United Airlines sheds 950 pilots

Fuel costs eat into Fedex profit
The rising cost of fuel will impact future earnings at Fedex, the delivery company says.

Rolls-Royce plans 2,000 job cuts
Aircraft engine maker Rolls-Royce says it plans to cut up to 2,000 jobs in 2009, including 140 in the UK.

US consumer prices in record fall
US consumer prices dropped by a record 1% in October as fuel costs kept falling for a third month in a row.

United Airlines win union ruling
United Airlines wins an injunction against a pilots' trade union stopping it taking industrial action against the airline.

Wolseley to shed 2,300 more jobs
Building materials firm Wolseley is to cut 2,300 more jobs, the majority in the UK, as the housing downturn continues to bite.