Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
July 30- Two airline trade groups asked a U.S. appeals court on Wednesday to review fee increases on airplane tickets imposed by the Transportation Security Administration, saying the agency is "improperly" raising taxes on travelers and hurting carriers.
Fluor rose$. 44 or. 6 percent, to $75.04. Foster Wheeler fell$. 17 or. 5 percent, to $33.40. Quanta Services Inc. rose$. 52 or 1.5 percent, to $34.97.
Delta Air rose$. 16 or. 4 percent, to $37.84. JetBlue Airways Corp. rose$. 02 or. 2 percent, to $11.08. Southwest Airlines Co. rose$. 13 or. 5 percent, to $28.84.
The ruling rejected claims made in 2012 by Maher Terminals that the Port Authority charged excessive and discriminatory fees. Maher Terminals has operated at the Elizabeth-Port Authority Marine Terminal for more than 60 years and leases a 445- acre terminal from the Port Authority that it uses to load and unload cargo containers.
WASHINGTON— Federal investigators looking for fraud in the nation's capital are scrutinizing a program meant to give local contractors a share of major construction projects, people familiar with the probe have told The Associated Press. Three people in contact with investigators say the FBI and the U.S.
Delta Air rose$. 08 or. 2 percent, to $37.76. JetBlue Airways Corp. fell$. 04 or. 4 percent, to $11.02. Southwest Airlines Co. rose$. 10 or. 3 percent, to $28.81.
BAGHDAD— European airlines and a Dubai- based carrier are rerouting flights over Iraqi airspace as a security precaution amid fears that militants with the Islamic State group have weapons capable of shooting down planes, despite Iraq saying its skies are safe.
PHOENIX— Authorities in Phoenix say a passenger has died on a US Airways flight to Phoenix from Honolulu after a suffering an unknown medical emergency. Sky Harbor spokeswoman Julie Rodriguez says the flight was US Airways 693. It left Honolulu on Tuesday night and arrived in Phoenix shortly after 7 a.m. Wednesday.
Delta Air rose$. 06 or. 2 percent, to $37.74. JetBlue Airways Corp. rose$. 11 or. 9 percent, to $11.17. Southwest Airlines Co. rose$. 14 or. 5 percent, to $28.84.
NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Foster Wheeler fell$. 31 or. 9 percent, to $33.27. Quanta Services Inc. rose$. 04 or. 1 percent, to $34.49.
PARIS— European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes. Airbus competes fiercely with Chicago- based Boeing Co. in the global market for large civilian aircraft.
Westport Petroleum Inc, the Franklin, Tennessee- based shipping arm of Japanese trader Mitsui& Co, chartered the BW Zambesi, an LR1 tanker, also known as a Panamax class vessel, in mid-July for the voyage. The tanker, owned by BW Group, docked at the Galveston terminal in Texas on Tuesday, AIS data on Reuters showed.
*Says impact on Yamal LNG of sanctions on Russia still uncertain. PARIS, July 30- Total has stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine, but that it is still too early to gauge the impact of new sanctions against Russia, the French oil major's top revealed with its second quarter results on Wednesday.
SINGAPORE, July 30- Boeing has this year raised by 7 percent its forecast for global demand for commercial airline pilots to 533,000 over the next 20 years, citing rising deliveries of aircraft and buoyant demand from the Asia Pacific. In June, Boeing said that airlines are projected to order 36,800 new planes worth $5.2 trillion over the next 20 years.
WASHINGTON— Racing to adjourn for the summer, the Senate scheduled major votes Tuesday on proposals to keep federal highway funds flowing across the nation— billions of dollars to avert layoffs for construction workers and shutdowns of road and bridge projects just before the November elections.
*Adecco, Randstad seen benefiting from subsidies, auto sector. LONDON, July 29- Despite high unemployment, weak economic growth and complex labour laws, France is offering an unlikely glimmer of hope to beaten-down staff recruitment firms such as Adecco and Randstad.
BEIJING, July 29- Military drills are a new headache for China Eastern Airlines Corp and other Chinese carriers, causing hundreds of flight delays and cancellations as they grapple with a sharp decline in earnings. The delays could affect flights until mid-August, Beijing's Public Security Bureau said last week.
BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.
TORONTO, July 29- Lifted by strong demand and market-beating quarterly results, WestJet Airlines Ltd on Tuesday laid out growth plans including increased capacity and new turboprops for its regional carrier.
HOUSTON/ LONDON, July 29- U.S. authorities were set on Tuesday to seize a cargo of crude worth more than $100 million from Iraqi Kurdistan anchored off the Texas coast after a judge approved a request from Baghdad, raising the stakes in an oil sales dispute between Iraq's central government and the autonomous region.