Alaska Airlines said Friday it will cut capacity by 8 percent this winter and slash up to 1,000 jobs, as high fuel costs and a weak economy provide a "one-two punch" to the carrier's bottom line.
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.
IMF: Kazakh economy on the right path
A senior International Monetary Fund official has praised Kazakhstan, an early victim of the global credit crunch, for its handling of the crisis.
Australia may be nearing recession, index shows
The outlook for Australia's economy is its weakest in 20 years, raising the risk of a recession in 2009, according to an index of economic trends.
Online sales growth in October slowest on record
Online spending for October grew at the slowest pace since at least 2001, an Internet research company said Tuesday — the latest evidence that...
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The cult of the free market has dominated economic policy-talk since the Reagan revolution of nearly thirty years ago. Tax cuts and small government,...
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