'Soft patch' not so soft, as US economic growth is revised higher (AFP) AFP - The US economy's  quot;soft patch quot; was not as weak as initial estimates, according to government data showing a 3.3 percent pace of expansion in the second quarter.
Report: US Airways Seeks Union Pay Cut  NEW YORK (Reuters) - Bankrupt airline US Airways will ask a  bankruptcy court judge to impose emergency pay cuts of 23  percent on its major unions, the New York Times reported late  on Thursday.