If Ambassadors International does not sell assets, get additional financing and/or renegotiate debt obligations, it may be forced to seek bankruptcy protection, the company said in its annual earnings report.

Small-business optimism fell once again, dropping another 1.6 points in March to 81.0, according to the National Federation of Independent Business’s Small Business Optimism Index. The new level is the second lowest in the 35-year history of the survey, and the index has fallen for the last four months.

Small-business optimism fell once again, dropping another 1.6 points in March to 81.0, according to the National Federation of Independent Business’s Small Business Optimism Index. The new level is the second lowest in the 35-year history of the survey, and the index has fallen for the last four months.

Accor reported first quarter 2009 revenue was down 5.8 percent like-for-like. Consolidated revenue for the first three months of 2009 totaled 1.616 billion euros, down 5.8 percent over the same period of 2008 and down 9.6 percent on a reported basis.

Accor reported first quarter 2009 revenue was down 5.8 percent like-for-like. Consolidated revenue for the first three months of 2009 totaled 1.616 billion euros, down 5.8 percent over the same period of 2008 and down 9.6 percent on a reported basis.

AMR reported a first-quarter net loss of $375 million, of $1.35 per share, blaming an economic downturn unseen in decades that put a damper on passenger demand and revenue. The results include the impact of a $13 million charge, or $0.05 per share, to reflect the net present value of future lease payments related to A300 aircraft retirements during the quarter.