COMPANIES

Major US airlines announced Tuesday they would limit available seats to reduce the airlines' costs while driving up ticket prices. Airline stocks went up following the announcement.

The Falcon is on the slide, in terms of overall sales since last year, according to Ford Australia but the carmaker remains optimistic that the setbacks it incurred in the local market during the past few quarters would be reversed by the entry of its newly-overhauled flagship sedan.

Australian retailer Myer is spending $9 million on a new website aimed at making the store the country's largest online department store. Myer targets to generate up to $40 million in annual sales from the new portal.

More than 3000 Qantas staff plan to stop work on Monday September 20. The planned industrial action is to take place in the morning peak period in most airports around Australia, which will last four hours.

Facebook is postponing its initial public offering (IPO) planned in October or November and will go public late next year instead.

To avoid disruption to passenger travel during the planned Sept. 20 strike by about 3,800 union employees, Qantas will use larger aircraft and redeploy staff.

A massive chemical factory is currently burning on Dacre Street in Canberra's central business district. The fire hit Mitchell, an industrial suburb 5 kilometres north of Canberra, but is close to residential homes.

Paypal will further innovate their services by integrating new features, including easy access to PayPal anytime, anywhere.

Apple is reportedly planning an upgrade to its MacBook Pro notebooks with a marginal speed bump in time for the holiday season.

Police in London arrested Thursday a UBS trader suspected of making unauthorized trading the previous day that caused Switzerland's largest bank to lose nearly $2 billion.

Sleek, stylish and modern are some of the words apt to describe the new Windows 8 courtesy of Bill Gates’ Microsoft.

The Transport Workers Union has blamed Qantas management for its members’ decision to take industrial action next week.

Beijing municipal government will implement a policy requiring all companies to establish a labor union not only to attract new investments, but also to help labor workers receive higher wages.

The European Court of Justice in Luxembourg has ruled that Lufthansa pilots can fly a plane until the age of 65 after finding the airline's age restriction for such workers as constituting discrimination.

The billions of dollars in Facebook founder Mark Zuckerberg's bank account must have inspired so many young technology geeks in the U.S. that they are following the footsteps the Internet mogul took when he was in university.

Employees of Toyota Motor Corporation in Australia went on strike on Friday.

Target.com's Website crashed on Tuesday morning following intense cyber interest created by its sale of Missoni items, an Italian fashion brand known for zigzag knits and bright patterns.

Microsoft has expressed optimism on Wednesday that despite the worldwide slide on sales of personal computers, Windows will remain relevant in the tech world that has largely been transformed by mobile computing.

Minecraft 1.8, the latest adventure update to the hugely popular sandbox building indie video game written in Java by Swedish creator Markus "Notch" Persson, is now officially live.

Qantas workers belonging to the Transport Workers Union will strike on Sept. 20 for four hours. The job walk-off is over enterprise negotiations, particularly a 5 per cent pay increase and clauses that would limit the use of contract labour.

In a press conference, Sony Corp said it is set to kick off the global rollout of its new PlayStation Vita on Dec. 17 in Japan. NTT Docomo, Japan's biggest mobile carrier, will provide prepaid 3G plans for PS Vita users. Although criticized for setting a high price, Sony said in August there was no need to cut the price of the PS Vita from the announced figure of 24,980 yen ($325) for a Wi-fi only model and 29,980 yen ($390) for a 3G plus Wi-fi version.

Australians are feeling the negative effects of natural disaster s and calamities on the national economy.

Australian gamers will have a reason to celebrate this season as Microsoft announced that it has slashed the price on its Xbox 360 and Kinect bundles by AU$50 in time for the Christmas season.

Sony announced that it will launch its next generation handheld device, the PlayStation Vita on December 17 in Japan but insisted that it will not reduce the price of the device despite its rival Nintendo slashing the price of its console.

Buggy or not, due to popular demand, we're giving a quick guide on how to install Minecraft 1.8:

Coca-Cola Amatil has expressed plans to launch a legal action against the upcoming Northern Territory recycling initiative that would provide a $0.10 incentive for every plastic bottle returned to a beverage manufacturer.

On the eve of the Federal Government's October Tax Forum, new research from MYOB has found more than two thirds of Aussie business owners (71%) want the Business Activity Statement (BAS) simplified and three quarters (76%) want to have the GST rules reviewed and clarified; while over one third (33%) said that addressing these concerns would impact their voting intentions.

Microsoft gave developers a taste of its new OS at the company's Build conference on Tuesday in California when Steven Sinofsky, president of Microsoft's Windows team, offered a full preview of its upcoming Windows 8.

Indicating the difficult times Australian businesses are going through, insolvencies in the country rose 12.1 per cent in the June quarter, according to the latest survey by credit agency Dun & Bradstreet.