Delta reports $257 million second-quarter loss, narrower than year earlierATLANTA — Delta Air Lines Inc., the world’s biggest airline operator, on Wednesday reported a double-digit drop in unit revenue during the second quarter as demand for air travel continued to slump, but it narrowed its net loss to $257 million from a year earlier when it accounted for big one-time items. Georgia faces dire 3-year deadline to negotiate future water for bustling Atlanta regionATLANTA — Georgia faces the dire prospect of losing metropolitan Atlanta’s main water source if political leaders can’t broker a solution with Alabama and Florida over rights to a major reservoir within three years. After massive Tenn. spill, consultants find problems with utility’s coal ash storage programKNOXVILLE, Tenn. — Consultants hired by the Tennessee Valley Authority say they found widespread problems with how the nation’s largest public utility is running and maintaining its coal ash storage operations. Airline shares slide after weak earnings, no pick-up in demand on the radarATLANTA — Airline shares fell Thursday as oil prices ticked higher and the broader stock market was hammered. United Airlines parent posts small 2Q profit on one-time gains; Will cut int’l capacityATLANTA — The parent of United Airlines said Tuesday it is cutting international capacity by an extra 7 percent during the last four months of this year, as it posted a $28 million second-quarter profit due to fuel hedge gains and other one-time items. Coca-Cola 2nd-quarter profit rises 43 pct; sales fall on effects of strengthening dollarMILWAUKEE — Coca-Cola Co.’s second-quarter profit rose 43 percent, and the world’s largest beverage maker said Tuesday its rapid overseas growth helped offset weak domestic volumes, even as foreign currency exchange dragged down sales. Atlanta City Council approves civil rights museum’s plan to pay off King Papers loanATLANTA — The Atlanta City Council has cleared the way for a civil and human rights museum to pay off $11.5 million on a loan so it can acquire display rights to thousands of documents of the late Martin Luther King Jr. AirTran Airways parent expected to post 2Q profit, a bright spot for the struggling industryATLANTA — AirTran Holdings Inc., operator of discount carrier AirTran Airways, reports second-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period. Meltdown 101: Airlines resort to capacity cuts to adjust to rough economic timesLike most businesses, airlines want to grow. But during these difficult economic times, their survival depends on their ability to shrink, as they try to match how much they fly with the number of travelers willing to pay for a ticket. Delta Air Lines expected to post loss for 2QATLANTA — Delta Air Lines Inc. reports second-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period. Cleared by DNA evidence, 1 Ga. man gets $1M, 2 get nothing, yet all 3 face similar strugglesATLANTA — On a March afternoon in 2005, three men who spent a combined 37 years behind bars for rapes DNA later showed they didn’t commit climbed the steps to the Georgia Capitol. They were seeking some measure of justice — money to help them rebuild lives wrecked by years spent in prison. Count of swine flu cases surpasses 40,000, hospitalizations near 4,800, CDC saysATLANTA — The last time the government embarked on a major vaccine campaign against a new swine flu, thousands filed claims contending they suffered side effects from the shots. This time, the government has already taken steps to head that off. Federal judge in Florida rules Atlanta’s withdrawals from Lake Lanier are illegalATLANTA — Metro Atlanta and its 4 million residents have almost no rights to a massive federal reservoir and must stop taking water from it within three years unless Congress authorizes continued withdrawals, a federal judge ruled Friday. Ex-House Speaker Gingrich: Hard to tell how high court nominee Sotomayor will voteATLANTA — Former U.S. House Speaker Newt Gingrich said Friday it’s difficult to tell what kind of justice U.S. Supreme Court nominee Sonia Sotomayor would become, calling her testimony this week “dramatically more moderate” than some of her recent remarks. Sotomayor’s performance at hearings wins her GOP, Democratic supporters as vote loomsWASHINGTON — Supreme Court nominee Sonia Sotomayor won her first public pledges of support from Senate Republicans and one prominent GOP opponent, after a smooth performance at her confirmation hearings that has placed her firmly on track to become the high court’s first Latina and the first