Airlines seek Southwest lessons for recovery in Fort Worth
Fort Worth Texas AP reports U S major airlines aim to emulate Southwest's lean model after a industry downturn. American and Delta cut staff and planes, overhaul hubs, and test lower fares to match low-cost rivals while United and US Airways plan Chapter 11-driven restructurings to regain profitability and market share.
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Fort Worth.texas
Inmnistry Onirie Inssec
American Tasted
Delta
Eltimnat
West Airlines
American
Southwest
Fort Worth
Daniel P Garten
Dela
United
JetBlue
AirTran
Frontier
Ten Anitin
CS Airways
Arhanssee A
Seth Rest
Unisys
US Airways
US Air
Garton
Shoppers eye big bargains amid holiday discount blitz
Shoppers hunt for the best prices as retailers push deep discounts to boost holiday sales. Sears offers 70 percent off most items from 7 to 10 am on Saturday, while K B Toys trims 10 to 30 percent. Consumers report strong crowds but wary about job security, and retailers fear second wave of earnings impact. Local shoppers cite diamond jewelry discounts and cheaper electronics as key draws, with many wishing for even lower prices this season.
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K-B Toys
Iam
Leon Fenhaus
Empire Mail
Sioux Falls
Ronda Golden
Yukon
Okla
Golden
Penn Square
Oklahoma City
Slow spending weighs on the US economy heading into 2003
New York based economists warn a lackluster 2003 recovery as the war in Iraq and terrorism risk dimming business confidence. They forecast 3 percent growth in 2003, with potential for a double dip if conflicts persist, while consumer spending remains the engine and capital spending stays weak amid corporate scandals and job losses.
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Arag
Sung Won Sohn
Wells Fargo & Co
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Washington
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Nomura Securities International
Resler
Richard Berner
Morgan Stanley
Berner
Europe
America
Wall Street faces crackdown after sweeping brokerage reform
Regulators announced a 1.4 billion dollar settlement with major brokerages ending investigations into late 1990s misconduct. The deal imposes new walls between research and investment banking, bans biased ratings and spinning of hot IPOs, and seeks to curb conflicts of interest that fueled the bull market era.
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Wall Street
New York
Eliot Spitzer
Securities and Exchange Commission
SEC
Teen Heeaeiee
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