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BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

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US Airways says budget cuts hurt March revenue

A U.S. Airways jet departs Washington's Reagan National Airport next to American Airlines jets outside Washington, February 25, 2013. REUTER
A U.S. Airways jet departs Washington's Reagan National Airport next to American Airlines jets outside Washington, February 25, 2013. REUTER

(Reuters) - US Airways Group said on Wednesday that federal budget cuts likely hurt a key revenue measure in March because of reduced last-minute demand for flights.

The carrier said unit revenue, a measure of pricing power and how full planes are, was flat in the month compared with a year earlier. US Airways added that result was lower than expected for March, and cited "reduced close-in demand believed to be driven largely by the sequester."

On Tuesday, Delta Air Lines cut its first-quarter forecast for unit revenue, which is also known as passenger revenue per available seat mile.

Delta had also said March unit revenue fell short of its expectations, citing lower-than-expected bookings due to automatic budget cuts mandated by sequestration and reduced demand as a result of attempts to raise prices.

US Airways, which plans to merge with AMR Corp's American Airlines to create the world's biggest carrier, said consolidated traffic rose 5.2 percent in March as the number of passengers boarded rose 4.1 percent.

Load factor, or the percentage of seats filled, improved to 85.6 percent from 84 percent a year earlier.

Shares of US Airways were down 0.4 percent to $15.67 in morning trading.

(Reporting by Karen Jacobs; Editing by Nick Zieminski)

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