Reuters - Bankrupt Delta Air Lines plans to slash flights on many routes where its Song unit competes with JetBlue Airways Corp. , news that boosted JetBlue shares by over 6 percent on Friday.

Reuters - Senate Democrats on Tuesday asked the Bush administration to explain how it can slash Middle East oil imports by 75 percent by 2025 when the government's top energy forecaster predicts that won't happen.

Reuters - GM Chairman and Chief Executive Rick Wagoner said on Friday that a negotiated settlement of bankrupt Delphi Corp. and its union over the auto supplier's restructuring was "not guaranteed."

AFP - France Telecom reported that net profit last year had surged by 89.2 percent to 5.7 billion euros (6.79 billion dollars) but also warned that it would slash 17,000 jobs in the next three years.

AFP - France Telecom has reported net profit last year had surged by 89.2 percent to 5.7 billion euros (6.79 billion dollars) but also warned that it would slash 17,000 jobs in the next three years.

AFP - India's state-run telecom firms are slashing long-distance call rates to one rupee (two cents) a minute in a bid to boost usage and fend off competition from next month, a statement said.

AP - Renault SA's CEO Carlos Ghosn said Thursday he plans to introduce new luxury car models, slash costs and raise sales volumes by almost one-third within four years — pledging to repeat some of the tricks behind his textbook turnaround of Nissan Motor Co.

AFP - Six gay penguins at a German zoo are still refusing to mate with females of the species flown in from Sweden in 2005, the zoo said.

AP - General Motors Corp., which says a return to profitability will require sacrifices from all involved, announced plans on Tuesday to rein in white-collar pension and health care expenses, slash the dividend and trim executive salaries — moves some analysts say suggest it might seek benefit cuts from union workers.

Reuters - General Motors Corp.'s decision to slash top executives' salaries by up to 50 percent will undoubtedly save the struggling automaker money, but it is unclear whether the executives will see similar reductions in their total compensation for 2006.

Reuters - President George W. Bush took a swipe at Big Bird and his ilk Monday as he proposed slashing funds to public broadcasting by more than $150 million.