Word: lossing
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...country's once-proud flagship carrier. But far greater humiliations were in store for Asia's largest airline by revenue. Beset by a steady erosion of its customer base, high cost structures and a $15.4 billion debt load, JAL lost about $1 billion last quarter and projects a loss of about $700 million for this fiscal year. With nowhere else to turn, JAL CEO Haruka Nishimatsu this week met with Transport Minister Seiji Maehara to discuss a government bailout, inviting unflattering comparisons between the Japanese airline and American carmaker...
...we’re finding a way to win and build confidence even when we’re not playing our best.” That confidence will be important on Saturday against the Demon Deacons, the highest ranked team Harvard has faced yet. Aside from a 1-0 loss to Virginia last week, the ACC squad has dominated its conference and is a major player on the national level. With last night’s win over the Wildcats (2-4-1), however, the Crimson overcame another hurdle before the match against the powerhouse from North Carolina...
...football fan in them for Harvard-Yale, but there’s no need to wait for November for a fierce rivalry. Tonight, the Crimson (0-1) faces Brown, with whom they shared last year’s Ivy League title. The Bears (1-0) handed Harvard its only loss last season, stopping a two-point conversion attempt that would have tied the game in the final minute...
After Michael Dougherty, the Bears’ previous quarterback and semifinalist for the Draddy Award (which Peyton Manning won in college), Newhall-Caballero is fairly untested but connected with Farnham for 121 yards on 12 catches in the team’s opening loss to Stony Brook...
...That prospect would be a big boost to the casino companies. During the boom years, Macau casinos minted profits at an astonishing rate, but over the past year, the recession has taken its toll on bottom lines. Melco Crown, for example, swung to a loss of $179 million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented...