United mechanics resist pay cuts at Dulles in airline dispute
Kevin Harte, a 16 year United mechanic at Dulles, joins about 150 skilled workers opposing a 7 percent salary cut as United seeks to trim costs to win a $1.8 billion loan guarantee. The Air Transportation Stabilization Board rejected the request, citing deeper airline revenue problems and prompting a canceled vote on concessions.
MENTIONED IN THIS ARTICLE
Washington
Kevin Harte
United Airlines
Dulles International Airport
Virginia
Greenmount
Harte
United
Ics
Federal Air Transportation Stabilization Board
Dulles
Penthouse opens upscale strip club chain in Cleveland
Penthouse Magazine plans a licensed chain of luxury strip clubs nationwide. The first Penthouse Key Club opened in Cleveland with a food and drink focused, more upscale atmosphere aimed at women and couples, replacing the former Cir cus venue in the Flats. A second club is set for Dallas, with about two dozen clubs targeted over two years.
MENTIONED IN THIS ARTICLE
Cleveland
Penthouse Magazine
Penthouse Key
Dallas
Penthouse
David “Slim” Baucom
Dottie Meyer
General Media Communications Inc
Circus In
Cuyahoga River
McDonald’s appoints Cantolupo as new CEO in shift
McDonald’s CHICAGO AP reports chairman Jack Greenberg, 60, will retire at month end after 21 years. President and vice chairman Jim Cantalupo, 59, is named to succeed him as chief executive and retain top roles. The move follows seven of eight quarters with lower earnings and a slowing expansion amid a crowded market and weak stock. Greenberg said the transition allows a new management team to read.
MENTIONED IN THIS ARTICLE
Chicago
McDonald's Corp
Jack Greenberg
Greenberg
McDonald’s
Jim Cantalupo
Wall Street
McDonald's
New York Stock Exchange
Market drops as United bankruptcy threat spooks investors
New York stocks fell for a fifth straight day as weak retail sales and United Airlines risk of bankruptcy dampened profits outlook. The Dow slid 114.57 to 8623.28, down 308 points over five days, while Nasdaq and S&P 500 also declined. UAL tumbled to 1.00 after a government loan guarantee denial, prompting Dow Jones to remove it from the Transportation Average. Retailers Walmart and Gap dropped as November gains lagged, and analysts warned of earnings pressure amid Iraq war worries. Volume reached 1.23 billion shares with decliners beating advancers.
MENTIONED IN THIS ARTICLE
New York
Wall Street
United Airlines
United Airlines News
Todd Clark
Wells Fargo Securities
Cial
Dow
Standard & Poor
UAL
Dow Jones & Co
Citigroup
Wal-Mart
Iraq
Mike Kayes
Eastover Capital
Charlotte
N.C
Labor Department
Gateway
Tatel
Intel
New York Stock Exchange
ECB Cuts Rates Half Point as Dollar Edges Higher
The European Central Bank delivered a half percentage point rate cut, ending over a year of inaction. In New York, the euro traded near parity at 1.0009 dollars while the dollar held at 124.94 yen and the pound rose to 1.5711 dollars amid muted global prospects.
MENTIONED IN THIS ARTICLE
New York
Dow Jones/AP
European Central Bank
ECB
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Workers Tire of
Washington Post
Tim
Angelina Spencer
Tim Spencer
Spencer
Apenas
Weeee Uy
Verizonwireless.com
Carter
Leavin
Rd Grasbys
ATES
Eee
Ais
Varia
Nas
Ade
Middle Ae Elyria
Ohio
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