Uploaded by AssociatedPress on Jul 2, 2008
BusinessMoney Minute: Airline Cuts, Yahoo, OilMoney Minute: Airline Cuts, Yahoo, OilThe Associated PressAmerican Airlines says it could cut as many as 900 flight attendant jobs AP's James Limbach reports on that and the rest of Wednesday's top business headlines. (July 2)HEADLINE:Money Minute: Airline cuts, Yahoo, Oil---------------------------------------American Airlines says it could cut as many as 900 flight attendant jobs ---------------------------------------- [Notes:ANCHOR VOICE] AP Money MinuteMore woes at American Airlines. The nation's largest carrier says it could cut as many as 900 flight attendant jobs as it reduces flights to cope with record high fuel costs. Airlines and union officials said they would try to reduce layoffs through attrition or by employees voluntarily taking leaves of absence or sharing jobs.-----------------------------Microsoft reportedly isn't giving up on Yahoo. The Wall Street Journal says software giant has spoken with News Corp., Time Warner and others about buying Yahoo's search business. Yahoo has already rejected that offer - said to be worth $1 billion - as well as Microsoft's $47.5 billion bid to buy the company in its entirety.------------------------------Crude oil hit a record $143.91 a barrel before pulling back slightly to $143.55. The rise came after the Energy Department reported that crude supplies fell more than expected last week. Gasoline supplies grew by a considerable amount, and demand continued to slide - suggesting that record fuel prices are prompting a real shift in Americans' driving habits.I'm James Limbach with AP Money Minute ___ ___, The Associated Press.(****END****) ANCHOR VOICE:-------------------------VIDEO PRODUCER:------------------------------VIDEO SOURCE:--------------------------VIDEO APPROVAL:------------------------------VIDEO RESTRICTIONS:----------------------------------SCRIPT/WIRE SOURCE:------------------------------------
Category:
Tags:
License:
Standard YouTube License
-
1 likes, 0 dislikes
1:14
Algae Chokes Bay That Will Host Olympic Sailingby AssociatedPress19,077 views
1:58
Bush Again Calls for Domestic Oil Drillingby AssociatedPress637 views
0:48
Michael Phelps Breaks 400 Meter Swim Recordby AssociatedPress737,820 views
2:09
Dangerous Flight Maneuvers at U.S. Airports?by AssociatedPress101,078 views
10:09
High Oil Prices Crunch Airlines And Other Air Travelby Schemefighter1,044 views
7:12
The Airline Industry - Part 2: Collapse in Valueby econoutlook1,141 views
7:39
Oil Price Hike Affects Budget Airlines - Moneyweekby kktalkative236 views
0:43
Chinese Airlines Raise Fuel Levyby CARNOCVIDEO1,870 views
2:30
The bad news at TK :(by flygirl908081,710 views
0:43
Island in the Stream by Matthew Hawkinsby travel4fun013564 views
2:02
CNN AIRLINES JUNE13TH (PARTIAL)by Kevinscottkerr32 views
3:51
The Biz Flog -- Blaming Oil Speculators for High Gas Pricesby BusinessAndMedia238 views
8:52
The Airline Industry - Part 3: Mergersby econoutlook854 views
4:04
Oil prices and aviation industry trends - Energy, Travel Industry and Transport Speaker - Futuristby pjvdixon3,824 views
2:07
Oil Speculators Take Heatby CBS2,105 views
0:47
Betancourt, 3 American Hostages Freed From FARCby AssociatedPress40,324 views
0:46
Palestinian Bulldozer Driver Rams City Trafficby AssociatedPress73,689 views
0:59
Mugabe Says World Must Accept His Presidencyby AssociatedPress33,450 views
1:55
Largest July 4th Fireworks Display in Americaby ROCKETBOOM714,173 views
1:27
Money Minute: Windows XP, Rhapsody, Yahooby AssociatedPress2,135 views
- Loading more suggestions...
Link to this comment:
All Comments (0)