Spain’s decision to force lenders to meet stricter capital rules or risk state ownership will provide a boon to bankers and lawyers helping them raise funds with stock market listings and asset sales.Spanish banks may raise as much as 20 billion euros ($27.3 billion) by selling stock in initial public offerings and reducing their stakes in publicly traded companies in the next two years, according

WASHINGTON (AFP) - Apple is developing a new lines of smaller and cheaper iPhones and overhauling its software to facilitate users' access to entertainment, photos and video, The Wall Street Journal reported Sunday.The new device -- code-named "N97" -- will be about half the size of the iPhone4 and cost about half as much as Apple's main line of iPhones, the Journal said, citing a person who saw a

NEW YORK (AP) _ Google Inc. and Facebook Inc. have both held low-level talks with Twitter Inc. about purchasing the privately held social networking service, according to a report published Thursday.The talks have valued Twitter at $8 billion to $10 billion, The Wall Street Journal said, citing unnamed people familiar with the matter. The Journal said the company had 2010 revenue of $45 million bu

Virgin Atlantic Airways has the most attractive flight attendants, according to a survey of 1,000 people by the Business Travel and Meetings Show in London from Feb. 8-9. Businesstraveller.com reported on the survey results that 53 percent of respondents found the “red hotties” of Virgin Atlantic to be the most attractive. The staff members are called “red hotties” as they wear red uniforms. (YouT

NEW YORK (AP) ― Online company AOL Inc. is buying highly-trafficked website Huffington Post in a $315 million deal that represents a big bet on the future of online news.The acquisition, which will put Huffington Post co-founder Arianna Huffington in charge of all AOL content, brings AOL an additional 25 million unique visitors a day.That could help AOL begin to turn around its display advertising