Top Business News Story | » make abc27 News your home page
Airline BA to cut capacity, delay new planes
LONDON - British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.
» full story
» your comments
» your comments
» Today's Top Searches
Breaking News sent to your phone! Sign up for abc27 News alerts.
More Business News Headlines
HealthSouth Corp. is accusing fired chief executive Richard Scrushy of hiding money in offshore bank accounts and transferring assets out of his name to avoid paying court judgments.
» more
Her fellow job seekers offer knowing groans as Diane Castro recalls the day she was laid off: The fear of being summoned to the front office. The phones in nearby cubicles going off like grenades. Finally, a ring at her desk
» more
Mining company Teck Resources Ltd. says it is selling a 17 percent stake to China Investment Corp. for 1.74 billion Canadian dollars ($1.5 billion) in a bid to reduce its debt load
» more
European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data. Wall Street's closure for the Independence Day holiday kept trading volumes exceptionally light
» more
- Oil hovers above $66 after weak jobs data
- Oil hovers above $66 in Asia after weak jobs data
- World markets slide on grim US jobs report
- Asian stocks fall as US jobs report douses hope
- Asian markets retreat on gloomy US jobs report
- GM awaits judge's ruling on sale plan
- Feds seize Madoff penthouse, wife leaves
- Jobless data sends stocks reeling; Dow loses 223
- Obama: More work needed to create new jobs
- FDIC seeks more investor interest in failed banks
- Factory orders rise more than expected in May
- Exelon raises hostile bid for NRG to $8 billion
- Stocks fall as June job losses exceed estimates
- Johnson & Johnson pays $1B for Elan stake
- Stock futures lower after jobs report
- Initial and continuing jobless claims fall
- 467K jobs cut in June; jobless rate at 9.5 percent
- Exelon raises bid for NRG Energy to $8 billion
- ECB keeps interest rate at 1 pct
- World stocks down ahead of key US jobs data
- Euro zone unemployment hits 10-Year high in May
- Oil slips to $68 a barrel ahead of US jobs report
- World stocks lackluster as traders eye US job data
- As deficit grows, Calif. prepares to issue IOUs
- Asia stocks up amid caution ahead of US job report
- Manhattan apartment prices skid 13 to 19 percent
- GM urges quick approval of sale plan
- June jobless rate seen rising to 9.6 percent
- Some optimism for US auto market with June sales
- 'Endless' supply of music in Jackson's vaults
- Manufacturing data boosts hopes of recession end
- US auto sales declines show signs of stability
- Stocks advance after mixed data; Jobs report looms
- US auto sales declines show signs of leveling off
- Gov't foreclosure help will reach more homeowners
- Ford sales slip 10.7 pct; Chrysler drops 42 pct
- Gov't seeks to crack down on get-rich-quick scams
- Ford US sales drop 10.7 percent in June
- Gov't won't fund GM after July 10, official says
- SEC approves rule on pay disclosure for TARP firms
- Construction spending falls more than expected
- Pending home sales up 4th straight month in May
- Manufacturing index shrinks less than expected
- Stocks advance after mixed economic data
- Freddie Mac receives additional $6.1B from gov't
- Stock market starts 3Q on high note
- Manufacturing helps world markets start Q3 higher
- Dow Chemical to close 3 Louisiana plants
- Oil rises above $71 as US crude inventories drop
- Constellation Brands 1Q profit drops 85 percent
- Citigroup sells NikkoCiti Trust to Nomura Trust
- US stocks look to start 3Q on high note
- General Mills 4th-quarter profit almost doubles
- Asia markets mixed as data points to slow recovery
- Sony struggling as Walkman hits 30th anniversary
- Oil rises to near $71 as US crude inventories drop
- Asian markets mixed as data suggests long slog
- Asian markets gain on positive Chinese data
- Oil rises above $70 as US crude inventories drop
- General Motors' sale hearing set to continue
- GM's CEO grilled at court over "New" company
- Madoff behind bars, but probe grinds forward
- Strong quarter ends cautiously as earnings loom
- Consumer confidence falls in June
- Stocks down on dip in consumer confidence
- Apple CEO Steve Jobs back at work few days a week
- Rising oil, commodity prices pull stocks higher
- Bernard Madoff gets maximum 150 years in prison
- High court won't block remote storage DVR systems
- Stocks mixed ahead of week's key data
