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American Airlines aims to cut 13,000 jobs

February 2, 2012 • BusinessComments Off

An American Airlines ground crew work an aircraft before departure at Dallas-Fort Worth International airport in Grapevine, Texas, Wednesday, Feb. 1, 2012. American Airline corporate leadership is having closed door meetings with union representatives about the future of jobs and the pension for workers. (AP Photo/LM Otero) DALLAS (AP) — The parent of...

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Meager Sierra snow worries CA officials, farmers

February 2, 2012 • BusinessComments Off

Frank Gehrke, chief of snow surveys for the Department of Water Resources, walks across a snow covered meadow as he conducts the snow survey near Echo Summit Calif., Wednesday, Feb. 1, 2012. Despite recent storms the survey showed the snow pack to to only...

Romney supports automatic hikes in minimum wage

February 2, 2012 • BusinessComments Off

Republican presidential candidate, former Massachusetts Gov. Mitt Romney, left, talks to reporters on his campaign plane en route from Tampa, Fla. to Minnesota and Nevada, Wednesday, Feb. 1, 2012. (AP Photo/Gerald Herbert) EAGAN, Minn. (AP) — Republican...

Small radiation amount ‘could have’ escaped plant

February 2, 2012 • BusinessComments Off

FILE – In this March 1, 2010 file photo, the San Onofre nuclear power plant, seen here in north San Diego County, Calif. Operators of the nuclear power plant worked to diagnose a problem with a reactor that was shut down because of a possible leak, but...

Status update: Facebook to go public, raise $5B

February 2, 2012 • BusinessComments Off

This Dec. 13, 2011 file photo, shows of worker inside Facebook headquarters in Menlo Park, Calif. Facebook, the social network that changed “friend” from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market....

Zuckerberg describes ‘The Hacker Way’ at Facebook

February 2, 2012 • BusinessComments Off

FILE – In this Nov. 16, 2010 file photo, Facebook CEO Mark Zuckerberg smiles as he speaks at the Web 2.0 Summit in San Francisco. Facebook, the social network that changed “friend” from a noun to a verb, is expected to file as early as...

Asian stocks mostly higher on strong China data

February 1, 2012 • BusinessComments Off

A currency trader walks through the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, Jan. 30, 2012. Asian stock markets fell Monday, with slower-than-expected growth in the U.S. and uncertainty about a...

Ecuador announces $1.7 billion oil investment

February 1, 2012 • BusinessComments Off

Accompanied by Ecuador’s energy minister Wilson Pastor, left, Ecuador’s President Rafael Correa gestures during a signing agreements ceremony in Quito, Ecuador, Tuesday, Jan. 31, 2012. Pastor said U.S. and Argentine companies are investing nearly...

Brazil prez: Blogger’s travel for Cuba to decide

February 1, 2012 • BusinessComments Off

A member of Brazilian President Dilma Rousseff’s delegation works with tape before a wreath laying ceremony at the Jose Marti monument in Havana, Cuba, Tuesday Jan. 31, 2012. Rousseff is in Cuba for a visit emphasizing economic cooperation. Behind is a...

Cincinnati casino work to resume after collapse

February 1, 2012 • BusinessComments Off

Amit Ghosh, chief building officer for the city of Cincinnati, talks about construction problems, Tuesday, Jan. 31, 2012, before a subcommittee of the City Council in Cincinnati. Work remains halted at the Horseshoe Casino under construction in the city after...