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03 2009

British Airways cuts capacity, delays A380 order

Tag: Markets, General @ 1:58 pm

British Airways on Friday reported further declines in passenger traffic in June as consumers continued to shun business-class travel in particular, and said it will further reduce capacity and defer the delivery of 12 Airbus 380s on order to try to reduce the impact of the crisis on its bottom line.



03 2009

China takes minority stake in Canadian miner

Tag: Markets, General @ 1:58 pm

State-run China Investment Corp. reaches deal to buy a 17% stake in the Canadian miner Teck Resources for $1.5 billion.



03 2009

GM gets offer for Opel unit from Beijing Auto

Tag: Markets, General @ 10:54 am

General Motors on Friday that it’s received a proposal from China’s Beijing Automotive for its European Adam Opel unit.



03 2009

NewsWatch: Bleak earnings season shines light on outlooks

Tag: Markets, General @ 10:53 am

U.S. stock analysts generally agree the upcoming second-quarter earnings season will be bleak. But they’re at odds over whether dreary outlooks will lead to upsets to the upside or whether the market has set itself up for a fall.



03 2009

Realty Q&A: Using homestead laws to protect you from creditors

Tag: Markets, General @ 7:53 am

A friend of mine asked me about homesteading as a way to keep credit-card companies and other creditors from placing liens against someone’s home.



03 2009

Currencies: Dollar edges higher in thin trade ahead of holiday

Tag: Markets, General @ 7:52 am

Dollar edges higher against its major counterparts Friday.



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