- (
) Airlines Change Course With Spinoffs
But whether any of the carriers will actually move to unlock value remains to be seen.
Transportation
US Airways Pilots to Seek New Union
10/4/2007 5:19 PM EDT
They want to remove the Air Line Pilots Association as their bargaining agent.
Transportation
Airlines, Aircraft Makers Get Going in India
10/3/2007 9:34 AM EDT
The country's aviation market has come to life.
Transportation
AMR to Make Early Debt Payment
10/1/2007 3:56 PM EDT
Shares rise 4.5%.
Transportation
Aviation Bill's Hardly a Fix
9/28/2007 1:38 PM EDT
What's needed is a way to fairly distribute the cost of updating the air traffic control system.
Transportation
Delta Extends Global Reach
9/26/2007 4:02 PM EDT
It will add 14 new routes from Kennedy Airport to four continents next summer. More>> - (
) Mayoral Candidates Square Off On Spending
When it comes to budgeting, Mayor Sam Teresi believes an outsider might peg him as a fiscal conservative despite a lifetime as a member of the Democratic Party.
During the eight years he has served in the city�s top post, he emphasizes that budgets have been balanced and the city�s fund balance has gone from a $1.4 million deficit to a comfortable $2.1 million surplus � though he acknowledges that the cost of that has been tax increases and spending plans that have been less than favorable for department heads.
See TERESI, Page A-3
From Page A-1
��It happens to be that probably on more issues I fall down on the Democrat site � personal liberties, the social program,�� Teresi said during an interview with The Post-Journal editorial board Sept. More>> - (
) 2 vie for Chambersburg Area school board seat
A semi-retired doctor will square off next month against an incumbent in the race for the Region 8 seat on Chambersburg Area school board.Incumbent Renee Sharpe ran unopposed in May's primary election, but will face competition in the Nov. 6 general election from Daniel McGehee, who filed a petition Aug. 1 to get his name placed on the fall ballot.
It's the only contested seat on the board.
Region 8 includes the precincts of Chambersburg 1-2, Chambersburg 4-1 and Chambersburg 4-2.
Sharpe was elected to the board in 2003 when she campaigned with Lori Leedy and Dave Sciamanna as part of the Team for Change. The team ultimately went on to win three of four seats they sought on the board that year.
Sharpe said she initially ran for election because she was "looking for a new challenge." She said she was an involved parent and volunteer who saw things that she thought needed changed. More>>
- (
) (AFX UK Focus) 2007-09-21 06:53 GMT: Hong Kong shares end morning lower; commodities, Cathay shine UPDATE
HONG KONG (XFN-ASIA) - Share prices finished the morning session lower in volatile trade amid profit-taking in China Mobile and property stocks, while commodity counters and Cathay Pacific Airways helped limit the market's downside.A pullback on Wall Street overnight weighed on sentiment, while some investors also used a report that China will set a ceiling on the overall amount that can flow to Hong Kong through the mainland's individual investor program as an excuse to lock in profits.
Metals, mining and oil stocks extended gains on strong global commodity prices, while Cathay Pacific was boosted by expectations that its debt servicing cost will fall due to a weakening US dollar.
Mainland airlines were mixed amid profit-taking after strong gains yesterday.
The Hang Seng Index ended the morning down 63.18 points or 0.25 pct at 25,637.95, off a low of 25,554.54 and high of 25,761.19. More>>
- (
) GE Money and Closet Tailors Help Consumers Get Organized with Finance Program
GE Money today announced it will offer a new private label credit card to U.S. customers of Closet Tailors, which specializes in designing and installing custom organization solutions. The Closet Tailors Credit Card, managed by GE Money's Sales Finance unit, will be available through more than 100 franchises across the U.S. and offers a quick and easy application, sales process with promotional financing and deferred interest terms.Home organization is a growing trend as homeowners look to de-clutter and simplify their lives. According to surveys conducted by the National Association of Home Builders (NAHB) in 2005, garage storage alone is a $2.5 billion industry with anticipated growth of 20 percent per year through 2010.
�Closet Tailors helps our customers maximize their living spaces by creating customized, convenient storage solutions,�� said Chip Tighe, vice president of Closet Tailors. More>>
- (
) IMF Executive Board Approves US$111.3 Million PRGF Arrangement for Nicaragua
The Executive Board of the International Monetary Fund (IMF) today approved a three-year, SDR 71.5 million (about US$111.3 million) arrangement under the Poverty Reduction and Growth Facility (PRGF) for Nicaragua in support of the government's economic program. The decision allows an immediate disbursement to Nicaragua of an amount equivalent to SDR 11.9 million (about US$18.5 million).The PRGF is the IMF's concessional facility for low-income countries. It is intended that PRGF-supported programs are based on country-owned poverty and reduction strategies adopted in a participatory process involving civil society and development partners and articulated in a Poverty Reduction Strategy paper (PRSP). This is intended to ensure that PRGF-supported programs are consistent with a comprehensive framework for macroeconomic, structural, and social policies to foster growth and reduce poverty. More>>
- (
) IMF Executive Board Concludes 2007 Article IV Consultation with the Central African Republic
On September 28, 2007, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Central African Republic (C.A.R.).1Background
Over the past several decades political struggle and armed conflict have adversely affected domestic stability in the C.A.R., slowing growth and causing a deterioration of living standards. The economy has also been buffeted by exogenous shocks, such as droughts and regional instability, and a long-term decline in the terms of trade. A coup d'état in 2003, followed by elections in 2005, marked the end of generalized conflict and the beginning of economic and institutional recovery.
A recent improvement in the political and social situation and economic policies has provided a firm basis for economic recovery. More>>