Airline baggage fees on international flightsSeptember 30th, 2009 Airline baggage fees on international flightsThe big U.S. airlines are charging baggage fees on some international flights, generally coach tickets between Europe and the U.S.
Continental Airlines adds $50 fee for second checked bag for some on international flightsAugust 27th, 2009 Continental adds bag fee on international flightsHOUSTON — Continental Airlines Inc. said Wednesday it will charge some coach passengers on international flights $50 to check a second bag, joining several other carriers in imposing the fee.
AirTran, Continental swapping slots; Deal comes amid new markets served by SouthwestAugust 11th, 2009 AirTran, Continental swapping slots at 3 airportsATLANTA — Discount carrier AirTran Airways plans to stop flying to and from Newark, N.J., and will give its takeoff and landing slots there to Continental Airlines in exchange for Continental slots at airports in Washington and New York, where AirTran faces increased competition from Southwest Airlines, officials said. An AirTran executive told employees in a memo Tuesday obtained by The Associated Press that the carrier's decision to cease operations effective Oct.
German car parts company Schaeffler wants to save €50 million at Schweinfurt plantJuly 28th, 2009 Schaeffler's Schweinfurt plant to save €50 millionFRANKFURT — German car parts and ball bearing company Schaeffler KG said Tuesday it aims to save €50 million ($71 million) in personnel costs at its Schweinfurt plant, but guaranteed jobs at the facility until at least the end of June 2010. The Herzogenaurach-based company said in a statement it had agreed with workers' representatives to a deal that will achieve the savings through means including attrition and the continuation of shorter hours programs.
German car parts company Schaeffler wants to save euro50 million at Schweinfurt plantJuly 28th, 2009 Schaeffler's Schweinfurt plant to save euro50 millionFRANKFURT — German car parts and ball bearing company Schaeffler KG said Tuesday it aims to save euro50 million ($71 million) in personnel costs at its Schweinfurt plant, but guaranteed jobs at the facility until at least the end of June 2010. The Herzogenaurach-based company said in a statement it had agreed with workers' representatives to a deal that will achieve the savings through means including attrition and the continuation of shorter hours programs.
Feds charge 41 in Fla. mortgage fraud schemes involving $40 million in 6 different casesJuly 28th, 2009 Feds charge 41 in Fla. mortgage fraud schemesMIAMI — Federal prosecutors say 41 people have been charged in the latest round of South Florida mortgage fraud schemes.
Playboy expects larger 2nd-quarter charge for Manhattan office closingJuly 22nd, 2009 Playboy expects bigger 2Q chargeNEW YORK — Adult entertainment company Playboy Enterprises Inc. said Tuesday it expects to take a bigger restructuring charge in the second quarter than it previously estimated.
RealNetworks anticipates second quarter sales below Wall Street's predictionJuly 22nd, 2009 RealNetworks issues outlook on 2nd quarter salesSEATTLE — Digital entertainment company RealNetworks Inc. said Wednesday it expects to report second quarter sales between $134 million and $136 million.
Continental Airlines posts 2Q loss as business travel remains softJuly 21st, 2009 Continental Airlines posts 2Q lossDALLAS — Continental Airlines Inc. said Tuesday it will cut 1,700 jobs and raise fees for checking luggage after it posted a large loss for the second quarter amid falling traffic.
Allegheny expects $17 million charge in 2nd quarterJuly 9th, 2009 Allegheny expects $17 million 2Q chargePITTSBURGH — Titanium producer Allegheny Technologies Inc. said Thursday it expects to take a charge of $17 million in the second quarter related to a pension trust contribution and costs from the retirement of $183.3 million of notes.
FedEx expects to take $1.2B in fiscal 4th-qtr charges related to acquisitions, employee costsJune 3rd, 2009 FedEx expects to take $1.2B in fiscal 4Q chargesNEW YORK — FedEx says it will book a total of $1.2 billion in charges in its fiscal fourth quarter as writedowns on the value of two acquisitions ended up being bigger than originally anticipated. The Memphis, Tenn.-based package delivery company said Wednesday it will take a noncash charge of about $900 million related to the 2004 purchase of Kinko's, now known as FedEx Office.
DuPont to cut 2,000 positions, expects 2nd-qtr charges up to $390 millionMay 9th, 2009 DuPont to lay off 2,000 workersNEW YORK — DuPont will cut 2,000 jobs as the chemical company wrestles with falling sales. The Wilmington, Del.-based company said Thursday it would take a charge of between $340 million and $390 million in the second quarter, about 40 percent of it non-cash.
Continental Airlines posts first-quarter loss but less than analysts expectedApril 22nd, 2009 Continental Airlines posts 1Q lossDALLAS — Continental Airlines Inc. said Wednesday it lost $136 million in the first quarter as traffic fell and business travelers saved money by moving from first-class to the coach cabin.
Continental posts loss, AirTran turns a profit in first quarter despite travel slumpApril 22nd, 2009 Continental posts loss, AirTran makes profit in 1QDALLAS — Continental Airlines Inc. posted a smaller loss than expected and AirTran reported a profit as falling fuel prices helped offset a sharp downturn in travel during the first quarter.
Call tariffs to fall as regulator cuts termination chargesMarch 10th, 2009 NEW DELHI - In a move that will bring down the call charges further, India's telecom watchdog Monday reduced local termination charges by 33 percent to 20 paise. 'Termination charge for all types of domestic calls -- landline to landline, landline to mobile, mobile to landline and mobile-to-mobile -- has been reduced to 20 paise per minute from 30 paise per minute,' the Telecom Regulatory Authority of India (TRAI) said in a statement.
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