In one of the most high-profile white-collar arrests in Wall Street history, FBI agents yesterday arrested Rajat Gupta, a former Goldman Sachs board director, on insider trading charges directly linked to the Galleon Group hedge fund scandal which led last month to the sentencing of its founder Raj Rajaratnam to 11 years in prison.

American Airlines is buying at least 460 new planes over the next five years in what it calls the biggest airline order in history. And in a victory for Airbus, it's splitting the work between the European plane maker and Boeing.

The passengers sat stunned as they watched a man walk quickly towards the front of American Airlines Flight 1561 as it was descending toward San Francisco. He was screaming and then began pounding on the cockpit door.

Virgin Atlantic is set to agree an alliance within the next few months, Sir Richard Branson, the airline's owner, confirmed yesterday.

Willie Walsh accepted his first annual bonus in three years as the boss of British Airways after the airline handed him a £420,000 windfall last year.

A gang of previously unknown men are wanted by the FBI for their alleged role in the September 11 terror attacks, it has been reported.

Online travel agents, which allow passengers to compare the cost of flights on different airlines, have suffered a major legal setback, as American Airlines, one of the largest carriers in the US, was allowed to pull its business from one of the country's most popular travel websites.

Officials say a terminal at New Jersey's Newark Liberty International Airport has reopened after a computer monitor caused a precautionary shutdown.

"Don't worry, I'm the scariest thing here," jokes the guide at Salem Witch Village. This isn't saying a lot. Clad in hooded top, surf shorts and flip-flops, he looks less a teller of gory tales in a "museum" of lumpen waxworks than a man who has taken a wrong turn on his way to the beach. But at least he has made more effort with his appearance than the "exhibits" – a hangman and his rickety gallows, a medieval torture victim on a dusty rack, a dragon sitting next to the fire exit.