Fed fuels commodity price spike

Commodity prices across the board moved higher Wednesday, with oil prices topping $100 per barrel for the second time in almost six months. And experts said this time they could actually keep climbing.

Costs key for AMR; fleet, routes need work: experts

(Reuters) – Bankruptcy will help American Airlines slash costs, but Chapter 11 is not a silver bullet for operational problems that dropped American from its top position among U.S. carriers to No. 3…

UK expels Iran diplomats after embassy attack

TEHRAN (Reuters) – Britain shut Iran’s embassy in London and expelled all its staff on Wednesday, saying the storming of the British mission in Tehran could not have taken place without consent from Iranian authorities.

Europe leans on IMF as crisis plan falls short

In the increasingly desperate search for the proverbial big “bazooka,” European policy makers are now exploring ways for the International Monetary Fund to help contain the eurozone debt crisis.

Spotify wants to be a platform — like Facebook

Streaming music service Spotify wants to be more than a music app: It’s aiming to be a platform for everything you would ever want to read, see, do or share around the music that fills your days.

Lipitor is Dead. Long Live Lipitor!

There are a number of pieces out today about the advent of generic versions of Lipitor, the LDL-cholesterol-lowering drug that has been the world’s best-selling medicine of all time. I’d like to highlight two pieces out today on the subject, but before that, I want to express thanks to Sen. Orrin Hatch (R., Utah) and Rep. Henry Waxman (D., Calif.) […]