DETROIT/LONDON, Dec. 2, 2008 (Reuters) — The auto industry was hammered again on Tuesday as U.S. monthly sales plunged nearly 37 percent to the lowest level since 1982 and the slump spread to Europe and Asia, forcing automakers to slash production. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — Former AOL Chief Executive Jonathan Miller is seeking as much as $30 billion from investors to buy all or part of Yahoo Inc, The Wall Street Journal reported on Tuesday, boosting shares of the Web search engine by 7 percent. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — Tiffany & Co offered voluntary retirement incentives to about 800 U.S. employees, as the upscale jeweler grapples with an economic downturn that has led its affluent customers to cut spending. ... > full story
CHICAGO, Dec. 2, 2008 (Reuters) — U.S. credit card write-offs will continue to increase in 2009, tracking roughly with the rising unemployment rate, the top executive at Discover Financial Services said on Tuesday. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — Shares of Yahoo Inc rose more than 8 percent to $11.67 on Tuesday as the Wall Street Journal reported that former AOL chief executive Jonathan Miller was trying to raise money to buy a portion or all of the Internet media company. ... > full story
CHICAGO, Dec. 2, 2008 (Reuters) — Delta Air Lines , which bought a rival carrier, downsized and cut 2,000 jobs this year, said on Tuesday it would trim 6 percent to 8 percent of its capacity in 2009 as travel demand wanes. ... > full story
NEW YORK, Dec. 2, 2008 (Reuters) — Maurice "Hank" Greenberg, the former chief executive of American International Group Inc , is seeking more information from the company on its agreement with the U.S. government over assets that have cost the giant insurer dearly. ... > full story
CHICAGO, Dec. 2, 2008 (Reuters) — Delta Air Lines will cut its systemwide capacity by 6 percent to 8 percent in 2009 because of weaker travel demand, the world's largest carrier said on Tuesday. ... > full story
LONDON, Dec. 2, 2008 (Reuters) — British Airways is in merger talks with Australia's Qantas , it said on Tuesday, adding to various attempts at consolidation in an industry desperate to cut costs in the global economic downturn. ... > full story
Copyright Reuters 2008. See Restrictions for more details.
Delta Cuts Flights, Possibly Employees Dec. 2, 2008 (WSB-AM 750, Atlanta) — The worldwide recession is forcing cutbacks at the airlines, including Delta. . . WSB's Bob Coxe reports that means fewer flights, and maybe fewer ...
Delta Air Lines to cut capacity by 6-8 pc in 2009 Dec. 2, 2008 (Economic Times, India) — Delta Air Lines, the new number-one US airline, said Tuesday it would reduce capacity by six to eight percent next year to cope with the global ...
Delta Air to Reduce Capacity By 6 to 8 Percent Dec. 2, 2008 (CNBC) — Delta Air Lines says it will reduce consolidated system capacity by 6 percent to 8 percent in 2009, compared to the current year.. The ...
Delta To Reduce Capacity In 2009 Dec. 2, 2008 (CBS 46 Atlanta (WGCL)) — Delta Air Lines will have fewer seats available next year.. . Delta said Tuesday that it will reduce its overall capacity by 6 percent to 8 percent ...
Subscribe
Print
Email
Bookmark
