The move is the latest in a series of cost-cutting efforts by Time Warner President and CEO Jeff Bewkes since he took over as chief executive.

The social networking site says it will soon enable users to quickly share profile data with other sites, including Yahoo and eBay.

American Airlines, Delta Air Lines and United Airlines say the increase is needed due to higher fuel costs.

The House has passed legislation designed to stop pennies and nickels from costing more than they are worth, a move that supporters say would save taxpayers 100 million dollars a year.

The number of newly laid-off workers seeking unemployment benefits posted a bigger-than-expected decline last week.