Newsroom Headlines

October 5, 2004 US Airways to Cut Hundreds of Management, Nonunion Jobs US Airways Group Inc. announced it plans to eliminate “hundreds” of management and nonunion jobs by the end of the month and cut

October 4, 2004 Economy Improves, But Price of Oil a Threat A rebound in construction and auto sales and continued manufacturing activity suggest economic growth bounced back to an annual rate of 4

October 1, 2004 New Chapter Set to Begin for Slimmer Air Canada A new chapter in the 67-year history of Air Canada was to begin on Thursday as the airline prepared to emerge from 18 months of

September 30, 2004 Consumption Flat, Durable Spending Sinks U.S. consumer spending was unexpectedly flat in August, government data showed today, as shoppers exercised restraint after spending even

September 29, 2004 Consumer Confidence Drops Again in September U.S. consumer confidence edged lower again in September after falling in August, as worries about the job market weighed on confidence

September 28 Outlook Dims for Asbestos Reform in Senate The outlook dimmed for establishing a fund to compensate asbestos victims this year after the Senate majority leader on Monday left it off a

September 27, 2004 Bankruptcy Judge Rules Against United on Pension Info. A federal bankruptcy judge ruled against United Airlines on Friday in a procedural dispute, siding with unions who said the

September 24, 2004 Interstate Bakeries Gets OK for Interim Funding Bankrupt Interstate Bakeries Corp. received court approval yesterday for financing that will allow it to keep paying employees and

September 23, 2004 Fannie Mae Used Improper Accounting Regulators have discovered serious accounting problems at mortgage giant Fannie Mae, prompting an SEC inquiry and calling into question its

September 22 Fed Raises Rates as Expected to 1.75 Percent The Federal Reserve today raised interest rates for the third time this year by a quarter of a percentage point and said the economy was