by Alister POOLE on February 2, 2012
American Airline’s parent company says that it will shed at least 13,000 jobs – which is roughly around 15 per cent of its workforce.
AMR wants to slash staff costs by 20 per cent in an attempt to bring down spending by $2bn while raising company revenue by $1bn per year. The parent, which was forced [...]
by Tiffany Millar on February 1, 2012
A lawyer representing Costa Concordia passengers yesterday announced details of the $460 million class-action case that will be brought against the wrecked cruise ship’s owners.
The lawsuit comes just over two weeks since the cruise ship, which was owned and operated by Costa Cruise Lines, which is a Carnival Corp. affiliate, capsized on 13 January just [...]