Airlines scrap more flights due to war and illness fears
American Airlines said it would cut about 13 percent of international flights and 2 percent of domestic flights in May amid war in Iraq and a weak economy, while Continental suspended Newark Hong Kong flights until June 2 due to a drop in US travel demand tied to SARS.
MENTIONED IN THIS ARTICLE
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American Airlines
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Continental Airlines
Hong Kong
American
Henry Joyner
Continental
Newark
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China
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United States
New York Area
Tokyo
Northwest Airlines
Stocks gain modestly on U S advance and Baghdad seizure
U S led forces entered Baghdad seizing Saddam Hussein s palace boosting investor hopes of a swift war end. Alcoa profits and overseas gains aided the rally while late selling trimmed gains. Dow rose 0 3 percent to 8300 41, Nasdaq 0 4 percent, S P 500 up 0 1 percent.
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U.S
Baghdad
New York
Standard & Poor
Iraq
Belo Corp cuts Q1 earnings outlook due to ad slump
Belo Corp revised its first quarter earnings forecast lower after weaker March advertising amid the Iraq war. The Dallas-based owner of The Dallas Morning News and 19 TV stations expects revenue to rise modestly but earnings near last year's 13 cents per share, excluding a one time gain. Shares eased 22 cents to 20.51.
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Associated Press
Belo Corp
Iraq
Belo
Dallas Morning News
Robert W. Decherd
Pulitzer Inc
Gannett Co. Inc
USA Today
Dallas Mavericks
American Airlines Center
New York Stock Exchange
Fleming Cos Seeks Fast Financing to Stabilize Supply Lines
Fleming Cos after filing for Chapter 11 bankruptcy says new debtor-in-possession financing of 150 million will stabilize supply chains for its grocery customers. Interim president Pete Willmott notes temporary delays in shipments while pipelines refill, with no major impact on meat or produce deliveries.
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Fleming Cos
Pete Willmott
Fleming
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Peodisis
Sakina
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Paxar
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InvTech
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He Associated Press
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