Delta Seeks Pilot Pay Cuts in Bid to Avoid Furloughs

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Delta Seeks Pilot Pay Cuts in Bid to Avoid Furloughs

Delta Air Lines (NYSE:DAL) is proposing a cut to guaranteed minimum pilot pay in an effort to avoid furloughs as the airline tries to balance its need to shrink with a desire to preserve labor harmony. Earlier in the week, Delta reported second-quarter revenue …
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JB Hunt Maintains Capital Spending Restraints on Cautious Outlook

J.B. Hunt Transport Services Inc. is keeping its capital spending in check and plans to resume stock buybacks amid a cautious view of the U.S. freight market despite beating quarterly earnings expectations. The Lowell, Ark.-based company, considered a …
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Mortgage rates are sub-3%. How will buyers and lenders react?

Uncertainty, the very thing that drove the average rate on a 30-year fixed mortgage to a record low this week, could prevent millions of prospective homeowners from pulling the trigger on a purchase. “The rates are great,” said Al Fazio, a real estate attorney in …
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Financial uncertainty continues for Atlanta accounting firm clients

Atlanta Business Chronicle asked financial professionals in some of the metro area's top accounting firms to weigh in on their company's own
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Amazon warehouse worker says she was written up in July for taking too many breaks from work

Hibaq Mohamed, who works out of Amazon’s Shakopee, Minnesota, facility, has accused the company of retaliating against her for speaking out about its labor practices. Mohamed was written up in early July for violating the company’s time off task policies, …
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