Newsroom Headlines

December 2, 2002 Holiday Sales in the U.S. Get Off to a Strong Start After months of muted sales projections and weeks of frantic pre-Thanksgiving discounts, the weekend's holiday sales came in better

December 13, 2002 Rising Incomes Keep Economy Afloat Yesterday's report that retail sales were stronger than expected last month underscores a core element of strength in the current rocky state of

December 12, 2002 Retail Sales Rise 0.4 Percent in November U.S. consumers started the holiday shopping season in a jollier mood than Wall Street expected, as November retail sales rose on strong

December 6, 2002 UNITED AIRLINES United Airlines Lurches Toward Bankruptcy United Airlines' credit rating was slashed to 'default' grade and its stock fell by two-thirds on Thursday as near-certain

December 11, 2002 Federal Reserve Keeps Interest Rates Steady The U.S. Federal Reserve kept interest rates at four-decade lows as expected on Tuesday, saving its ammunition in the hope that the

December 10, 2002 UNITED AIRLINES UAL DIP Loan Sets Strict Earnings, Cost-cutting Targets The strict covenants that four banks have attached to $1.5 billion in debtor-in-possession financing for UAL

December 9, 2002 UAL Files for Bankruptcy Protection But Vows to Keep Flying United Airlines' parent UAL Corp. filed for protection from its creditors today, becoming the largest U.S. airline to do so

December 16, 2002 Sensenbrenner To Make Another Bankruptcy Reform Try House Judiciary Chairman Sensenbrenner (R-Wis.) intends to 'take another shot' at comprehensive bankruptcy reform in the 108th

December 17, 2002 Retailers Bank on Last-minute Sales Major U.S. retailers reported another week of lackluster sales on Monday, driving them to discount everything from popular compact discs to

December 20, 2002 Bush Signs Bill Extending Farmers' Bankruptcy Protection President Bush yesterday signed legislation giving farmers who file for bankruptcy an extra six months of special protection