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Business News Archive - August 10, 2008

By The Associated Press WASHINGTON (AP) - Pilots are complaining that their airline bosses, desperate to cut costs, are forcing them to fly uncomfortably low on fuel. Safety for passengers and crews could be compromised, they say.

By Simon Evans Consumers are tightening their belts and an industry is contracting When celebrity eaterie The Ivy has tables avail- able at very short notice and tea at The Ritz can be reserved just one week ahead, you know things are getting tough out there.

The Canadian National Railway said it will pursue legal action against the Surface Transportation Board so that it can complete a $300 million deal with U.S. Steel Corp. to buy a 200-mile section of the Elgin, Joliet & Eastern Railway Co. in suburban Chicago.

Ampco-Pittsburgh Corp., Downtown, reported quarterly earnings of $11.6 million, or $1.14 a share, a 14 percent increase from less than $10.2 million, or $1.01 a share, the year earlier. Sales increased 16 percent to almost $103 million.

Message Board As the finishing touches were put to the Olympics in Beijing, readers leapt both to defend and to condemn the host country, at ios.typepad.com Neil McGowan I am not going to be "flexible" on human rights merely to suit some vicious communist toerag who has a penchant for throwing the javelin.

John Abberley Recalls a unique railway as he backtracks to the days of single line working "IT'S a grand little railway but it starts from nowhere and finishes up in th' same place!" The comment is attributed to a local farmer after the opening of the Leek and Manifold Valley Light Railway in 1904.

Two unions representing 65,000 workers at Verizon Communications Inc. have set a Sunday night deadline for contract talks, saying a strike is possible next week.

By The Associated Press MADISON, Wis. (AP) - Democratic Gov. Jim Doyle said Friday that his support for exploring nuclear power is in line with the position of presidential candidate Barack Obama and not a reversal from his previous stance.

By EMMA PEARCY Teignmouth has at long last got its own petrol station. The new Tesco Express store and filling station, in Bitton Park Road, was officially opened by Teignmouth dignitaries.

By Mark Leftly ::: Holyrood in talks with sovereign wealth funds to build offshore network to transmit wind, wave and tidal energy to the UK The Scottish government is in talks with two Middle Eastern sovereign wealth funds to provide the cash for a 4.8bn offshore energy grid, to be built off the east coast of the UK.

Word of the Day
ecotone
  • A transitional zone between two communities containing the characteristic species of each.
The word 'ecotone' comes 'eco-' plus a Greek root meaning 'tension'.