NYT Business

News about airlines and airports.

Traveling with pets can be an adventure. But not always because of the pets.

Two of Dow Chemical’s top executives worked on a $50 billion takeover of their company last year, behind the backs of the company’s chief executive and board.

Hotels that care about the environment often have to balance this concern with their own business needs.

United States manufacturing declined in May for the fourth consecutive month while inflation surged to the highest in four years, heightening fears of stagflation.

The company cited “uncertainty and controversy over product labeling regulations.”

The Treasury secretary defended the dollar’s status as the world’s reserve currency, in a message to gulf oil producing states.

Citing high oil prices and the slowing economy, the International Air Transport Association sharply lowered its industry forecast for 2008.

After the success of the single currency, the European Central Bank faces a new challenge. How will it make monetary policy with some members mired in a slowdown and others stalked by inflation?

Melvyn I. Weiss, the prominent class-action lawyer, was sentenced to 30 months in prison by a federal district judge in Los Angeles for his role in concealing illegal kickbacks to plaintiffs.

FedEx said it will change the name of its printing and professional services unit, which it purchased in 2004, and record a charge resulting from the renaming.

Bradford & Bingley on Monday became the latest lender to seek emergency help from an investor, agreeing to sell a 23 percent stake to TPG, the private equity group.

The chances are growing that Richard A. Grasso will keep the $185 million pay package that led to his ouster as chairman of the New York Stock Exchange.

The ouster of G. Kennedy Thompson as chief executive, announced Monday morning, leaves the Charlotte, N.C.-based bank confronting an uncertain future.

Mr. Bill, the clay doll that was pulverized in vintage “Saturday Night Live” skits, makes it through the day in a new ad campaign by MasterCard.

The United States lost its final appeal on Monday in a billion-dollar trade dispute with Brazil over subsidies to American cotton growers.