United Airlines considers outsourcing jobs at 28 U.S. airports
(Reuters) – United Airlines is assessing whether to outsource jobs at airports around the country in a cost-cutting effort that could impact some 2,000 workers.
Dollar Tree expects to shed less than 300 stores to buy Family Dollar
(Reuters) – Discount chain Dollar Tree Inc said it expects to divest fewer than 300 stores to satisfy U.S. regulators scrutinizing its proposed takeover of Family Dollar Stores Inc , and had already identified potential buyers.
Jaguar to challenge luxury SUVs with F-PACE model in 2016
FRANKFURT (Reuters) – British car maker Jaguar, known for its sporty sedans, will launch the F-PACE off-roader in 2016, entering the popular luxury sports utility sector in a departure for the 80-year-old brand.
Fiat Chrysler wants to collaborate with others on new vehicles: CEO
DETROIT (Reuters) – Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on…
Wall St. falls; energy shares dragged down further by oil
NEW YORK (Reuters) – U.S. stocks fell for a second straight session on Monday, led by another sharp decline in energy shares as oil prices tumbled about 5 percent and concern grew ahead of corporate earnings season.
Cutting ‘patient’ from Fed guidance should signal hike near: Lacker
WASHINGTON (Reuters) – The Federal Reserve should stop talking about the need for a “patient” interest rate policy just before it thinks it will begin hiking rates, a top Fed policymaker said on Monday.
Oil dives anew, falling 5 percent on Goldman downgrade, outages
NEW YORK (Reuters) – Oil fell 5 percent to its lowest in nearly six years on Monday, extending the second-deepest rout on record, after Goldman Sachs warned that prices would fall further and Gulf oil producers showed no sign of cutting output.
Lululemon forecast signals turnaround moves bearing fruit
(Reuters) – Lululemon Athletica Inc issued a robust forecast for the current quarter on Monday that topped market expectations and lifted its shares as strong holiday sales signaled the Canadian yogawear maker’s comeback efforts may be paying off.
Fed’s Lockhart sees strong U.S. growth, rate hike in mid-2015
ATLANTA (Reuters) – The U.S. economy is motoring ahead in its recovery, likely putting the Federal Reserve in position to raise interest rates by the middle of the year, Atlanta Fed President Dennis Lockhart said on Monday.
Tiffany cuts profit forecast as holiday shopping disappoints
(Reuters) – Upscale jeweler Tiffany & Co cut its profit forecast for the full year, citing a disappointing holiday shopping season and further weakness in Japan.
