News : AFRICA : Business, Economics & Finance
LATEST & HOT NEWS ONLATEST & HOT NEWS INBUSINESS, ECONOMICS & FINANCE IN AFRICA     
Alaska Airlines to cut capacity, slash jobs
Alaska Airlines said Friday is cutting capacity by 8 percent this winter and slashing up to 1,000 jobs amid high fuel costs and a weak economy.
Fed meets on interest rates
Sep. 12 - Federal Reserve policymakers meet with dealers mostly expecting interest rates to be kept on hold.
Feds shy off backing Lehman-source
Sep. 12 - Treasury Secretary Henry Paulson is said to be working on a deal to rescue Lehman Bros., but is adamant about not using Federal funds, a source told Reuters.
EU ministers talk downturn
Sep 12 - Finance ministers from the EU met in Nice and admitted they had underestimated the impact the U.S. economic crisis on Europe.
The Secrets of CEOs
Sep 12 - 150 global chief executives share their advice, experience and warnings on life at the top.
Edmonds schools give kids back their hot lunches
EVERETT, Wash. (AP) -- The Edmonds School District is suspending its policy on overdue lunch money....
Deutsche Bank takes Postbank stake
Sep 12 - Deutsche Post agrees to sell an initial 29.75 percent stake in its Postbank to Deutsche Bank for 2.79 billion euros in cash in a deal worth up to $13 billion.
Car makers speed into Russia
Sep 12 - U.S. and Asian automakers are rushing to lure Russian consumers to offset declining sales in the U.S., Europe and Asia.
Columbia Gorge resort to restore wetlands
SEATTLE (AP) -- The owners of a Columbia River Gorge have agreed to pay $30,000 and restore wetlands to settle a federal lawsuit....
Arrivederci Alitalia?
Sep 12 - Italy's national airline flies on a wing and a prayer as the Pope is asked to aid efforts to save the stricken airline.
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