American

By David Koenig DALLAS -- American Airlines heads to federal court Monday to convince a bankruptcy judge that to survive, it must break labor agreements that workers fought decades to win. The airline lost more than $10 billion in the decade leading up to its declaration of bankruptcy last November. ...

DALLAS (AP) -- American Airlines wants to eliminate 1,200 nonunion jobs as it cuts costs while under bankruptcy protection. That pushes the company's overall job-cut target to 14,200. It announced plans in February to cut 13,000 union pilots, flight attendants and ground workers. ...

The idea of retiring at age 65 is no longer a reality to many Americans, with many anticipating that they will have to work another 15 years -- to age 80 -- before they can afford to quit work, a new survey shows. Further, the poll of 1,500 middle-class Americans showed that 76 percent of respondents felt it ...