The nation's airlines expect to lose a combined $10 billion this year due to record-high oil prices. The only exception is Southwest Airlines. How has the Dallas-based carrier been able to buck the skyrocketing fuel costs, industry layoffs and drastic

The launch of Apple Inc.'s much-anticipated new iPhone turned into an information-technology meltdown on Friday, as customers were unable to get their phones working.

High gas prices could turn out to be a lifesaver for some drivers. Theauthors of a new study say gas prices are causing driving declines thatcould result in a third fewer auto deaths annually, with the mostdramatic drop likely to

Five cities across the U.S. are testing a new national 911 system that would allow communications with police and other emergency personnel by text message and take advantage of the latest technology to pinpoint accident scenes. Call centers in Rochester,

IndyMac Bank's assets were seized by federal regulators on Friday aftersuccumbing to the pressures of tighter credit, tumbling home prices andrising foreclosures. The bank is the largest regulated thrift to fail and the second largest financial institution to close in

Just when you thought the mortgage crisis couldn't get worse, news has arrived that two mortgage giants look like they could be in danger of going under. As CBS 2's Anne State reports, local economists say if that happens, we're

Credit card companies know what you've bought. Phone companies know whom you've called. Electronic toll services know where you've gone. Internet search companies know what you've sought. It might be reassuring, then, that companies have largely pledged to safeguard these

Verizon Wireless has agreed to a $21 million payout to settle lawsuits alleging that the wireless carriers' early termination fees were too high and unfair to consumers. While Verizon has not admitted any wrongdoing in the case, the multi-million dollar