Business News Archive - July 03, 2008

FORT WORTH, Texas _ AMR Corp., the parent company of American Airlines and American Eagle, could eliminate up to 6,800 jobs this year as it downsizes its fall schedule, executives said.

One of Plymouth airline Air Southwest's most regular customers has celebrated a flying milestone. Barry Clifford has notched up 150 flights on the airline - and that impressive number is still soaring.

By Swati Deshpande MUMBAI: "The larger public interest and even the safety of flights and pilots were literally thrown to the winds, on the dictates of the civil aviation minister, to protect the financial and other interests of a few wealthy airline operators." With these strong words, the Bombay high court on Tuesday stayed a recent circular issued by the Director General of Civil Aviation (DGCA) that essentially curbed crucial rest hours between flight duty for pilots and the cockpit crew.

DALLAS _ AMR Corp. will record a second-quarter charge of $1.1 billion to $1.2 billion as it writes down the value of its smallest regional jets and its aging fleet of McDonnell Douglas MD-80 aircraft.

By Saurabh Sinha NEW DELHI: Increasing fuel cost and falling passenger loads are now going to severely restrict the choice of flights between different cities you used to enjoy earlier.

By Himanshu Kaushik AHMEDABAD: Twelve dead birds and a flattened dog.

Research and Markets Laura Wood, Senior Manager press@researchandmarkets.com Fax (USA): 646-607-1907 Fax (International): +353-1-481-1716 Logo: http://www.researchandmarkets.com Research and Markets (http://www.researchandmarkets.com/research/ 59df2d/chilled_foods_a_c) has announced the addition of the "Chilled foods: A comprehensive guide; Third edition" report to their offering.

By MARTHA IRVINE of The Associated Press Like a lot of people, Nate Towne is cutting back on spending. He's carpooling to work and only shops at grocery stores that take coupons or offer discount "rewards" cards.

MESH GRILL PAN If you have trouble with food falling through the grates when you grill, a mesh grill-top fry pan should alleviate the problem.

Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator is still feeling the pain from the faltering U.S. economy.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.