Tree-planting to offset carbon emissions: no cure-all

A few euros, a couple of mouse clicks and a tree is planted—as air travel is increasingly becoming a source of guilt, consumers and companies are looking for other ways to ease their conscience and reduce their carbon footprint.

Australia telecom giant Telstra to axe 8,000 jobs

Australia's dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs—a quarter of its workforce—as part of a drastic new strategy to cope with an increasingly competitive industry.

Samsung steps up push into autonomous driving technology

Samsung Electronics Co. said Thursday it will invest 75 million euro ($89 million) in TTTech, a Vienna, Austria-based company that makes autonomous driving technologies and safety controls for Audi cars and others, stepping ...

United Technologies sells Goodrich pump business

(AP)—United Technologies Corp. says it has completed the sale of a pump and engine control systems business owned previously by airline parts maker Goodrich Corp.

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