's Claim On Two Islands
Japan recalled its ambassador to South Korea on Tuesday after a dispute over who owns two disputed islands in the Sea of Japan, known as Takeshima in Japan and Dokdo in South Korea.

Bush Repeats Call For Offshore Drilling; Denies Bailout Of Mortgage Companies
President George W. Bush reiterated his call on Tuesday for Congress to lift the legislative ban on coastal oil exploration. He also assured investors that the government's rescue plan for Fannie Mae and Freddie Mac did not constitute a bailout.

Kidney Stone Ailments Forecast To Go Up 25 Percent In 2050 Due To Global Warming
A University of Texas Southwestern Medical School study linked the rise in kidney stone ailments to global warming.

Google, Viacomm Reach YouTube Data Deal
An agreement has been reached, allowing Google to submit data other than user login information.

Fannie Mae, Freddie Mac Rescue Plan Has Presidential Candidates Divided
Candidates were divided on Monday about the government's decision to help the nation's two biggest mortgage companies cope with the deepening housing crisis.

Texas Students Attend Online Classes, Cope With Rising Gas Prices
Enrollment in online classes at the University of Houston is enabling students to cope with high gas prices.

GM Restructuring Could Include Large Job Cuts
The automaker announced changes in the face of a 'challenging' U.S. auto sales environment.