United Airlines to outsource more than 630 airport jobs
(Reuters) – United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move.
U.S. job rebound not spurring spending, Wal-Mart’s Simon says
BENTONVILLE Arkansas (Reuters) – U.S. employers may be hiring again, but the job market recovery is not giving ordinary consumers enough confidence to increase their spending, a top Wal-Mart executive said on Monday.
Carrefour to exit India, shut five wholesale stores
MUMBAI/PARIS (Reuters) – French retail giant Carrefour SA will shut down its Indian operations and close its wholesale stores in the country, as it exits underperforming markets to focus on reviving its French business.
Most F-35 engines inspected; U.S. contract talks on hold for now
WASHINGTON (Reuters) – Most of the 97 Lockheed Martin Corp F-35 fighter jets grounded last week have been inspected, and officials hope to wrap up the remaining inspections on Monday, which could pave the way for the resumption of flights of the Pentag…
Argentina asks mediator for stay on U.S. court debt ruling
NEW YORK/BUENOS AIRES (Reuters) – Argentina’s economy minister on Monday told a mediator in the country’s dispute with holdout investors that the U.S. court ruling against the country is “impossible” to fulfill and a stay is necessary in order to reach…
Standard General gains control of ousted American Apparel CEO’s shares
(Reuters) – Investment firm Standard General LP said Monday it gained voting control of ousted American Apparel Inc Chief Executive Officer Dov Charney’s shares in the firm and will back the retailer in its battle against bankruptcy.
Samsung Electronics says second quarter operating profit likely fell 24.5 percent
SEOUL (Reuters) – Samsung Electronics Co Ltd on Tuesday said operating profit likely fell 24.5 percent in April-June to 7.2 trillion won ($7.12 billion) due to continued slowing growth in the company’s cash cow smartphone business.
U.S. job rebound not spurring spending, Wal-Mart’s Simon says
BENTONVILLE Arkansas (Reuters) – U.S. employers may be hiring again, but the job market’s recovery is not giving ordinary consumers enough confidence to increase their spending, a top Wal-Mart executive said on Monday.
United Airlines to outsource more than 630 jobs at U.S. airports
(Reuters) – United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move.
Wall St. retreats as cyclicals weigh; small-caps sag
NEW YORK (Reuters) – U.S. stocks dipped on Monday, retreating from last week’s record levels as investors hesitated to make big bets before the start of earnings season.
