American Airlines profitable in 1st quarter since deal

An American Airlines Boeing 737 airplane takes off from a runway at Ronald Reagan Washington National Airport in Arlington, Virginia, in this September 23, 2013American Airlines Thursday reported a profit in its first full quarter since acquiring US Airways, benefitting from lower fuel costs and a gain from the sale of some airport slots. American, the biggest US airline by revenue, said first-quarter net income was $480 million, compared with a loss of $297 million from the combined year-ago results of American and US Airways. American and US Airways closed their merger in December 2013. The airline also notched $137 million in special credits due mainly to the sale of airport slots at Reagan National Airport in Washington that was mandated by antitrust regulators for approval of the US Airways deal.



F1 boss Ecclestone denies bribery at German trial

Formula One supremo Bernie Ecclestone arrives at court for his trial in Munich, southern Germany, on April 24, 2014Munich (Germany) (AFP) - Formula One supremo Bernie Ecclestone went on trial in Germany on Thursday, denying charges of bribery that threaten to land the British billionaire in jail. Ecclestone, 83, is accused of paying a German banker tens of millions of dollars to ensure his continued grip on the motor sports empire he built up virtually single-handedly over four decades. The mop-topped, diminutive F1 magnate entered the packed Munich courtroom in his trademark black suit and white shirt, saying only: "I'm confident, the sun is shining." He also declared that Ecclestone does not intend to speak for now in the trial that is set to run until September.



Kate shows off new royal style in Down Under tour

FILE - This is a Wednesday, April 16, 2014 file photo of Britain's Kate, the Duchess of Cambridge, as she meets with people on the steps of the Sydney Opera House following a reception in Sydney, Australia. Kate’s dilemma: What to pack for a two-week trip, when your itinerary includes everything from state receptions and church services to toddler playdates and cricket games? For the Duchess of Cambridge, who’s rounding up her trip to Australia and New Zealand with husband Prince William and 8-month-old son George, there were additional sartorial dilemmas: Do royals take off their shoes at the beach? And what’s the most ladylike way to climb into a fighter jet while in a pencil dress and high heels? (AP Photo/Jason Reed, Pool, File)LONDON (AP) — Kate's dilemma: What to pack for a two-week trip, when your itinerary includes everything from state receptions and church services to toddler playdates and cricket games?



U.S. jobless claims rise more than expected last week

Job seekers apply for the 300 available positions at a new Target retail store in San FranciscoThe number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted 329,000 for the week ended April 19, the Labor Department said on Thursday.



Applications for US unemployment aid jump to 329K

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter.


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