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Stocks flat...American, US Airways pilots approve joint contract...NLRB sides with casino workers



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NEW YORK (AP) — Stocks are little changed in afternoon trading on Wall Street. Investors are looking over the latest crop of corporate earnings and well as new government data showing a slowdown in U.S. economic growth. Chevron was the biggest decliner in the Dow after reporting a 30 percent decline in fourth-quarter profit.

DALLAS (AP) — Pilots at American Airlines and US Airways have approved a single labor contract. That's a step toward combining workforces at the two carriers, which merged in December 2013. The multiyear deal gives the 15,000 pilots a 23 percent pay raise retroactive to Dec. 2. The pilots' union says the contract was approved 66 percent to 34 percent, with 95 percent of eligible pilots casting a vote.

ATLANTIC CITY, N.J. (AP) — The National Labor Relations Board is siding with the casino workers' union in a federal court battle over health care and pension benefits for employees of Atlantic City's Trump Taj Mahal casino. The NLRB has filed a brief in support of an appeal by Local 54 of the Unite-HERE union, which is trying to overturn a bankruptcy court ruling that canceled health insurance and pension coverage for the casino's workers. Carl Icahn, who is acquiring the casino, says the benefit cuts are essential to keeping it open.

LAS VEGAS (AP) — A record 41.1 million visitors descended on Las Vegas last year. The Las Vegas Convention and Visitors Authority says that's up 3.7 percent from the year before and the most volume Las Vegas has ever seen in one year. The agency says there were 3.1 million visitors in December alone.

WASHINGTON (AP) — A federal appeals court agrees that many of the advertising claims for POM Wonderful juice were deceptive. The U.S. Court of Appeals for the District of Columbia Circuit today upheld a conclusion reached by the Federal Trade Commission. The FTC found that many of POM's ads made misleading or false claims that the pomegranate-based products curbed the risk of heart disease, prostate cancer and erectile dysfunction.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

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