UAL shares fall sharply on the news. The company, which blames the loss mostly on rising fuel costs, says it will eliminate 1,100 jobs and reduce flight schedules.
Skyrocketing fuel costs have plunged U.S. airlines into a sea of red ink -- and travelers can expect higher air fares and fewer flights from which to choose as a result.
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Data: Apr 23, 2008 Accesari: 0 Voturi: 0
A tentative agreement would transfer St. Francis Hospital & Health Center and other assets to a group of investors affiliated with a for-profit company, according to a memo sent to the hospital employees and board members.
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Data: Apr 23, 2008 Accesari: 0 Voturi: 0
Though Chicago fared better, home sales in Illinois were down nearly 30 percent in March as prices slipped statewide, according to the Illinois Association of Realtors.
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Data: Apr 23, 2008 Accesari: 0 Voturi: 0
United Airlines parent company says it lost $542 million in the first quarter as soaring fuel expenses wiped out any chance for a profit. It was UAL Corp.'s largest loss since before its three-year bankruptcy restructuring that ended in 2006.
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Data: Apr 23, 2008 Accesari: 0 Voturi: 0
McDonald's Corp., shaking off a late-quarter loss of momentum in its U.S. restaurants, reported first-quarter earnings Tuesday that significantly exceeded Wall Street expectations.
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Data: Apr 23, 2008 Accesari: 0 Voturi: 0
Note-holders voted Friday in favour of a proposal to restructure about $32 billion in Canada's frozen asset-backed commercial paper market.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
The price of a barrel of oil surged on Friday, amid production disruptions in Nigeria and military tensions in the Persian Gulf.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Canada's specialty channels and various pay television services had another year of strong growth in 2007, the CRTC said Friday.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
The latest look at U.S. consumer confidence has shown a distinct decline, with record gasoline prices, falling home values, rising inflation and higher unemployment combining to produce the most pessimistic consumer in a quarter of a century.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Travellers flying with Air Canada are going to have to fork over a little more to bring a second suitcase, the airline announced Friday.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Continental’s decision to remain an independent carrier was a blow to lengthy efforts by United to find a merger partner.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Americans are finding creative ways to cut costs on routine items, forcing retailers to decode the tastes of a suddenly thrifty public.
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Robert E. Rubin mainly serves as Citigroup’s consigliere, but some still fault him for losses in the credit crisis.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Since the iPhone’s debut, the contours of the smartphone market have shifted rapidly toward consumers.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
How did all of the mechanisms operated by the mind-bogglingly well-paid men and women of the Street go so wrong?
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
A Santa Ana man seeks guidance after making a bad investment in sub-prime bonds.
At 64, Gary Bowne's retirement is so close he can almost touch it.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
The recent phenomenon has been greeted by some with jeers, but agents say it's an opportunity for prospective buyers.
THE BURLY, young marketer in the crisp white shirt rose to speak, and 20 seated passengers leaned forward to catch his every word.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
A measure before Congress would help states monitor the credentials of people who claim to be senior or retirement specialists.
Every year, Karen Liebig attempts to steer thousands of seniors away from investment fraud. And, yet, every year the numbers get a bit more grim.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Outsourcing firms increasingly offer counseling to help employees deal with health and even relationship troubles.
After two years working nights at a U.S. company's computer call center, Vamsi knew it was time to quit when his 6-year-old son brought home a school portrait he'd drawn of his father, asleep in bed.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
It's a buyers' market in a getaway area east of L.A. Areas such as Lake Arrowhead are rebounding from 2007 wildfires.
The Lake Arrowhead area is having a fire sale of sorts.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Soaring feed costs may lead pig, cattle farmers to reduce herds; meat prices certain to rise
The cheap price of pork is a bounty for consumers fatigued by inflation, but it's wreaking havoc with hog producers. The cattle business is suffering, too, since beef prices also are failing to match rising expenses.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
What a difference six weeks makes. Right before the last Federal Reserve meeting, investors were worried about the global banking system imploding. Now, investors are betting the credit markets are on the mend and Wall Street is looking forward to an economic recovery.
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Data: Apr 28, 2008 Accesari: 0 Voturi: 0
Today's payment can help secure your future
By Gail MarksJarvis
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Q: I do not like the performance of my Macy's Inc. stock. What gives? -- F.L., via the Internet
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United Feature Syndicate
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Canadian auto sales should hit the second-highest level on record this year as lower vehicle prices spur sales, Scotia Economics said Wednesday.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
Canadians didn't spend as much in the U.S. during the first three months of the year as they did in the previous quarter, Statistics Canada said Wednesday.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
Pump prices are at another record high in Canada, with a litre of gasoline surging to an average of more than $1.32, according to the latest national survey.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
The Bank of Nova Scotia said credit losses and weaker capital markets make it unlikely it will reach its target for earnings growth this year.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
After rewriting the rulebook at the Federal Reserve, Ben S. Bernanke appears to have quieted many of his critics.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
Orders to U.S. factories for big-ticket manufactured goods fell by a smaller-than-anticipated amount in April, with many sectors outside of transportation showing strength.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
Stocks opened higher then lost ground after a government report showed orders for big ticket items declined less than expected last month.
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Talks between United and US Airways appear to have fallen apart, the second time in a month that United failed to reach a deal with a rival airline.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
The chemical giant, which supplies a broad swath of industries, from agriculture to health care, said that it would raise its prices by up to 20 percent to offset the soaring cost of energy.
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Data: May 28, 2008 Accesari: 0 Voturi: 0
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Data: May 28, 2008 Accesari: 0 Voturi: 0