• Fracking foes cringe as unions back drilling boom Sunday, 20 Apr 2014 | 1:18 PM ET
    A high pressure gas line crosses over a canal in an oil field over the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of a boom on March 23, 2014 near Lost Hills, Calif.

    Some construction workers and union members in Pennsylvania, Ohio and West Virginia say they're benefiting in a big way from the shale boom

  • Malaysia, Flight 370 relatives talk financial help Sunday, 20 Apr 2014 | 6:27 AM ET

    PERTH, Australia— As the search continued off the coast of Australia for the missing Malaysia Airlines jet, the airline announced another plane bound for India was forced to make an emergency landing early Monday after one of its tires burst on takeoff.

  • Judge says American can't end retiree benefits yet Friday, 18 Apr 2014 | 5:09 PM ET

    DALLAS— A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees. On Friday, U.S. Bankruptcy Court Judge Sean Lane in New York rejected a request made by American's former parent, AMR Corp., for the right to immediately eliminate retiree benefits for former pilots, flight attendants and other union workers.

  • DeFazio tours abandoned mine Superfund site Thursday, 17 Apr 2014 | 7:52 PM ET

    DeFazio, D- Ore., said the Formosa Mine, which is on federal and private land outside Riddle, illustrates what is wrong about the 1872 Mining Act: the Canadian companies that reopened the mine in the 1990 s have disappeared; the bond put up for cleanup was nowhere near enough to cover the true costs; and the federal government never got a penny in royalties.

  • 4th US Navy official charged in bribery scheme Thursday, 17 Apr 2014 | 7:49 PM ET

    SAN DIEGO— A fourth member of the U.S. Navy has been charged with conspiracy to commit bribery in a multimillion-dollar scheme involving a Singapore- based defense contractor accused of providing cash, vacations, electronics and prostitutes in exchange for classified information.

  • Mubadala posts strong profits for Abu Dhabi Thursday, 17 Apr 2014 | 10:28 AM ET

    DUBAI, United Arab Emirates— Abu Dhabi's Mubadala state investment company says profits last year tripled to roughly $395 million on the back of a strong performance from international investments. Mubadala's mandate is to diversify Abu Dhabi's oil-rich economy.

  • Final Glance: Airlines companies Wednesday, 16 Apr 2014 | 6:02 PM ET

    Delta Air rose $1.71 or 5.4 percent, to $33.62. JetBlue Airways Corp. rose$. 49 or 5.9 percent, to $8.80. Southwest Airlines Co. rose$. 64 or 2.8 percent, to $23.54.

  • Final Glance: Construction companies Wednesday, 16 Apr 2014 | 6:02 PM ET

    Fluor rose $1.48 or 2.0 percent, to $77.32. Foster Wheeler rose$. 27 or. 8 percent, to $33.50. Quanta Services Inc. rose$. 51 or 1.4 percent, to $35.83.

  • CEO of regional carrier PSA Airlines to retire Wednesday, 16 Apr 2014 | 1:53 PM ET

    FORT WORTH, Texas— PSA Airlines, which operates regional flights for US Airways, says that its CEO and president will retire and be replaced by the president of US Airways Express. The company said Wednesday that Keith Houk, 66, will retire on Aug. 31 after more than 25 years at PSA Airlines including nine as CEO.

  • Midday Glance: Airlines companies Wednesday, 16 Apr 2014 | 1:30 PM ET

    Delta Air rose $1.03 or 3.2 percent, to $32.95. JetBlue Airways Corp. rose$. 32 or 3.9 percent, to $8.63. Southwest Airlines Co. rose$. 47 or 2.1 percent, to $23.37.

  • Midday Glance: Construction companies Wednesday, 16 Apr 2014 | 1:30 PM ET

    NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 19 or. 6 percent, to $33.42. Quanta Services Inc. rose$. 62 or 1.8 percent, to $35.94.

  • SpaceX will try again Fri. to launch station cargo Wednesday, 16 Apr 2014 | 10:06 AM ET

    CAPE CANAVERAL, Fla.— SpaceX is shooting for another launch attempt Friday to deliver supplies to the International Space Station. NASA confirmed the launch date Wednesday, two days after a last-minute rocket leak delayed the mission. The prime computer has been working fine, but NASA wants to get a new backup installed outside the station as soon as possible.

  • Why high oil prices are actually good for airlines Wednesday, 16 Apr 2014 | 11:01 AM ET

    NEW YORK— Airline executives frequently complain about fuel costs. "Traditionally, it was too easy to start an airline and too difficult to kill one off," says Jamie Baker, an airline analyst with JPMorgan Chase. Last year, they paid an average of $3.03 a gallon, according to the Bureau of Transportation Statistics.

  • Early Glance: Airlines companies Wednesday, 16 Apr 2014 | 10:27 AM ET

    Delta Air rose$. 62 or 1.9 percent, to $32.53. JetBlue Airways Corp. rose$. 21 or 2.5 percent, to $8.52. Southwest Airlines Co. rose$. 16 or. 7 percent, to $23.06.

  • Early Glance: Construction companies Wednesday, 16 Apr 2014 | 10:27 AM ET

    NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 20 or. 6 percent, to $33.43. Quanta Services Inc. rose$. 42 or 1.2 percent, to $35.74.

  • Industrial growth spreads outside US borders     Wednesday, 16 Apr 2014 | 8:40 AM ET

    CNBC's Dominic Chu takes a look at how U.S. companies are profiting from global demand.

  • US home building up in March after frigid winter Wednesday, 16 Apr 2014 | 8:34 AM ET

    WASHINGTON— U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. Builders started work on 946,000 homes at a seasonally adjusted annual rate in March, up 2.8 percent from 920,000 in February, the Commerce Department said Wednesday.

  • WASHINGTON— US home building up in March, led by 6 percent gain in single-family home construction.

  • Ahead of the Bell: US home construction Wednesday, 16 Apr 2014 | 6:27 AM ET

    WASHINGTON— The Commerce Department reports on U.S. home construction in March. BUILDER CONFIDENCE: On Tuesday, the National Association of Home Builders reported that builders' confidence rose slightly in April but remained at a low level.

  • If filed, plane lawsuits might not get heard in US Wednesday, 16 Apr 2014 | 4:34 AM ET

    BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.

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