>> Delta Air Lines reported a $16 million net loss in May but said it earned $8 million excluding reorganization items compared to a $140 million loss in the year-ago month. Consolidated unit revenue rose 18.5% year-over-year to 10.77 cents. >> Delta Air...
Despite its "Employee Discounts for Everyone," forecasters said GM sales fell in August below the year-ago month, along with U.S. auto sales overall. U.S. auto sales in 2008 look to be the worst since 1993. by Jim Henry
Used-truck values may have bottomed out, according to auction firm ADESA Inc. That would be good news for automakers, which have been posting big losses on the value of off-lease trucks. It could also be a healthy sign for new-truck demand. by Jim Henry
U.S. auto sales continued at recession-type levels in October, according to edmunds.com. The only way this could be good news for the auto industry is if sales start to bottom out. by Jim Henry
U.S. auto sales in October were so bad, it was like, "someone turned out the lights," said Mark LaNeve of General Motors. GM wasn't the only one; nearly all brands fell in the month. by Jim Henry
World in brief SEOUL An actress who tried to overturn a law that criminalises adultery should be jailed for 18 months for having an affair, South Korean prosecutors said. The law was passed more than 50 years ago to protect women who had few rights in...
AEROSPACE From space travel to fuel efficiency, aerospace remains at the technological forefront. By Emma Bartley Just over 100 years ago, most people were perfectly happy getting around on trams; along came the Wright brothers, and suddenly everyone was looking up. Planes were used for military...
Q: I have recently met my ex-husband's new fiancee. They plan to marry in a few months. My ex has primary custody of our daughter, age 7. I remarried a year ago. I had a first communion party at my new in-laws' house and invited my daughter's...
AMID THE heat and humidity of the monsoon season, Hannah Foster's parents sat in a packed room at the Press Club in Delhi and pleaded with the Indian media to help track down their daughter's killer. "We come to you in desperation, seeking help ... Every parent...
Portland home prices in September dropped 8.6 percent from a year ago, according to a report released by Standard & Poor/Case- Shiller. Released Tuesday, the S&P/Case-Shiller Home Price Index measures the residential housing market and tracks changes in the value of residential real estate in 20 metropolitan...
Americans are feeling their way in the dark across a strange new landscape in these confusing times. Nothing is simple, nothing a sure thing, not even a mom and a dad or husband and wife. To wit: Three recent legal cases nobody would have seen coming 20 years ago. ...
Well, we all know the economy is in the dumper and layoffs and foreclosures abound. Sounds like the perfect time to buy a video-game console and lots of video games, doesn't it? Well, actually, that's what a lot of consumers are doing. Despite the...
Briefing SALES OF existing US homes fell more than expected last month, even though prices plunged to the lowest level in more than four years. The National Association of Realtors said that sales of existing homes fell 3.1 per cent to a seasonally adjusted annual rate...
CINCINNATI -- The shares of Dollar Tree Inc. (NASDAQ: DLTR) have added roughly 5% this afternoon, gapping higher following the company's positive earnings report. Before the open this morning, the firm boasted that its third-quarter profit climbed to $43.1 million, or 47 cents per share, compared to its year-ago profit...
MOSCOW -- Vozrozhdenie Bank VZRZ published nine months 2008 IFRS results: * Net Income: 2,525 million rubles ($100 million), up 108% * Return on Equity ROE: 25.8% above 2007 average of 21% * Earning per share: 100 rubles up from 55 over the same...
Despite a dim national economy, Oklahoma Christmas decorating companies said business is still bright. "It's been surprisingly good," said Brad Johnson, owner of Tulsa- based Lawn America. "We were concerned as anyone because this isn't a necessity." Lawn America's core business is lawn...
For only $1, a company could own a fully improved lot in Juneau's industrial park. Of course, the bargain comes with a catch. The company first must bring at least 25 jobs paying $25,000 a year or more to the city, said Devin Piehl, the agent with...
Existing home sales along the Wasatch Front fell sharply last month compared with a year ago, bucking the trend of the Western region, which overall saw a rise in sales, according to figures released Monday. The volume of homes sold decreased 16.5 percent from October 2007 to...
OAKLAND -- When it was founded 28 years ago, the purpose of the Lao Family center was relatively simple. Incoming refugees from war- torn rural Southeast Asia lacked knowledge of English, how to find work or just operate the refrigerator. Lao Family had the answers. ...
ORLANDO, Fla., Nov. 24 /PRNewswire/ -- For the second month in a row, Florida's existing home sales rose in October, with Florida RealtorsR reporting a 15 percent increase in activity in the year-to-year comparison; last month's sales of existing condos statewide increased 5 percent in the year-to-year comparison, according...
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