JetBlue may leave NYC headquarters

The newspaper reported Saturday that the discount airline wants incentives to remain in its Queens corporate headquarters after its lease expires in 2012.

Most needy Madoff victims to get payout

The New York Daily News reported Saturday that beguiled investors could get the payout if they are able to prove they're unable to pay their bills.

LaHood: States on track for rail funds

The San Francisco Chronicle reported Saturday that this month he will convene a high-speed rail summit in Washington to review high-speed rail proposals and discuss White House plans to disburse $13 billion in federal aid for rail projects.

AT&T buys some Verizon territories

Verizon's move along with Vodafone Group PLC to purchase Alltel Corp. for $28.1 billion this year included a requirement from U.S. officials that it divest itself of 2.1 million wireless phone subscribers and radio spectrum in 22 states, The Wall Street Journal reported.

Berkshire Hathaway posts $1.5B loss

Berkshire Hathaway Inc.'s poor results were down from a $940 million profit it posted in the first quarter of 2008 and was mainly due to Buffett's stock holdings in financial firms and weakness in his retailing and manufacturing properties, which are the sectors most sensitive to the broad U.S. economic downturn, The Wall Street Journal reported Saturday.

Ill. biotech closes after FDA rejection

Northfield Laboratories Inc., of Evanston, Ill., said Friday it is virtually ending its operations, saying it had terminated the employment of substantially all of its operational and staff employees, The Chicago Tribune reported.

Grace, execs, acquitted in asbestos trial

The defendants were charged with knowingly contaminating Libby, Mont., with asbestos and then conspiring to cover it up. Following a three-month trial, the federal jury in Missoula deliberated less than two days before deciding the company was not guilty, The New York Times reported Friday.

Wash. state bank seized by regulators

Westsound Bank of Bremerton, Wash., was taken over Friday by the Washington Department of Financial Institutions, which claimed the bank had severe asset problems, significant losses and inadequate capital, mostly as a result of soured real estate loans, The Seattle Times reported.

White House seeking $60B for healthcare

Unnamed administration sources told Saturday's Wall Street Journal the new measures would be imposed over a 10-year period to plug an unexpected funding gap in the White House's proposed healthcare overhaul, which relies on medical care cost savings and tax hits to the wealthy.

Ill. biotech closes after FDA rejection

Northfield Laboratories Inc., of Evanston, Ill., said Friday it is virtually ending its operations, saying it had terminated the employment of substantially all of its operational and staff employees, The Chicago Tribune reported.