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United Airlines would be willing to cut more capacity to get profitable, but does not believe it will need to do so, the chief financial officer of parent UAL Corp. said on Tuesday.
Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again, hurtling the Dow Jones industrials down nearly 680 points.
These longtime CAPS leaders have shown steady hands on the rudder.
The Breakers, like many businesses, has trimmed staff this year to cut costs as the economy continues its downward slide. But the upscale resort also is looking for new ways to make money.
NEW YORK (AP) — Wall Street finished higher Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
Stocks end short session with gain NEW YORK — Wall Street wrapped up its biggest five-day rally in more than 75 years Friday, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
CHICAGO (AP) _ The holiday shopping season got off to a surprisingly solid start, according to data released Saturday by a research firm.
Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
CHICAGO (AP) _ The nation's retailers got a much-needed sales boost during Black Friday's traditional shopathon as consumers, lured by deep discounts, spent nearly 3 percent more than they did last year.
NEW YORK - Wall Street climbed again yesterday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.
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