United pilots approve two year contract extension
United pilots vote 90.94 percent to back a two year extension through January 31, 2019, paving a path to about a 22 percent wage rise by 2018. ALPA said 79 percent approved, with the deal aligning wage hikes with Delta pilots and setting terms for a separate technician contract still under review.
MENTIONED IN THIS ARTICLE
United
Continental
Gerry Laderman
Sterne Agee
CRT
Adam Hackel
Air Line Pilots Association
ALPA
Oscar Munoz
Munoz
United States
Brett Hart
Delta
RadioShack revives stores under new ownership in Fort Worth
In Fort Worth and Iowa City, RadioShack reopens under Standard General with Sprint in a store within a store model. New CEO Ron Garrigues recruits staff and rebuilds inventory while expanding online presence. Chief Marketing Officer Michael Tatelman touts a curated, community focused electronics convenience model and plans for private label products and Nick Cannon tied promotions.
MENTIONED IN THIS ARTICLE
New York
Standard General
Iowa City
Sycamore Mall
la Gran Plaza
Ashanti Harper
Asif Ali
Samsung
Ali
RadioShack
Sprint
Ron Garrigues
Garrigues
Michael Tatelman
Dell
Motorola
Tatelman
Nick Cannon
Yellen Faces Challenge Communicating Fed Outlook
The Federal Reserve, likely to hold rates steady at its upcoming meetings, faces a delicate task clarifying its outlook amid a recent global stock rout. Yellen must balance signaling patience with credibility while markets price fewer rate hikes this year.
MENTIONED IN THIS ARTICLE
Janet Yellen
Federal Reserve
Yellen
Tors
Federal
Open Market Committee
Fed
Ward McCarthy
Jefferies LLC
New York
FOMC
U.S
Robert Martin
Barclays Capital Inc
Fed Funds
Michael Hanson
Bank of America Corp
Rockwell Collins sees earnings dip as sales fall
Rockwell Collins posted first quarter fiscal 2016 net income of 135 million or 1.00 per share from continuing operations, down from 167 million or 1.26 per share a year earlier. Revenue dropped to 1.17 billion, down 5 percent, with government systems sales hurt by order timing and a supplier quality issue now resolved. The company raised its annual profit outlook to 5.45 to 5.65 per share due to a permanent research tax credit.
MENTIONED IN THIS ARTICLE
Rockwell Collins
Cedar Rapids
Kelly Ortberg
Ortberg
Also Mentioned on This Page
LABOR
United Pilots OK
Fort Worth
Rockwell
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