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UK court rules Apple abused App Store dominance
UK court rules Apple abused App Store dominance
Business and Economy
by  AFP

Apple lost a UK lawsuit Thursday which accuses the US tech giant of abusing the dominant position of its App Store, with claimants seeking more than £1.5 billion ($2 billion) in damages. At the heart of the claimants' case was that Apple used the App Store to exclude competitors, forcing users to use its system and boosting profits in the process.

American Airlines reports smaller loss, sees travel demand improving
American Airlines reports smaller loss, sees travel demand improving
Business and Economy
by  AFP

American Airlines reported a smaller than expected loss Thursday, pointing to robust travel demand from wealthier customers that has offset weakness among lower-income consumers. The big US carrier reported a loss of $114 million in the third quarter, smaller than the $149 million loss in the year-ago period and also better than analyst forecasts.