CNBC's Kayla Tausche discusses the government's "bonus depreciation" program that allowed industrial companies to write off up to half the value of new equipment.» Read More
KUALA LUMPUR, Aug 20- Malaysia is considering tapping one of its top economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a "premium airline", a newspaper reported on Wednesday.
Delta Air rose$. 03 or. 1 percent, to $39.54. JetBlue Airways Corp. rose$. 05 or. 4 percent, to $12.33. Southwest Airlines Co. fell$. 01 or percent, to $30.75.
Fluor fell$. 31 or. 4 percent, to $73.67. Foster Wheeler fell$. 07 or. 2 percent, to $32.39. Quanta Services Inc. rose$. 17 or. 5 percent, to $35.32.
Delta Air rose$. 12 or. 3 percent, to $39.63. JetBlue Airways Corp. rose$. 08 or. 7 percent, to $12.36. Southwest Airlines Co. fell$. 03 or. 1 percent, to $30.73.
BERLIN— A World War II bomb found Tuesday next to a highway near Frankfurt airport was disposed of in a controlled explosion, causing some disruption to flight operations. A stretch of the A3 highway near Offenbach, outside Frankfurt, was closed Tuesday after the 500- kilogram British bomb was found.
BERLIN, Aug 19- Deutsche Bahn is suing airlines in the United States for operating a price-fixing cartel affecting its freight business between 1999-2006, the German transport company told Reuters.
WASHINGTON— U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7 percent in July to a seasonally adjusted annual rate of 1.09 million homes, the Commerce Department reported Tuesday.
WASHINGTON— The Commerce Department reports on U.S. home construction in July. The report will be released at 8:30 a.m. Eastern time Tuesday. The National Association of Home Builders/Wells Fargo builder sentiment index rose in August to 55, up two points from a revised 53 for July.
A.P. Moller-Maersk, which investors monitor as a bellwether for world trade, lifted Tuesday its earnings outlook on the back of an increase in freight volumes, a promising development at a time when a major economy like China is slowing and much of Europe remains stagnant.
WASHINGTON— The Federal Aviation Administration has issued a notice barring flights of U.S. planes over Syria, citing extremist groups equipped with anti-aircraft weapons that could pose a serious threat. The FAA said opposition groups in Syria have successfully shot down Syrian military aircraft.
The FAA had previously warned American carriers to avoid flying over Syria. "The ongoing armed conflict and volatile security environment in Syria poses a serious potential threat to civil aviation," the FAA said in a statement. The FAA also said "opposition elements" had warned civilian airlines not to provide service to Syria.
Aug 18- The U.S. Federal Aviation Administration has barred all American airlines from flying over Syria, saying the ongoing armed conflict and volatile security environment poses a "serious potential threat" to civil aircraft.
Fluor rose $1.73 or 2.4 percent, to $73.98. Foster Wheeler rose$. 24 or. 7 percent, to $32.46. Quanta Services Inc. rose$. 56 or 1.6 percent, to $35.15.
Delta Air rose$. 98 or 2.5 percent, to $39.51. JetBlue Airways Corp. rose$. 37 or 3.1 percent, to $12.28. Southwest Airlines Co. rose $1.06 or 3.6 percent, to $30.82.
Delta Air rose $1.11 or 2.9 percent, to $39.64. JetBlue Airways Corp. rose$. 29 or 2.4 percent, to $12.20. Southwest Airlines Co. rose$. 80 or 2.7 percent, to $30.56.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 14 or. 4 percent, to $32.36. Quanta Services Inc. rose$. 52 or 1.5 percent, to $35.11.
U.S. homebuilders are feeling more confident in their sales prospects headed into next year, a sign that home construction and sales of newly built homes may pick up after stalling this summer. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose this month to 55, up two points from a revised reading of 53 in July.
NAIROBI, Aug 16- Kenya Airways will suspend flights to Liberia's capital Monrovia and Sierra Leone's capital Freetown due to the Ebola outbreak in West Africa, the company said on Saturday. The suspension of the flights will start at midnight on Tuesday Aug. 19, Kenya Airways said in a statement.
Delta Air rose$. 13 or. 3 percent, to $38.53. JetBlue Airways Corp. rose$. 11 or. 9 percent, to $11.91. Southwest Airlines Co. rose$. 01 or percent, to $29.76.
Fluor fell$. 78 or 1.1 percent, to $72.25. Foster Wheeler fell$. 04 or. 1 percent, to $32.22. Quanta Services Inc. fell$. 37 or 1.1 percent, to $34.59.