Delta to Sell Regional Carriers Possibility Reported
Delta Air Lines is in talks with Sky West to sell one or two feeder carriers Comair and Atlantic Southeast Airlines as it seeks profitability after last year’s $5 billion loss. Sky West CFO Bradford Rich said discussions are in early stages with no commitment.
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Profit-taking Drives Market Lower As Oil Tops 55
Stocks edged down on Tuesday amid oil prices topping 55 a barrel and a weak earnings update from Texas Instruments. The Dow fell 24.24 to 10,912.62 while the S&P 500 slipped 5.88 to 1,219.43 and the Nasdaq dropped 16.66 to 2,073.55 as tech shares wavered on softened TI forecasts.
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McDonald’s launches global healthy living campaign
McDonald’s Corp introduces a worldwide campaign shifting focus from fries to fruit with TV ads new packaging and an updated website. Ronald McDonald videos teach kids healthy eating and activity while stars Venus and Serena Williams Wayne Gretzky and Bonnie Blair appear in spots. CEO Jim Skinner refrains from naming costs amid obesity criticism and lawsuits.
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