IPO Reporter

ROUND ROCK, Texas (Reuters) - Dell Inc plans to cut more jobs than the 8,800 it had targeted as it seeks to reduce expenses by at least $3 billion annually by 2011, Chief Executive Michael Dell said on Thursday.
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NEW YORK (Reuters) - The U.S. Court of Appeals for the Second Circuit tossed out an $800 billion lawsuit against big tobacco on Thursday by decertifying a class of smokers who said they were deceived into believing "light" cigarettes were healthier.
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WASHINGTON (Reuters) - Federal Aviation Administration (FAA) oversight of Southwest Airlines Co maintenance was so cozy the agency allowed the carrier to violate safety rules repeatedly for years, a government watchdog said on Thursday.
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NEW YORK (Reuters) - News Corp's MySpace, the world's largest social network Web site, has formed a joint venture with three major music companies called MySpace Music, it said on Thursday, in a challenge to Apple Inc's dominant iTunes Music store.
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NEW YORK (Reuters) - The service sector contracted for a third straight month in March while the number of workers applying for jobless benefits soared last week to a 2-1/2-year high, reinforcing fears the economy has stalled.
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NEW YORK (Reuters) - ATA Airlines Inc said on Thursday it filed for Chapter 11 bankruptcy and discontinued all operations after the cancellation of a key military charter agreement.
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NEW YORK (Reuters) - Merrill Lynch & Co Inc plans to cut 10 to 15 percent of its employees who are not brokers in May, CNBC reported Thursday.
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TAKE A LOOK-India communists withdraw support for government

The communist parties that have provided the Indian government with a parliamentary majority for four years have said they are withdrawing their support to protest a civilian nuclear deal with the ...
TeliaSonera sees deal next week with Latvia

Research ) expects Latvia to agree next week to allow the company to win full ownership of the county's main mobile operator LMT, a company official said on Wednesday.