American Airlines reports loss on costs from new labor contract
American Airlines reported a loss Thursday on costs connected to a new labor contract, but described travel demand as solid as it lifted its full-year earnings forecast. The big US carrier reported a third-quarter loss of $149 million. Revenues edged up one percent to $13.7 billion. The results were dragged lower by one-time costs of […]
Sales of new US homes at highest level in over a year
Sales of new homes in the United States last month exceeded analyst expectations Thursday, logging the fastest pace in more than a year on the back of cooler mortgage rates. Sales of new homes stood at an annual rate of 738,000, seasonally adjusted, 4.1 percent up from the revised August figure of 709,000, said the Commerce […]
