United unveils plan as board weighs bankruptcy blueprint
United Airlines faces a tight lipped briefing from CEO Glenn Tilton as directors review a disputed new business plan amid bankruptcy. The plan centers on creating a discount carrier, drawing fire from pilots and flight attendants who warn of partial liquidation and mass job cuts as unions pledge to challenge the strategy.
MENTIONED IN THIS ARTICLE
Chicago
United Airlines
Glenn Tilton
United
Joe Hopkins
Sara Dela Cruz
Radio ownership talk stirs Senate over consolidation debate
Senate Commerce Committee hears sessions on the Telecommunications Act of 1996 as Clear Channel chief Lowry Mays defends the company’s 1200 stations amid calls to curb consolidation. Critics argue fewer owners raise ad rates and curb diversity, while case in San Diego prompts questions of law intent.
MENTIONED IN THIS ARTICLE
Washington
Don Henley
Capitol Hill
Henley
The
Eagles
Senate Commerce, Science and Transportation Committee
Bush
Federal Communications Commission
Michael Powell
Russ Feingold
D-Wis
Clear Channel
United States
Lowry Mays
John McCain
R-Ariz
Mays
McCain
San Diego
Mexico
Senate Commerce Committee
Disappointing GDP Report Triggers Large Market Slide
Investors drove stocks lower after the Commerce Department reported a 0.7 percent annual GDP growth in Q4 2002, below forecasts of 0.9 percent. The Dow fell about 165 points, with broader indices also retreating as war with Iraq loomed and flagging economic recovery persisted.
MENTIONED IN THIS ARTICLE
New York
Iraq
David Sowerby
Loomis, Sayles & Co
Detroit
Commerce Department
Coca-Cola to cut 1000 jobs in North American consolidation
Coca-Cola will lay off 1000 employees across Coca-Cola North America Coca-Cola Fountain Minute Maid Odwalla and Danone Waters. Half the cuts occur in Atlanta with completion by end of March. CEO Doug Daft says the move simplifies operations sharpens focus and boosts competitiveness. In prior years the firm trimmed thousands of jobs.
MENTIONED IN THIS ARTICLE
Coca-Cola
Atlanta
Coca- Cola Co
Coca-Cola North America
Coca-Cola Fountain
Minute Maid Co
Odwalla
Danone Waters
Coke
Doug Daft
Closing Stock Prices Snapshot
Closing stock prices and daily changes shown for multiple equities. Data includes ticker style numbers, opening and closing values, daily highs and lows, and volumes for the listed entries.
Stockyards report on eastern Cornbelt hog market and prices
Eastern Cornbelt carcass price ranges are listed by inch buyout quality with 0.5 to 0.9 inch fat, Illinois direct hog purchases totaled 18 957. Negotiated trends show steady demand for light to moderate offerings with price bands across weight classes from 300 to 600 pounds and above. Boar prices vary by weight, with under 300 pounds 17.00 to 21.00 and over 300 pounds 4.00 to 6.00.
Grain futures rally lifts soybeans and grains on CBOT
Soybean futures led a broad advance on the Chicago Board of Trade as March soybeans rose to 5.68 a bushel and March corn and wheat advanced. Wheat gained to 3.14 a shel and oats climbed to 2.02 a bushel, while March corn reached 2.37 a bushel.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
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Senate
SVBI
Alcoa Inc
Kroger
Qualcomm
Ameren
Lee Ent
Ryerson Tull
Apple
Lowes
Sears
Conag Applied Materials
CVS Corp
May Dept. Stores
Solutia
Archer
Devon
Maytag
Southern Co
Dillard's McDonald
Southwest
Avaya Financial
Metlife
Sun Micro
AXA
Dollar General
Baker Hughes
DuPont
Microsoft
Super Valu
Bemis
Mips Technologies
Union Planters
Eateries
Nbty Inc
Unova
Birm. Steel
US Bancorp
Bob Evans
First Data Corp
Occi. Petrol
USG
O'Charley's
Boeing Ford Motor Co
Old Nat. Banc
Verizon
BP Amoco
Gen Dyn
Olin
Wachovia
Brunswick
Harley Davison
Walgreens
CAT
P-Com
Wal-Mart
Harrah's
Pepsi
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Intel
Pepsi Americas
Wendys
CBRL
Integra
Worldcom
Pharmacia
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JC Penn
HomeCo
NYSE
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IBM
At&t Rs J
Jpmorgch
ATT Wels
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Kohls
Agere Kraft
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Lucent
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AutoZone
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BankOne
Mirant
Bk of Am
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Motorola
Baxter
Mylans
BellSouth
NewellRule
BestBuys
Boeing
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BrMySq
CVS Cp
Penney
Calpine
PepsiCo
Capone Rh
Pfizer
Cendant
Proctg
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CireCity S
ReliantRs
Citigrp
ClearChan
RylCarb RoylDut
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SAP AG
CwnCork Scherg PI
Schimb
Delphi
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Disney
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Selectra
Spratfon
DukeEgg
Spratpcs
EMC Cp
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Elan
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Texinst
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Viual
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UPS
Sap
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Gillette
WalMart
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Goldmans
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WisCos
Xerox
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Illinois
Williamson County
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If You! Airlines
American Eagle
Amema
American Connection
Aa.com
American Airlines
AmericanConnection
American Airlines, Inc
American
Denatm Chatauqua Airlines, Inc
Corporate Airlines, Inc
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