Agency loses track
of domain names

The nonprofit agency in charge of the Internet's addresses recently lost track of its own.

The Internet Corp. for Assigned Names and Numbers, or ICANN, said it happened when an Internet registration company it oversees got fooled into transferring the domain names to someone else.

The attack was quickly noticed, and ICANN's domain names were restored within 20 minutes. However, because many Internet directories retain information for a day or two, visitors could have been redirected to an unauthorized site for longer.

ICANN said Thursday that new, unspecified security measures should prevent such attacks in the future.
American Airlines
to cut more workers

Many more job cuts, probably more than 6,000, are likely at American Airlines as the nation's biggest airline hunkers down and tries to survive record fuel costs.

American notified its flight attendants union on Wednesday that it will cut up to 900 jobs starting Aug. 31, but that appears to be the tip of the iceberg.

Although American has not given a total figure, the airline says it expects to shed 8 percent of its work force. With about 85,500 workers, including those at sister airline American Eagle, that would represent more than 6,800 jobs.

Airlines are raising fares and special fees to raise cash. Late Wednesday, United boosted the fuel surcharge on U.S. travel by $20, it is now up to $170 per round trip. American and Continental matched the increase on Thursday.

Myers Industries
to increase prices

Myers Industries Inc. of Akron says it has again raised prices across its business segments to ''mitigate the unprecedented rise in raw material and energy costs.'' The company said the latest round of price increases will take effect in mid-July, depending on the business unit.

The company blamed spikes in oil and natural gas prices.

''The price increases we implemented in the first and second quarters were simply not enough to offset the magnitude and timing of the costs we are facing,'' said President and Chief Executive John C. Orr.

RPM cash dividend
at 19 cents a share

RPM International Inc. of Medina declared a regular quarterly cash dividend of 19 cents a share, payable July 31 to stockholders of record July 14. The company said the payment is an 8.6 percent increase over a year ago.

European bank
raises interest rate

The European Central Bank raised its benchmark interest rate by a quarter percentage point to 4.25 percent to rein in escalating inflation in the 15-nation euro zone.
GM bankruptcy fears
ease, analyst says

An auto analyst with JPMorgan says General Motors Corp. is not in danger of an imminent bankruptcy, but will need to raise about $10 billion to weather the downturn in U.S. auto sales.

Analyst Himanshu Patel said in a conference call that fears of a GM bankruptcy have been overblown.
Judge turns aside
Viacom's legal bid

Viacom Inc., the New York media company suing Google Inc.'s YouTube unit for $1 billion, lost a legal bid to review its rival's computer search code.

Viacom, owner of MTV Networks and Comedy Central, sued YouTube last year, accusing the online video-sharing company of allowing users to post clips from Viacom shows including South Park and The Colbert Report without permission.

U.S. District Judge Louis Stanton in New York turned aside Viacom's bid to review the computer source code that controls YouTube's and Google's search functions to determine if it can distinguish between infringing and non-infringing videos.