DALLAS (AP) - The pilots' union president said Thursday that American Airlines is reducing its safety margin by "manipulating" flight plans with tactics that include faster speeds.
The pound looks set to extend its decline next week, when traders and economists predict the Bank of England will cut interest rates for the first time in more than seven years.
Banca Monte dei Paschi di Siena, Italy's oldest bank, was the worst performer in this year's stress tests of European banks.
Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.
At their party's convention this week, Democrats highlighted positive economic news from the Obama era, including the dramatic plunge in unemployment and persistent growth in output.