Section: US & Canada
Malaysia Airlines to Cut 6,000 Staff in Overhaul
(KUALA LUMPUR, Malaysia) — Malaysia Airlines will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. The staff reduction represents about 30 percent of its current workforce of 20,000. A search for a new CEO for the airline is underway. Khazanah Nasional, the...
To Revive Damaged Brand, Malaysia Airlines To Lay Off 6,000 Workers
KUALA LUMPUR, Malaysia (AP) — Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. The staff reduction represents about 30 percent of its current workforce of 20,000. A search for a new CEO is underway but there is no move to...
Putin urges release of trapped Ukrainian troops
The Russian leader’s call comes amid reports of Russian troops fighting in Ukraine. …read more Source: USA...
Separatist Leader In Donetsk Agrees To Open ‘Humanitarian Corridor’
Aleksandr Zakharchenko, the leader of pro-Russian separatists in the eastern Ukrainian city of Donetsk, has agreed to let encircled Ukrainian government troops leave the battlefield after Russian President Vladimir Putin called on militia forces to open “a humanitarian corridor.” Zakharchenko said his forces would comply on the...
Ukraine Says Russia Has Invaded
Kiev and its Western backers accused Moscow of sending Russian troops and armor to fight alongside rebels in eastern Ukraine, prompting the U.S. and Europe to threaten new sanctions. …read more Source: The Wall Street...
Russia’s Putin urges release of Ukrainian soldiers
People observe damage done to a house after shelling in the town of Donetsk, eastern Ukraine, Thursday, Aug. 28, 2014. Ukraine’s president Petro Poroshenko called an emergency meeting of the n… …read more Source: The Bismarck...
The Russians Are Coming: What’s Putin’s End Game?
Increasing evidence points to a Russian incursion into eastern Ukraine in support of pro-Russian rebelas fighting against the Ukrainian government. …read more Source:...
Obama cautions against using force to solve crises
While that stance is in keeping with Obama’s long-standing aversion to military entanglements, it comes at a time when the effectiveness of his preferred options is being challenged and there are indications that some in the administration are ready to take more robust actions. In the conflict between Russia and Ukraine, Obama has relied...
Putin urges safe passage for Ukrainian troops surrounded by separatist rebels
Russia’s President Vladimir Putin on Friday called on pro-Russian separatists to release Ukrainian soldiers who have been surrounded by the rebels in eastern Ukraine. …read more Source:...
Russian fund with US advisers eludes sanctions
WASHINGTON (AP) — As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include...
