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SYDNEY, Aug. 18 (UPI) -- Australian airline Qantas is preparing to announce layoffs to compensate for the high cost of jet fuel, the Sydney Daily Telegraph said Thursday.
The exact number to be dismissed could be known as soon as Monday, officials said.
"Some of our more major departments will start talking to people as early as Monday," said Qantas Chief Executive Geoff Dixon.
The carrier has 38,000 employees, with 93 percent employed in Australia.
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WASHINGTON, May 23 (UPI) --
The planned Keystone XL oil pipeline would move oil away from refineries that produce gasoline, increasing prices, the National Resource Defense Council says.
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A new labor agreement between Lockheed Martin and workers at three company facilities has been ratified and is now in effect.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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