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FBN's Sandra Smith on the Wall Street Journal's report that American Airlines wants to reduce employee costs by 20%, plus an afternoon market update.
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I'm Sandra Smith with your Fox Business -- there will be some turbulent times ahead for employees of American Airlines according to the Wall Street Journal the now bankrupt parent company AMR corporation wants to reduce it simply costs by 20% from all of its workers AMR's looking.
Save more than a billion dollars in annual costs.
You think Kodak wanting to pull its name from the theater where the Academy Awards are house.
As part of a bankruptcy filing product wants to get out of the deal may defeat CIM group back in 2000.
And AOL getting a nice pop after reporting better than expected fourth quarter earnings.
Thank -- the street AOL reported a 66%.
Drop in profit rises display advertising helping out deals bottom line.
And that is the latest from the Fox Business that we're giving you the power to --
