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The Business News : June 4, 2008 : [06-04-08 6:30PM] |
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 The Business News : June 4, 2008 : [06-04-08 6:30PM]
Unknown length - Jun 7, 2008
Aircraft and job cuts at United Airlines will be par for the industry as a whole as long as oil prices remain high. If high prices last through the summer, look for Chapter 11 filings and firesales... Aircraft and job cuts at United Airlines will be par for the industry as a whole as long as oil prices remain high. If high prices last through the summer, look for Chapter 11 filings and firesales by big carriers by September. BNN interviews Julius Maldutis, president, Aviation Dynamics. They're a billion dollar retailer whose numbers are heading the wrong way. Reitmans had a tough first quarter, but what's really got investors nervous is an early peak at plummeting Q2 sales. Is this Reitman's issue, or is it more evidence that Canadian retailers are dead money? BNN speaks to Keith Howlett, consumer products analyst, Desjardins Securities. As the US economy slows more and more people are turning to Craigslist to get some cash for their stuff. But, at the same time, the online community is being targeted by con-men and crooks like never before. Is Craigslist's success working against it? BNN speaks to Jim Buckmaster, CEO, Craigslist. The Eco-Gir line of clothing is made from 100 percent eco-friendly fabrics and post-consumer waste, including used water bottles and other recycleable plastics. The company already deals with US department stores and is negotiating with Sears Canada and Mark's Work Warehouse to bring the line to Canada. BNN interviews Steven Kimmel, president, Bagir International.
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