BA reveals deep cuts to remain aloft
British Airways says it will ground aircraft, slash seat numbers and delay taking new A380 superjumbos as travel demand slumps.
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Finance News- Visa beats expectations with 3rd quarter profitNEW YORK (Reuters) - Visa Inc , the world's largest credit and debit card processing network, beat expectations with a quarterly profit of $716 million on Wednesday, as consumers resumed spending. […]
- Bright quarter seen for big media, but investors waryNEW YORK (Reuters) - U.S. media companies are set to report revenue increases of 5 to 15 percent as they issue earnings reports over the next two weeks -- the best the industry has looked in at least two years. […]
- Two Goldman lawsuits on Abacus placed on holdNEW YORK (Reuters) - A New York judge put two shareholder lawsuits against executives and directors of Goldman Sachs Group Inc on hold until progress is made on 16 other lawsuits related to a controversial debt transaction involving the Wall Street bank. […]
- Buffett's Dairy Queen chilly on frozen yogurt lawsuitNEW YORK (Reuters) - It's a case that has left Warren Buffett's Dairy Queen business cold. […]
- Boeing quarterly profit falls, but beats forecastCHICAGO (Reuters) - Boeing Co reported a higher-than-expected quarterly net profit on Wednesday, but the results were down from a year earlier on fewer airplane deliveries. […]
- Sprint loss widens, but subscriber numbers beatNEW YORK (Reuters) - Sprint Nextel reported a wider quarterly loss on Wednesday, but fewer monthly bill-paying customers left the company than analysts had expected, sending its shares up nearly 8 percent. […]
- Visa beats expectations with 3rd quarter profit
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