Business News

Intel's Q4 revenue falls short

ABJ - December 14 - Intel Corporation has announced that the company’s fourth quarter results are expected to be below the company’s previous outlook due to hard disk drive supply shortages. The company now expects fourth quarter revenue to be $13.7 billion, plus or ...
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Southwest Airlines to become launch customer for new Boeing 737

ABJ - December 13 - Southwest Airlines is once again leading the industry by teaming up with its long-time partner to become the launch customer of Boeing's new 737 MAX aircraft. Southwest is the first customer to place firm orders for the ...
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Report: Health issues rising in workplace, says OECD

ABJ - December 12 - Mental illness is a growing problem in society and is increasingly affecting productivity and wellbeing in the workplace, according to a new report by the Organization for Economic Co-operation and Development (OECD). Sick on the Job? ...
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Delta, GOL form commercial alliance

ABJ - December 8 - Delta Air Lines and GOL Linhas Aereas Inteligentes announced an agreement for a long-term exclusive commercial alliance. Under the agreement, Delta and GOL, which has a 40 per cent market share in Brazil, will expand cooperation to leverage each ...
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October jobless rate down in 281 metro areas

ABJ - December 7 - Unemployment rates were lower in October year-over-year in 281 of 372 metropolitan areas, higher in 76 areas, and unchanged in 15 areas, according to the U.S. Bureau of Labor Statistics. Eight areas recorded jobless rates of at ...
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Candidates battle for Cain supporters

ABJ - December 6 - With the presidential run of restaurateur Herman Cain likely suspended indefinitely, the remaining major candidates will now fight for to coup his supporters. Most political pundits expect Cain to endorse either former Speaker Newt Gingrich or former Governor of ...
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Cain suspends presidential bid

ABJ - December 5 - Herman Cain, the former restaurant executive, has suspended his campaign for the Republican nomination to run against Barack Obama for President of the United States.Cain, 65, faced several allegations of sexual harassment in recent weeks, with as many as four ...
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American third quarter: productivity up, unit labor costs down

ABJ - December 2 - Nonfarm business sector labor productivity decreased at a 0.3 per cent annual rate during the second quarter of 2011, reported the U.S. Bureau of Labor Statistics. From the second quarter of 2010 to the second quarter of this year, output ...
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HP Selected as Primary IT Provider for 2011 UN Climate Change Conference

ABJ - December 1 - HP today announced it has been selected as the primary IT provider of low-carbon IT solutions for the2011 UN Climate Change Conference (COP17).The federal government of South Africa, which is the event host through the South African Ministry of Foreign ...
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American Airlines parent company files for bankruptcy

ABJ - November 29 - AMR Corporation, the parent company of American Airlines, Inc., and AMR Eagle Holding Corporation, announced that in order to achieve a cost and debt structure that is industry competitive and assures its long-term viability and ability to continue delivering a ...
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