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Italians shun Alitalia despite pleas for patriotism (International Herald Tribune)
State-controlled Alitalia posts losses of about €3 million a day. No buyer has surfaced for the carrier since Prime Minister Silvio Berlusconi said during his election campaign in April that a "huge" number of buyers had answered his appeal to keep Alitalia in Italian hands.
Read more...CENTRAL NY BUSINESS NEWS (The Post-Standard)
• Experts: US share of foreign tourists slips Despite the weak U.S. dollar, a boom in international travel around the world hasn't translated into an explosion of foreign tourists to the United States.
Read more...Business bankruptcies rise 34% (The Record)
OKLAHOMA CITY - The softening economy and the collapse of the housing market caused U.S. businesses to file for bankruptcy protection at a higher annualized rate than individuals, according to data compiled from June court records.
Read more...Elizabeth Warren On The Rising Cost Of Credit Debt (NPR)
Harvard Law professor returns to Fresh Air to talk about how credit-card debt is becoming more costly due to increased fees and interest rates. Warren is a bankruptcy expert and an outspoken critic of abusive lending practices.
Read more...Italians shun Alitalia, ignore Berlusconi plea (Business Standard India)
Lorenzo Schapira tries to avoid flying Italy's near-bankrupt flagship carrier, Alitalia SpA. The planes are run-down and the service is "appalling," he says.
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