business - "short"

WASHINGTON (MarketWatch) - The financial market crisis is not over and further trouble may lie ahead, Treasury Secretary Henry Paulson said Friday. '[T]here are always difficulties during periods such as this. There may be more bumps in the road,' Paulson said in a statement to reporters at the conclusion of the meeting of G7 finance ministers and central bank governors. Paulson stressed that the Bush administration is not sitting on its hands as the U.S. economy slows. 'Given the significant short-term downside risks, we are taking action,' Paulson said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

SAN FRANCISCO (MarketWatch) -- AMR Corp. said late Friday that it will cancel about 200 American Airlines flights Saturday due to ongoing safety inspections on its fleet of MD-80 jets. The company said it plans to resume a normal schedule on Sunday. AMR said that about 231 of its 300 MD-80s had been inspected and returned to service by late Friday, and that it will keep about 25% of its MD-80 fleet grounded early Saturday. AMR said it expects all affected planes in service by late Saturday afternoon.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

SAN FRANCISCO (MarketWatch) -- AirTran Airways, a subsidiary of AirTran Holdings Inc. , said late Friday its balance sheet is 'ample' to fund operations, in light of the company's stock volatility. Shares of AirTran, which closed down 34.6% at $4.13, rebounded 29.3% to $5.34 in after-hour activity. AirTran said it has $358 million in cash and investments on its balance sheet. 'AirTran Airways is one of the strongest low-cost carriers operating today,' said Bob Fornaro, AirTran president and chief executive, in a statement. AirTran made the statement following a recent string of low-cost airlines that have folded because of high fuel prices.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The conglomerate's poor results for the first quarter fell far short of expectations, stunning investors.

Stocks barreled into negative territory right out of the gate this morning. Dow component General Electric (GE) can take credit for today's nose-dive; the blue-chip conglomerate fell woefully short of Wall Street's earnings expectations and slashed its 2008 guidance...(Read More)

The G7 stopped short of declaring that the U.S. economy was heading for a recession and bristled at sharp reductions in growth forecasts from the International Monetary Fund.

The commodities frenzy has led to a shortage of giant tires—and boom times for a niche business

With Philip Morris' blessing, Congress appears ready to empower the FDA to regulate tobacco. Bills passed by House and Senate committees would give the agency authority to mandate changes in the manufacture and sales of cigarettes, but stop short of allowing outright bans.

Loan payment protection is a short-term insurance cover that pays up to 75 per cent of normal monthly income for covered individuals. It is part of an umbrella of products known as payment protection insurance (PPI). Other related products include mortgage payment protection and income payment protection.

The precious metal is seen trading within recent range in the short-term