DES MOINES, Iowa-- The U.S. Department of Labor said Tuesday it sued a Kentucky businessman claiming he and others took $4.9 million from the pension plans of a Fairfield foundry's union workers and a related Michigan company to use for their own business interests violating a federal law that protects worker pension assets.
June 10- The new American Airlines will be run largely by the current management of US Airways Group when the carriers merge to form the world's largest airline.
June 10- American Airlines parent AMR Corp and US Airways Group Inc, which are merging to create the world's largest carrier, said on Monday that Scott Kirby, president of US Airways, would hold the same job in the new company.
June 10- American Airlines parent AMR Corp and US Airways Group Inc, which are merging to form the world's largest carrier, on Monday said Scott Kirby of US Airways would be president of the new company. Management of the merged company would include executives from both airlines.
FORT WORTH, Texas-- There are fewer empty seats these days on American Airlines, but the company is getting less money per seat. Parent AMR Corp. said Friday that traffic in May rose 0.8 percent _ not much, but more than the 0.3 percent increase in passenger-carrying capacity.
FORT WORTH, Texas-- Tandy Leather Factory Inc. said Thursday that a key revenue measurement grew 7 percent in May. It said retail leathercraft sales grew to $3.5 million from $3.2 million and wholesale revenue grew to $2.1 million from $2 million. Shares of Tandy Leather Factory slipped 9 cents to $7.85 in morning trading.
NEW YORK, June 4- American Airlines' bankrupt parent received court permission on Tuesday to send its restructuring plan to creditors for a vote, bringing its planned $11 billion merger with US Airways Group a step closer to reality. Judge Sean Lane approved an outline of AMR Corp's plan at a hearing in U.S. Bankruptcy Court in Manhattan.
*Tornado strikes area of Habitat for Humanity homes. GRANBURY, Texas, May 16- At least six people were killed when a powerful tornado ripped through a neighborhood including a Habitat for Humanity low income housing area in the north Texas town of Granbury on Wednesday, marking the deadliest severe storm outbreak in the United States this year.
DALLAS, May 16- At least six people were killed and seven were missing after as many as 10 tornadoes ripped through north-central Texas Wednesday evening, leaving a trail of destruction from the worst severe storm outbreak in the United States so far this year.
May 16- Six people were killed and seven are missing after tornadoes slammed into north-central Texas after dark, Hood County spokesman Tye Bell said on Thursday. About 30 people were taken to Hood County hospitals and 15 to hospitals in Fort Worth, Bell said. He added that 250 people were evacuated from the area hit by the storms and described damage as "extensive."
DALLAS, May 16- At least six people were killed and 100 injured when tornadoes ripped through north-central Texas after dark and authorities said the death toll could rise as rescuers search through the rubble of destroyed homes. The worst damage was reported in Granbury, a town of 8,000 people about 35 miles southwest of Dallas-Fort Worth.
*Neighborbood of 110 homes in Granbury bears brunt of damage. DALLAS, May 15- At least six people were killed and scores more injured when tornadoes ripped through a stretch of Texas near Dallas-Fort Worth after dark on Wednesday, destroying homes and uprooting trees, authorities said.
DALLAS, May 15- At least six people were killed and scores injured when tornadoes ripped through a stretch of Texas near the Dallas-Fort Worth area after dark on Wednesday, destroying homes and uprooting trees, authorities said.
April 22- Air travelers experienced delays at some U.S. airports on Monday as staff cuts at control towers took effect, but the widespread havoc and hour-long waits that regulators had predicted last week largely failed to materialize.
"Staffing challenges" exist at facilities controlling airports in New York, Los Angeles, Dallas-Fort Worth and Jacksonville, Florida, the agency said. Because of budget cuts, there are fewer air traffic controllers, and planes must fly farther apart, causing delays for passengers, the FAA said.
April 16- American Airlines said its computer systems were restored and flights had resumed after intermittent outages on Tuesday forced it to ground hundreds of U.S. flights, but warned travellers to expect some cancellations to continue for a second day.
April 16- American Airlines said its computer systems were restored and flights resumed after intermittent outages on Tuesday lasting several hours had led it to ground hundreds of U.S. flights.
April 16- American Airlines said its reservation system had an outage on Tuesday, leading the carrier to halt at least 200 flights. "American's reservation and booking tool, Sabre is offline," American Airlines spokeswoman Mary Frances Fagan said in an email to Reuters.
April 10- AMR Corp's American Airlines, moving to gain more business travelers, on Wednesday said it plans to expand service from Los Angeles by adding flights to nine cities this year.
April 10- AMR Corp's American Airlines on Wednesday said it plans to expand service from Los Angeles, one of its five major U.S. hubs that is an important business and leisure market, by adding flights to nine cities this year. New cities to be served from Los Angeles starting this summer include Pittsburgh; Columbus, Ohio; Indianapolis; and Hartford, Connecticut.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.