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Chrysler to Explore Ties With China’s Great Wall

SHANGHAI (Reuters) - Chrysler LLC <CBS.UL> has signed a memorandum of understanding with China's Great Wall Motor Co <2333.HK> to explore long-term business ties in various areas including distribution, components

July 4th, 2008

AirTran to Cut Wages, Salaries By 10 Pct: Report

NEW YORK (Reuters) - AirTran Holdings Inc <AAI.N> told employees it will cut salaries and wages by about 10 percent and warned that more cutbacks may be necessary as its

July 4th, 2008

Dow’s Bear Market Run Spells Trouble For Wall St.

NEW YORK (Reuters) - With the Dow sliding into a bear market on Wednesday, the dark days on Wall Street are far from over, amid record oil prices, struggling consumers

July 4th, 2008

Weather Channel Sale Could Come in 2 Days: Sources

NEW YORK (Reuters) - Landmark Communications could announce the sale of Weather Channel to a group made up of NBC Universal <GE.N>, Blackstone Group LP <BX.N> and Bain Capital in

July 4th, 2008

Airline Pilots Brace For Downsizing, Career Change

CHICAGO (Reuters) - United Airlines pilot Todd Coomans has yet to fully recover from a painful furlough five years ago that set his airline career back several years and, along

July 4th, 2008

Ex-Airbus Boss Humbert Under Formal Investigation

PARIS (Reuters) - Former Airbus Chief Executive Gustav Humbert has been placed under formal investigation as part of a probe into allegations of insider trading at European aerospace group EADS

July 4th, 2008

Lehman to Pay Employees More Stock

NEW YORK (Reuters) - Lehman Brothers Holdings Inc <LEH.N> is paying more of employees' compensation in stock this year, the company said in a memo sent to employees on Wednesday.

July 4th, 2008

Fugitive Hedge Fund Manager Israel Surrenders

NEW YORK (Reuters) - Hedge fund swindler Samuel Israel III faced a fresh charge of bail jumping on Thursday and was ordered to jail immediately, one day after his mother

July 4th, 2008

Family Dollar Quarterly Profit Rises

NEW YORK (Reuters) - Family Dollar Stores Inc <FDO.N> on Wednesday reported higher-than-expected quarterly profit as the discount retailer kept a tight control on expenses and inventory to navigate the

July 4th, 2008

M&S Warns on Profit, Says Downturn to Last Longer

LONDON (Reuters) - Marks and Spencer <MKS.L> issued a shock profit warning and said a consumer downturn was likely to be deeper and last longer than previously expected, sending its

July 4th, 2008

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