Business News Archive - March 01, 2009

HAIFA, Israel, March 1 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (Nasdaq: ESLT) today announced that, effective April 7, 2009, Adi Dar will become General Manager of Elbit Systems Electro-Optics Elop Ltd. ("Elop").

Southeast Asian nations along with Australia and New Zealand have concluded a landmark free-trade agreement in Thailand, participants say.


Billionaire US investor Warren Buffett says he himself is to blame for his company, Berkshire Hathaway Inc, having its worst year ever in 2008.

Hearst Corp. says its U.S. newspapers will hold back some printed content from their free Web sites as online advertising slows sharply industrywide. Just how much print newspaper content Hearst will keep off its free Web sites has yet to be determined, The Wall Street Journal reported Sunday.

HOUSTON, March 1 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: CAL) announced travel options for customers whose flight plans may be affected by severe winter weather conditions forecast for the Northeast through Tuesday. Weather conditions are expected to make air travel difficult, forcing some delays and cancellations of flights at airports in the region.

ORLANDO, Fla., March 1 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc., (NYSE: AAI), advises passengers that due to severe winter weather forecasted for the northeast part of the country, some flight operations may be affected through Monday, March 2, 2009. Passengers holding reservations for travel scheduled March 1 through 12:00 pm EST March 2, 2009, on AirTran Airways to, from or through Boston, Mass., White Plains (Westchester) and New York (LaGuardia), N.Y., Newark, N.J., Portland, Maine, Washington, DC (Reagan National, Dulles and Baltimore-Washington Airports), Newport News/Williamsburg and Richmond, Va., and Philadelphia, Pa., may make a change without penalty as long as changes are made up to five days following the date of the original scheduled departure date, based on space availability without change fees or fare adjustments.

Harvard University's time as a high-flying investor in exotic financial instruments now has it struggling to maintain its endowment, U.S. analysts say. Harvard's $36.9 billion endowment, the world's largest, was managed aggressively during the U.S.

ATLANTA, March 1 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL) today announced travel options for customers whose flight plans may be affected by severe winter weather across the U.S.

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