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Latest Business News Archives for March 29, 2008

Filing: Countrywide CEO to get $10M
Mar 29 2008 5:06PM (CT)
LOS ANGELES (AP) - Countrywide Financial Corp.'s chief executive and president will receive a combined $19 million in stock next week as part of the company's pending takeover by Bank of America Corp., according to a regulatory filing.
 
Washington, Wall St. tangle on oversight
Mar 29 2008 12:23PM (CT)
NEW YORK (AP) - One of the casualties of the ongoing credit crisis is a long-held notion on Wall Street _ that the investment banking community can take care of its own problems.
 
Washington, Wall St. tangle on oversight
Mar 29 2008 12:23PM (CT)
NEW YORK (AP) - One of the casualties of the ongoing credit crisis is a long-held notion on Wall Street _ that the investment banking community can take care of its own problems.
 
Troubles at Heathrow's new Terminal 5
Mar 29 2008 5:35AM (CT)
LONDON (AP) - Looks great, doesn't work very well. That was the verdict on Heathrow Airport's new Terminal 5 building early Friday, as embarrassed British Airways officials said flight cancellations may extend into Saturday.
 
Troubles at Heathrow's new Terminal 5
Mar 29 2008 5:35AM (CT)
LONDON (AP) - Looks great, doesn't work very well. That was the verdict on Heathrow Airport's new Terminal 5 building early Friday, as embarrassed British Airways officials said flight cancellations may extend into Saturday.
 
Troubles at Heathrow's new Terminal 5
Mar 29 2008 5:35AM (CT)
LONDON (AP) - Looks great, doesn't work very well. That was the verdict on Heathrow Airport's new Terminal 5 building early Friday, as embarrassed British Airways officials said flight cancellations may extend into Saturday.
 
Troubles at Heathrow's new Terminal 5
Mar 29 2008 5:35AM (CT)
LONDON (AP) - Looks great, doesn't work very well. That was the verdict on Heathrow Airport's new Terminal 5 building early Friday, as embarrassed British Airways officials said flight cancellations may extend into Saturday.
 
Judge rules for IAC in Liberty dispute
Mar 29 2008 2:12AM (CT)
NEW YORK (AP) - A Delaware judge ruled Friday in favor of IAC Chief Executive Barry Diller in a dispute with Liberty Media Corp. that could help to determine the fate of the company.
 
Northwest restarts Delta merger talks
Mar 29 2008 1:50AM (CT)
MINNEAPOLIS (AP) - Northwest Airlines Corp. has proposed to Delta that the airlines move ahead with their combination without a prearranged deal with pilots, a person with direct knowledge of the situation said on Friday.
 
J.C. Penney slashes 1Q profit forecast
Mar 29 2008 1:44AM (CT)
PLANO, Texas (AP) - J.C. Penney, whose stores help anchor hundreds of malls across the country, delivered fresh evidence Friday that the economy is faltering in the face of higher gasoline prices and lower consumer confidence.
 
Airlines lighten up to cut fuel costs
Mar 29 2008 1:43AM (CT)
PHOENIX (AP) - Your ginger-ale doesn't come in a glass anymore on most US Airways flights. On Delta you'll find yourself in a thinner, lighter seat. If you fly JetBlue cross-country, you'll get a dainty bag of 100-calorie crisps in place of the original snack box of cookies, crackers and spreadable cheese.
 
Airlines lighten up to cut fuel costs
Mar 29 2008 1:43AM (CT)
PHOENIX (AP) - Your ginger-ale doesn't come in a glass anymore on most US Airways flights. On Delta you'll find yourself in a thinner, lighter seat. If you fly JetBlue cross-country, you'll get a dainty bag of 100-calorie crisps in place of the original snack box of cookies, crackers and spreadable cheese.
 
Weak economy slows cargo, idles railcars
Mar 29 2008 1:42AM (CT)
CRAIG, Mont. (AP) - BNSF Railway Co., the nation's top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn't enough freight to keep them rolling.
 
Weak economy slows cargo, idles railcars
Mar 29 2008 1:42AM (CT)
CRAIG, Mont. (AP) - BNSF Railway Co., the nation's top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn't enough freight to keep them rolling.
 
Weak economy slows cargo, idles railcars
Mar 29 2008 1:42AM (CT)
CRAIG, Mont. (AP) - BNSF Railway Co., the nation's top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn't enough freight to keep them rolling.
 
Weak economy slows cargo, idles railcars
Mar 29 2008 1:42AM (CT)
CRAIG, Mont. (AP) - BNSF Railway Co., the nation's top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn't enough freight to keep them rolling.
 
UAW membership drops below 500,000
Mar 29 2008 1:32AM (CT)
WASHINGTON (AP) - United Auto Workers union membership has fallen below 500,000 for the first time since World War II, reflecting the massive restructuring undertaken by Detroit's automakers.
 
   

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