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    Last update: December 22, 2009

    +Bond set for lawyer indicted in class-action kickback scheme
      The co-founder of a prestigious New York law firm indicted in a major class-action kickback scheme posted a $1.5 million (?1.08 million) bond on Friday and will remain free as he awaits trial, his attorney said.

    +Chinese central bank raises reserve ratio again on liquidity fears
      China's central bank said Saturday it was boosting the amount of money that its banks must hold in reserve for the eighth time this year, reducing the amount available for lending in an effort to cool an investment boom.

    +Report: Malaysia's AirAsia X to get Japanese, Middle East investors
      Malaysia's first long haul budget carrier, AirAsia X, will sell a 10 percent stake each to Japan's Orix Group and Bahrain's Perigon Capital for a total of US$75 million, a report said Saturday.

    +'The new frontier': Superstars leaving major record labels for innovative deals
      Prince freed himself from record labels years ago. Paul McCartney, Radiohead and Nine Inch Nails have followed. Now Madonna appears to be saying goodbye to her big-name record company for a cool $120 million (?84.6 million).

    +Aer Lingus, pilots union to hold talks in hopes of preventing airline shutdown
      Aer Lingus and Ireland's pilots union confirmed plans to open negotiations Saturday in hopes of defusing a confrontation that threatens to end in a pilots lockout and mass flight cancelations.

    +Computing's next wave could be on shirts and shoes
      From clothes riddled with sensors to name tags that detect our moods, computing's next wave could unleash small devices that increasingly augment everyday activities with digital intelligence.

    +AP Interview: Airbus chief salesman says A380's problems are in the past
      The worst day of John Leahy's life, Airbus'chief salesman says, was facing Singapore Airlines executives and telling them that the very first A380 superjumbo ?already months behind schedule ?would be delayed yet again.

    +Chronology of Airbus development of the A380
      Airbus is set to hand over the long-delayed first A380 superjumbo to its launch customer Singapore Airlines on Monday. A short timeline of the A380:

    +Eastman Kodak to cut Olympic sponsorship ties after the 2008 games in Beijing
      Photography icon Eastman Kodak Co. said it is ending its role as a top corporate sponsor of the Olympics after next summer's games in Beijing.

    +US works with China on product safety issues
      U.S. officials and their Chinese counterparts sought Friday to set up a plan to ensure the safety of products exported to the United States.

    +Retail sales in US post strong gain in September, led by demand for autos
      Retail sales in the U.S. posted a stronger-than-expected gain in September, easing fears about a possible recession, while a big surge in gasoline costs pushed wholesale inflation higher.

    +Ford CEO Mulally says framework of UAW deals will help Ford compete
      The main planks of the United Auto Workers union's deals with General Motors and Chrysler will help Ford Motor Co. become more competitive, its chief executive Alan Mulally said.

    +Bond set for lawyer indicted in class-action kickback scheme
      A federal judge set bond at $1.5 million (?1.06 million) Friday for the co-founder of a prestigious New York law firm who was indicted in a major class-action kickback scheme.

    +Reno jury cuts $100 million out of drug award
      RENO, Nevada ?A jury has cut nearly $100 million (?70 million) from the compensatory damages it awarded three Nevada woman in a case involving hormone replacement drugs made by Wyeth Pharmaceuticals.

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