Democratic-named justice in 15 years. Former Georgia Sen. Miller says Obama should be glued to his seat to stop his overseas travelsATLANTA — Former U.S. Sen. Zell Miller criticized President Barack Obama’s recent travels overseas, telling a group of mostly Republican lawmakers Thursday that the White House Chief of Staff needs to put “Gorilla Glue” on Obama’s chair to keep him in the Oval Office. Federal judge rules airlines can’t depose FBI agents in 9/11 lawsuits in New YorkATLANTA — A federal judge ruled Thursday that airlines and other companies in the industry that are being sued by families of terrorism victims can’t question FBI agents about the Sept. 11, 2001, attacks. Union says 215 Delta Air Lines pilots agree to retire as part of company effort to cut costsATLANTA — A small number of Delta Air Lines Inc. pilots — just 215 — have agreed to retire as part of a company incentive program designed to reduce the number of pilots to cut costs, according to a union tally disclosed in a memo to members Thursday. Organizers of planned Atlanta civil rights museum set to pay off loan on rights to King papersATLANTA — Organizers of a civil and human rights museum planned for Atlanta said Wednesday they are poised to pay $11.5 million left on a loan so they can acquire the rights to 10,000 documents belonging to Martin Luther King Jr. Airlines putting airbags on planes to comply with new FAA rule; Will ticket prices rise?ATLANTA — You may never need them at 35,000 feet, but you’ll be glad they’re around if you do. Defibrillators, medical kits and life vests are a few examples of the safety equipment the government requires airlines to put on passenger jets. Mahindra & Mahindra to enter US marketWASHINGTON - Indian vehicle manufacturer Mahindra & Mahindra Ltd is set to enter the US market with a diesel-powered pickup later this year, the first vehicle produced in India for sale in America. Firefighters’ watching Sotomayor confirmation hearing with mixed feelings and interestATLANTA — Supreme Court nominee Sonia Sotomayor’s confirmation hearings were met Tuesday with mixed feelings from firefighters as lawmakers questioned her opinion in the New Haven, Conn., reverse discrimination case. Madoff arrives at NC federal prison to begin 150-year sentenceBUTNER, N.C. — Bernard Madoff’s life of luxury is a thing of the past. The disgraced financier blamed for what is believed to be the largest Ponzi scheme in history arrived Tuesday at a federal prison in North Carolina to begin a 150-year sentence in a cell with two bunk beds, a toilet and a sink. Struggling to balance budgets, state lawmakers seek nickel-and-dime cuts in basic servicesJACKSON, Miss. — South Dakota eliminated grants for mosquito spraying. Illinois stopped paying for funerals for the poor. Kansas reduced mowing along highways and turned off air conditioning in government buildings earlier than usual. Bureau of Prisons Web site lists Madoff’s location as federal prison in Georgia
Nomination of Alabama doctor may _ or may not _ draw spotlight to surgeon general postATLANTA — The U.S. Surgeon General has been described as “the nation’s doctor,” a “national nanny” and the person who puts warning labels on cigarette packs. But lately, the position has been mostly called something else: invisible. Northwest flight attendants want Delta to offer bigger sizes of signature red dress uniformATLANTA — The union that represents flight attendants who worked for Northwest Airlines before it was bought by Delta Air Lines is crying foul over Delta’s failure to offer bigger sizes for its signature red dress uniform designed by Richard Tyler. Georgia could toss suspect math exam results, joining long lists of state with tampered testsATLANTA — Georgia could become the latest state to punish schools caught cheating on standardized tests, becoming another example of what some observers call an alarming trend of educators caving under the pressure to meet federal achievement standards. World’s busiest airport says it is confident international terminal project will be completedATLANTA — The world’s busiest airport doesn’t believe declining traffic, financial challenges and concerns raised in the past by its main tenant will scuttle an ongoing project to build a new international terminal, a top airport official said Wednesday. Movie theaters to carry live feed of Michael Jackson memorial service through digital networkLOS ANGELES — Only a small number of fans will be able to attend Michael Jackson’s memorial service. But others may be able to watch it in movie theaters all over the country. |