DETROIT (AP) - United Auto Workers members passed a four-yearcontract agreement with Chrysler LLC on Saturday despitesignificant dissent from some workers, the union said.
(Oct. 27) - It’s not just flights that are being delayed. United States airlines are also putting off purchases of new planes, meaning the nation’s fleet of aircraft, on average, is aging right along with the passengers.
DESPITE being the largest casual dining chain in America, Applebee’s International has long tried to position itself as a local gathering place. Its theme, “Eatin’ good in the neighborhood,” is reinforced by the décor of its restaurants, which can include pictures of local police officers and firefighters and memorabilia from regional sports teams.
Aryana McPike, a sixth-grader from Springfield, Ill., has a closet full of designer clothes from Dolce &Gabbana, Juicy Couture, True Religion and Seven For All Mankind. But her wardrobe, carefully selected by a fashion-conscious mother, hasn't won her friends at school.
CALABASAS, Calif. (AP) - Countrywide Financial Corp., thenation's largest mortgage lender, said Friday it swung to a loss ofmore than $1 billion in the third quarter on to rising loan-lossprovisions, writedowns and dwindling origination volume.
Facing billions of dollars in losses from the subprime mortgage crisis, Merrill Lynch chairman and chief executive, E. Stanley O’Neal, floated the idea of a merger with a large bank, a foray that angered Merrill’s board and could cost him his job, according to people close to the beleaguered Wall Street firm.