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  • STOCKHOLM— Lufthansa could face "unlimited" compensation claims for the crash that killed 150 people in the French alps and it would be difficult, even counterproductive, for the German carrier to try to avoid liability, experts said Friday. "So more or less you will have unlimited financial damage," said Marco Abate, a German aviation lawyer. To avoid liability, a...

  • Business events scheduled for the coming month Friday, 27 Mar 2015 | 1:21 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for March, 10 a.m.; Commerce Department releases construction spending for February, 10 a.m.. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.; Commerce Department releases international trade data for February, 8:30 a.m.; Commerce Department releases...

  • Spain's 2014 budget deficit below that set by EU Friday, 27 Mar 2015 | 10:34 AM ET

    MADRID— Spain says its budget deficit in 2014 ended up slightly above its target but below that sought by the European Union. Finance Minister Cristobal Montoro said Friday the country's deficit amounted to 5.7 percent of Spain's GDP. Spain has pledged to get it down to 2.8 percent in 2016— below the 3 percent rule for countries that use the euro.

  • DUESSELDORF, Germany, March 27- German authorities found torn-up sick notes showing that the pilot who crashed a plane into the French Alps was suffering from an illness that should have grounded him on the day of the tragedy, which he apparently hid from the airline. French prosecutors believe Andreas Lubitz, 27, locked himself alone in the cockpit of the...

  • DUESSELDORF, Germany, March 27- The pilot who crashed a plane in the French Alps had received a sick note from doctors showing he suffered a health condition that would have prevented him flying the day of the crash, which he apparently hid from his employer, German prosecutors said. "Documents with medical contents were confiscated that point towards an existing...

  • European air authority recommends 2 crew in cockpit Friday, 27 Mar 2015 | 7:37 AM ET

    COPENHAGEN, Denmark— The European Union's aviation safety agency recommended Friday that airlines always have two people in the cockpit of a flying aircraft after it emerged that the co-pilot of Germanwings Flight 9525 had apparently locked himself in alone to crash the plane. Before the recommendation, Lufthansa said it would move to the two-person rule "as...

  • MONTABAUR, Germany— Germanwings co-pilot Andreas Lubitz appeared happy and healthy to acquaintances, but a picture emerged Friday of a man who hid evidence of an illness from his employers— including a torn-up doctor's note that would have kept him off work the day authorities say he crashed Flight 9525 into an Alpine mountainside. Searches conducted at...

  • A church service in honor of the victims has been held in Duesseldorf, where the Germanwings plane was headed when it crashed into a French mountain, killing all 150 people aboard Tuesday. Detlev Toonen, a Lutheran priest based at Duesseldorf airport who has been counseling relatives of the crash victims, says "the church... wants to show solidarity with the...

  • WASHINGTON— There is little effective, real-world screening of airline pilots for mental problems despite regulations in the U.S., Europe and elsewhere that say mental health should be part of their regular medical exams, pilots and safety experts said. Authorities believe the 27- year-old German deliberately sought to destroy the Airbus A320 as it flew...

  • PARIS/ SEYNE-LES-ALPES, March 26- A young German co-pilot barricaded himself alone in the cockpit of Germanwings flight 9525 and apparently set it on course to crash into an Alpine mountain, killing all 150 people on board including himself, French prosecutors said on Thursday. They offered no motive for why Andreas Lubitz, 27, would take the controls of the...

  • BOGOTA, Colombia— A lawyer for a fugitive Colombian millionaire at the center of the South American nation's biggest financial scandal says his client has been arrested in Spain. Attorney Ivan Cancino tells The Associated Press that former investment executive Victor Maldonado was captured Thursday in Madrid. Maldonado was the largest shareholder of...

  • *Named as Andreas Lubitz, a German citizen. After listening to "black box" voice recordings, French prosecutors left no doubt that they believe 28- year-old Andreas Lubitz was in control of the Airbus A320 and set it on its fatal descent. Prosecutors in the German city of Duesseldorf said police were searching his home for evidence.

  • MADRID/ MILAN March 26- The euro zone credit cycle is a whisker away from turning positive but don't expect a rapid recovery. Bank lending to the private sector fell 0.1 percent in February, data from the European Central Bank showed on Thursday, dashing expectations for an increase but inching ever closer to positive growth after nearly three years of...

  • *Named as Andreas Lubitz, a German citizen. Investigators and grieving relatives were left struggling to explain what motivated Andreas Lubitz, 28, to kill all 150 people on board the Airbus A320, including himself, in Wednesday's crash in the French Alps. He refused to re-open the door and sent plane into its fatal descent, Marseille prosecutor Brice Robin said.

  • *Named as Andreas Lubitz, a German citizen. Andreas Lubitz gained sole control of the aircraft after the captain left the cockpit, refused to re-open the door and appears to have operated controls, sending the plane into its fatal descent, Marseille prosecutor Brice Robin said. He did this "for a reason we cannot fathom right now but which looks like intent to...

  • *Named as Andreas Lubitz, a German citizen. PARIS/ SEYNE-LES-ALPES, March 26- The co-pilot of the Germanwings airliner that crashed in the French Alps killing all 150 people aboard appears to have brought the A320 Airbus down deliberately, the Marseille prosecutor said on Thursday. German Andreas Lubitz, 28, left in sole control of the Airbus A320 after the...

  • SEYNE-LES-ALPES/ PARIS, March 26- Just one of the two pilots of the Germanwings airliner that crashed in the French Alps was in the cockpit at the time it went down, a German state prosecutor said on Thursday. The statement came after the New York Times reported that "black box" recordings showed one of the pilots had left the cockpit and could not get back in before the...

  • *One of two pilots locked out of cockpit- New York Times. *Lufthansa says it has no information on Times report. SEYNE-LES-ALPES/ PARIS, March 26- Cockpit voice recordings from the German jet that crashed in the Alps showed one of the pilots left the cockpit and could not get back in before the plane went down, killing everyone onboard, the New York Times reported.

  • In Washington, U.S. State Department spokesman Jeff Rathke identified Robert Oliver as the third American citizen killed in the crash. He provided no further details Thursday, but Oliver's parents told Spain's La Sexta television channel their son lived in Barcelona and worked for the Desigual clothing company based in Spain's second-largest city.

  • PARIS— Passengers with moments to live screamed in terror and the pilot frantically pounded on the locked cockpit door as a 27- year-old German co-pilot deliberately and wordlessly smashed an Airbus carrying 150 people into an Alpine mountainside. "We have no idea of the reason," Marseille Prosecutor Brice Robin said, revealing the chilling conclusions...