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Category — Business

Delta, Northwest won't have to give up routes in merger - Sun-Sentinel.com


All American Patriots (press release)
Delta, Northwest won't have to give up routes in merger
Sun-Sentinel.com - 2 hours ago
By John Hughes | Bloomberg News 12:25 PM EDT, April 22, 2008 Delta Air Lines Inc. and Northwest Airlines Corp. won't have to give up routes or airport gates to win US regulators' approval for a merger that would create the world's largest carrier,
Earnings Preview: Delta Air Lines loss expected CNNMoney.com
UPDATE 1-Delta, Northwest see no US antitrust hurdles Reuters
Detroit Free Press - Washington Post - DetNews.com - Wall Street Journal
all 266 news articles

April 22, 2008   No Comments

US Home Prices Tumble - Forbes


ABC News
US Home Prices Tumble
Forbes - 2 hours ago
The sky isn't falling but home prices are, and the plunge in the value of US homes combined with tighter mortgage-lending standards is making Americans even more reticent about buying.
ECONOMIC REPORT Home resales fall 2% to 4.93 million in March MarketWatch
US Economy: Sales of Existing Homes Fell in March (Update1) Bloomberg
Bizjournals.com - TheStreet.com - Reuters - Wall Street Journal
all 375 news articles

April 22, 2008   No Comments

New fuel rules will call for 31.6 mpg average - USA Today


CNNMoney.com
New fuel rules will call for 31.6 mpg average
USA Today - 2 hours ago
By Justin Hyde, Detroit Free Press WASHINGTON - Automakers would have to meet a fuel economy standard of 31.6 miles per gallon for cars and trucks by 2015, under a proposal that federal regulators are set to unveil Tuesday.
Feds: 36 mpg for cars by 2015 DetNews.com
Government to release fuel efficiency standards proposal WFLX Fox 29
WLNS - The Associated Press - The Associated Press
all 278 news articles

April 22, 2008   No Comments

Rivals Boeing, Airbus Team Up - Wall Street Journal


Citizen
Rivals Boeing, Airbus Team Up
Wall Street Journal - 2 hours ago
By ROD STONE GENEVA — Putting aside their intense rivalry for a moment, plane makers Boeing Co. and Airbus Tuesday said they would cooperate on a new initiative designed to improve the environmental performance of the air transport industry.
Boeing, Airbus Find Common Ground on Climate Change (Update1) Bloomberg
Boeing, Airbus to cooperate on universal air control systems Forbes
International Herald Tribune - AFP - Seattle Post Intelligencer - MarketWatch
all 76 news articles

April 22, 2008   No Comments

Yahoo results won't affect Microsoft offer: Ballmer - Reuters


KCBY.com 11
Yahoo results won't affect Microsoft offer: Ballmer
Reuters - 2 hours ago
By Tom Pfeiffer SKHIRAT, Morocco (Reuters) - Microsoft Corp (MSFT.O: Quote, Profile, Research) will hold firm on its $43.2 billion offer for Yahoo Inc (YHOO.
All Eyes on Yahoo Red Herring
all 337 news articles

April 22, 2008   No Comments

Earnings Push Stocks Lower - BusinessWeek


MSN Money
Earnings Push Stocks Lower
BusinessWeek - 3 hours ago
by Ben Steverman Stocks were trading lower at Tuesday as Wall Street received a wave of earnings news, including reports from AT&T (T) and McDonald's (MCD).
Stocks decline as Street examines quarterly reports The Associated Press
Blue-Chip Results Jar Stocks Forbes
International Herald Tribune - FOXBusiness - MarketWatch - CNNMoney.com
all 316 news articles

April 22, 2008   No Comments

CIT tumbles on dilutive offer, financials mixed - MarketWatch


Lessors Network (press release)
CIT tumbles on dilutive offer, financials mixed
MarketWatch - 51 minutes ago
By Greg Morcroft, MarketWatch NEW YORK (MarketWatch)– Shares of commercial leasing and financial services firm CIT Group fell more than 15% Tuesday morning after the company said it had sold $1 billion worth of common stock at a deep discount,
CIT sells $1.5 billion of stock Reuters
CIT Group Prices $1.5 Billion Stock Offering TheStreet.com
Forbes - Wall Street Journal - Bloomberg - RTT News
all 65 news articles

April 22, 2008   No Comments

Weak economy impacts Journal 1Q financials - Bizjournals.com


Business Wire (press release)
Weak economy impacts Journal 1Q financials
Bizjournals.com - 53 minutes ago
Citing a weak economy and its negative impact on advertising revenue, Journal Communications Inc. reported that its first-quarter revenue declined 6.2 percent and its earnings from continuing operations dropped 23.7 percent.
UPDATE 1-Journal Communications Q1 profit meets market view Reuters
Journal Communications March revenue drops 8.8 percent Houston Chronicle
Forbes - Washington Post - Business Wire (press release) - StreetInsider.com (subscription)
all 37 news articles

April 22, 2008   No Comments

Oil producers, consumers lock horns over prices at forum - AFP


AFP
Oil producers, consumers lock horns over prices at forum
AFP - 58 minutes ago
ROME (AFP) - The world's oil producers and consumers, gathering in Rome for the International Energy Forum this week, agreed that the market is well supplied, but held differing views of prices and the investment needed to meet long-term demand.
IEA head blames tight supplies, demand for record oil prices BusinessWeek
OPEC: Prices unlikely to fall soon United Press International
Bloomberg - CNNMoney.com - Reuters - Forbes
all 320 news articles

April 22, 2008   No Comments

SunTrust profit falls 45 percent as loan losses soar - Reuters


Lessors Network (press release)
SunTrust profit falls 45 percent as loan losses soar
Reuters - 1 hour ago
By Jonathan Stempel NEW YORK (Reuters) - SunTrust Banks Inc (STI.N: Quote, Profile, Research), a large southeastern US bank, said on Tuesday quarterly profit fell a larger-than-expected 45 percent, as it set aside 10 times more for credit losses as the
SunTrust's profit falls 45%, credit provisions rise MarketWatch
SunTrust, Fifth Third Profits Decline on Reserves for Bad Loans Bloomberg
Wall Street Journal - Reuters UK - Houston Chronicle - Atlanta Journal Constitution
all 46 news articles

April 22, 2008   No Comments