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British Airways is delaying moving most of its long-haul flights to Heathrow's problem-plagued Terminal 5 until early June to ensure it can handle the extra passengers and baggage. That postponement puts BA more than a month behind schedule on moving into the brand new terminal -- it had planned to switch almost all of its long-haul flights from Terminal 4 on April 30. The delay will have a domin.. more

Chinese authorities jittery about protests during the Mount Everest leg of the Olympic torch relay have abruptly reversed a decision to reopen Tibet to foreign tourists. Foreigners have not received permits to visit the Himalayan region since deadly anti-government riots broke out in the capital, Lhasa. Tourism authorities announced last week that foreign tour groups would be allowed in on May 1, .. more

Frontier Airlines Holdings Inc. has filed for Chapter 11 bankruptcy protection, but unlike other airlines filing for bankruptcy in recent weeks, it plans to keep running while it reorganizes. The low-fare carrier said its filing Friday came after an unexpected attempt by its principal credit card processor to start withholding significant proceeds from the sale of Frontier tickets, which threatene.. more

The chief executive of American Airlines, which has grounded almost 2,500 flights over the past three days, accepted "full responsibility" Thursday for failing to meet government inspection standards. "I am profoundly sorry that we've gotten ourselves into this situation, and I thank our customers for their patience under very difficult circumstances," American CEO Gerard Arpey said Thursday after.. more

Samsung Group Chairman Lee Kun-hee arrived Friday for a second round of questioning by an independent counsel probing allegations of bribery and other wrongdoing at South Korea's biggest industrial conglomerate. Lee, 66, appeared at the office of the special prosecutor for the second time in a week, though did not speak to reporters. He was summoned the first time last Friday and was questioned al.. more

A decision by Britain's anti-fraud agency to end an inquiry into a lucrative arms deal between Saudi Arabia and a U.K. defense and aerospace company was illegal, two judges ruled Thursday. The High Court judges did not immediately order the investigation into BAE Systems to be reopened, but said they would hear further arguments on the issue. The U.S. Justice Department opened an investigation la.. more

The Bank of England has cut its base lending rate a quarter-point to 5 percent, the lowest rate in 17 months. But a number of analysts still say that further rate cuts are needed. The widely expected decision comes in the face of contrary pressures from rising inflation, sagging house prices and falling consumer confidence. The bank's key rate hit its recent peak of 5.75 percent in July and sta.. more

English club Birmingham City have released a statement to explain why co-owner and managing director were interviewed by police in a corruption probe. The Premier League outfit temporarily suspended share trading on the London Stock Exchange on Thursday morning after David Sullivan -- who owns the club with David and Ralph Gold -- was questioned and bailed by officers from City of London's economi.. more

Yahoo's last-ditch efforts to avoid a takeover by Microsoft appear to be setting the stage for a dramatic finale featuring a rich cast of Internet and media stars. Eager to frustrate Microsoft in any way possible, Internet search leader Google has already agreed to help out Yahoo by participating in an unusual test that will gauge how much more advertising Google can sell for its struggling rival... more

Harrah's Entertainment says its board of directors has decided to change the casino company's name to Caesars Entertainment Corporation. Harrah's chairman Gary Loveman says the name change will give the company greater prestige and more international name recognition. Harrah's acquired the Caesars brand through a merger in 2005, making it the world's largest casino company by revenue. It curren.. more