The two pilots for Delta Air Lines Inc.’s Northwest unit who had their licenses suspended after accidentally flying past Minneapolis in October can reapply to fly Aug. 29, the Federal Aviation Administration said today.

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Pilots Who Flew Past Minneapolis Can Apply to Fly Again

American International Group Inc., the bailed-out insurer, cut retention bonuses to be delivered to former employees today by about $21 million to meet a target imposed by U.S. paymaster Kenneth Feinberg, said a person briefed on the company’s plans.

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AIG Said to Cut Bonuses by $21 Million to Hit Target (Update1)

Senator Christopher Dodd unveiled legislation that empowers regulators to break up large financial firms, ban proprietary trading, and oversee hedge funds and derivatives, aiming to enact the most sweeping rules overhaul since the 1930s.

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Dodd Bill Empowers Regulators to Limit Size of Financial Firms

President Barack Obama pushed congressional Democrats to vote for an overhaul of the U.S. medical system as he focused on the plight of Americans without health insurance in a visit to Ohio.

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Obama Highlights Uninsured in Push for Health Bill (Update3)

Dolby Laboratories Inc., aiming to entice more movie theaters to use its 3-D video technology, cut the price of its 3-D glasses to $17 from $27.50.

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Dolby Cuts Price of 3-D Glasses to $17 From $27.50 (Update2)

Brenntag Holding GmbH, the German chemicals distributor owned by private-equity firm BC Partners Ltd., started an initial public offering that may raise as much as 837 million euros ($1.15 billion).

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Brenntag Starts $1.15 Billion Initial Public Offering (Update2)

News Corp. will earn $350 million to $400 million from James Cameron’s “Avatar” once the world’s top-grossing film is also released on pay television and DVD, said two people with knowledge of its financial performance.

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Murdoch Spreads Risk, Nets $400 Million From ‘Avatar’ (Update2)

Bank of America Corp. and JPMorgan Chase & Co. led five of the six biggest U.S. credit-card issuers in reporting that late payments fell or held steady in February, signaling a retreat from record industry losses.

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BofA Leads in Late-Card Improvement

PepsiCo Inc., the world’s biggest maker of snack food, said it plans to buy back as much as $15 billion in common stock over three years and increased its annual dividend to return cash to investors.

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PepsiCo Plans $15 Billion Buyback, Boosts Dividend (Update1)

PepsiCo Inc., the world’s biggest maker of snack food, said it plans to buy back as much as $15 billion in common stock over three years and increased its annual dividend to return cash to investors.

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PepsiCo Plans $15 Billion Buyback, Boosts Dividend (Update1)

Target-date funds did better than balanced mutual funds in retirement plans and continue to attract investments, Morningstar, the Chicago-based equity- market researcher, said today.

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Target-Date Funds Outperform Peers, Morningstar Says (Update2)

Target-date funds did better than balanced mutual funds in retirement plans and continue to attract investments, Morningstar, the Chicago-based equity- market researcher, said today.

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Target-Date Funds Outperform Peers, Morningstar Says (Update2)

DynCorp International Inc. may get a chance to win two U.S. Army contracts for $1.6 billion to train Afghan police.

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DynCorp May Get Chance to Win $1.6 Billion Training Contracts

DynCorp International Inc. may get a chance to win two U.S. Army contracts for $1.6 billion to train Afghan police.

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DynCorp May Get Chance to Win $1.6 Billion Training Contracts

Renault SA and Daimler AG have been unable to resolve differences over valuations as the carmakers explore a share swap that would bring Daimler into the Renault- Nissan alliance, two people familiar with the matter.

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Renault, Daimler Talks Said to Stumble on Valuation (Update1)