Kelly: Southwest CEO Slams &#39;Anticompetitive&#39; Law
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About-face: Southwest Airlines (nyse: LUV - news - people ) Chief Executive Gary Kelly did a 180-degree turn Friday. The carrier&#39;s policy toward a federal law limiting its service from Dallas had been, well, the absence of policy: Official neutrality.
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Herb Kelleher, one of the Southwestâs founders, will step down in May. A replacement has not yet been named.
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Harry Stonecipher, Boeing&#39;s chief executive, yesterday accused European rival Airbus of undercutting the price of his company&#39;s planes through illegal government subsidy in an escalation of the growing trade war between the US and EU.
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The chief US financial regulator has hit back at critics of &quot;over-regulation&quot; and accused many US bosses of failing to provide &quot;ethical&quot; leadership for their companies.
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DALLAS The chief executive of Southwest Airlines says the carrier will expand service at Chicago Midway Airport -- where it competes with ATA Airlines.
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Speaking yesterday, AMD EVP Tom McCoy said that he believes the US Government has been lax in its antitrust enforcement in recent months. As an example, McCoy re-ignited an old quarrel with Intel - part of its federal antitrust complaint that hasn't been addressed recently, especially in the midst of allegations against Intel's conduct in Germany.
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Departing CEO cites differences with Chairman Barry Lam over contract manufacturer's stratgeic direction.
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The company seeks to overturn a penalty imposed for lack of antitrust compliance.
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By Benjamin J. Romano, The Seattle Times  Jun. 18--Just as a major episode in Microsoft's antitrust saga was  winding down, a complaint from its biggest rival threatens to push the  company's competitive practices back into the spotlight.
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President Bush expressed displeasure with a government strategy that would have given plaintiffs' lawyers more leeway to sue over corporate fraud, administration officials said yesterday.
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he leader of a rebel pilot group at US Airways accused the company of demanding too many sacrifices from its employees, saying that the airline&#39;s request for $295 million in annual wage and benefit cuts had &quot;gone from need to greed.
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Southwest Airlines plans to step up operations at Chicago Midway Airport due to the bankruptcy of low-cost rival ATA Airlines and may also bid on some of the troubled carrier&#39;s assets, said the Southwest Chief Executive Gary
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LAS VEGAS--Sticking out like a sore thumb, Brian Roberts, CEO of the nation&#39;s largest cable company, Comcast, on Monday asked a room full of phone industry skeptics to join him in the fight against bad government regulations.
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Irish budget airline Ryanair's dawn raid on rival Aer Lingus this week has prompted a flurry of political finger-pointing, with the government under fire for its decision to privatize the carrier.
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Southwest Airlines Co., the leading U.S. budget carrier, said on Monday it raised fares by as much as $10 each way, a move that triggered matching fare hikes by major rivals.
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A new Bush administration plan to create national standards for driver's licenses drew heavy criticism yesterday from civil liberties groups, some Republican and Democratic lawmakers, governors, and the travel industry.
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Southwest Airlines Co., the leading U.S. discount carrier, said on Monday it raised fares by up to $10 each way, sparking ticket increases by other carriers.