American Airlines to lay off over 3000 flight attendants
American Airlines plans at least 3123 furloughs for night attendants effective July 1 after labor concessions and flight cuts. About 1502 take voluntary leaves and 43 join job-sharing. Former TWA attendants, based at St Louis, face elimination from the seniority list.
MENTIONED IN THIS ARTICLE
Fort Worth
Texas
American Airlines
George Price
The
Association of Professional
TWA
American
Price
St. Louis
Atendants
Todd Burke
Ameri
Can
Burke
Home prices rise in first quarter across many markets
National data show 31 of 117 metro areas with double digit gains from a year ago while 72 markets posted above inflation increases. U.S. median existing home price climbed to 161,300 in Q1, up 7 percent, with Philadelphia and Providence posting top regional jumps and Florida’s Melbourne area close behind. The year may end with a 5.1 percent rise, still well above normal.
MENTIONED IN THIS ARTICLE
San Francisco
National Association of Realtors
NAR
Philadelphia
Providence
R.L
Florida
Melbourne-Titesville
Palm Bay
Consumers curb retail spending as jobs worry grows
Washington reports a 0.1 percent dip in April retail sales as anxious consumers trim clothing furniture and building supplies purchases. The jobless rate rose to 6 percent with economists forecasting further increases in coming months.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Richard Yamarone
Argus Research Corp
Stocks Slip After Weak Retail Report Dampens Rally
Wall Street fell as a disappointing April retail sales report boosted concerns about a sluggish recovery. The Dow dropped 31.43 to 8637.82, Nasdaq fell 1.78 to 1534.90, and S&P 500 slipped 3.02 to 939.28, while Tiffany and Computer Sciences rose on stronger results and retail names edged lower. Investors eye cautious path ahead amid mixed earnings and economic data.
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New York
Wall Street
Standard & Poor
Federated Department Stores
Macy's
Bloomingdale’s
Tiffany
Computer Sciences
Technology-Services
New York Stock Exchange
Japan
Europe
France
Britain
Germany
House backs 401(k) bill on investment advice
The House approved 271 to 157 a bill to let workers receive financial advice from the same firms that manage their 401(k) accounts. The measure, aligned with White House goals and Bush pension ideas, aims to provide real investment guidance to everyday workers while critics warned about potential fee-tainted advice from advisers.
MENTIONED IN THIS ARTICLE
Washington
House
White House
Bush
John Boehner
Ohio
Education and Workforce Committee
Senate
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