Trustee opposes $20M payout to American Air CEO
Joshua Freed, Associated Press |
posted May 24th - 5:36pm
The Justice Department is objecting to a proposed $20 million severance payment for American Airlines CEO Tom Horton, saying it's bigger than allowed by bankruptcy law.
Summary Box: Stocks little changed, end week down
The Associated Press |
posted May 24th - 3:52pm
WEEKLY LOSS: Major stock indexes ended the week lower for the first time since the week ending April 19. A disappointing manufacturing report out of China and a sharp fall in Japan's stock market rattled investors' nerves this week. But anxiety over the Federal Reserve's bond-buying program was the main culprit.
Metals and agricultural futures prices slip
The Associated Press |
posted May 24th - 3:28pm
Metals prices ended slightly lower Friday, as did agricultural futures.
US Treasury bond market at a glance
The Associated Press |
posted May 24th - 3:25pm
How the Dow Jones industrial average fared Friday
The Associated Press |
posted May 24th - 3:20pm
Major stock indexes closed out their first weekly loss in a month in quiet trading Friday.
Delta ups the ante in battle for NY travel market
Scott Mayerowitz, Associated Press |
posted May 24th - 2:38pm
Delta's formula for winning over New York travelers is simple: floor-to-ceiling windows, abundant power outlets and a burger joint with a cult-like following.
Figures on government spending and debt
Associated Press |
posted May 24th - 2:24pm
Investors shift focus to growth stocks
Steve Rothwell, Associated Press |
posted May 24th - 2:13pm
Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again.
Oil ends week down 2 pct on tepid demand outlook
The Associated Press |
posted May 24th - 2:03pm
The price of oil fell 2 percent this week, as oil traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program.
Government, creditors object in CODA bankruptcy
Randall Chase, Associated Press |
posted May 24th - 1:57pm
Attorneys for the federal government and unsecured creditors have filed objections to electric car maker CODA Holdings' bankruptcy plans.
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