Transportation
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The IAM represents about 11,000 agents and ground service workers at Northwest, but there is no assurance that would continue in a merger with Delta, whose agents and ground service workers do not have union representation. Such a merger could "de-unionize the transportation labor movement," IAM General Vice President Robert Roach has said. "If carriers decide to combine in order to cut costs and increase their market clout, we will have to take a hard look at the potential effects on workers and consumers," Clinton said in January, in a prepared statement, adding that it is important to preserve choice, competitive pricing and jobs in the airline industry. The Teamsters, meanwhile, have left some wiggle room. The union says it opposes a merger of United and Continental -- which has also been discussed as a possibility -- unless it benefits workers at both airlines. Looking at two hypotheticals, a victory in the United election could give the Teamsters a stronger hand were there to be such a merger.
Despite the attention focused on an ongoing investigation of its maintenance, the carrier appears well-positioned to face the industry's problems.
The airline will also remove some planes from its fleet.
The aircraft leasing firm's payouts are larger than its profits, and the issue could get worse as the airline industry downshifts.
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Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
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The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
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