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  • DUBAI, May 7- Emirates, Dubai's flagship airline, reported a 40 percent jump in annual net profit on Thursday, aided by savings from lower oil prices. The airline, one of the world's largest carriers of international passengers, posted a profit of 4.6 billion dirhams for the financial year to March 31, chairman and chief executive Sheikh Ahmed bin Saeed al-Maktoum...

  • Rome's Fiumicino airport closed due to overnight fire Thursday, 7 May 2015 | 3:18 AM ET

    ROME— Authorities say Rome's Fiumicino international airport is closed due to an overnight fire. Italy's flagship Alitalia airline said in a statement Thursday that all departures have been canceled up to 2 p.m. and that only intercontinental flights will be allowed to land during that period. Alitalia advised all passengers scheduled to fly during those...

  • DUBAI, May 7- Emirates, Dubai's flagship airline, reported a 40 percent jump in annual net profit on Thursday, aided by savings from lower oil prices. The airline, one of the world's largest carriers of international passengers, posted a profit of 4.6 billion dirhams for the financial year to March 31, chairman and chief executive Sheikh Ahmed bin Saeed al-Maktoum...

  • INDIANAPOLIS— Local boards will no longer set minimum wages for public construction projects in Indiana under a law signed Wednesday by Republican Gov. The GOP- backed bill marks a victory for the governor, who has campaigned hard for the measure this session, including through television ads and touts on social media from his campaign committee.

  • PARIS— So you're headed off to a foreign destination with your family, hauling a car seat or similar device for your infant to occupy for the hours-long flight. Suzanne Acton-Gervais, manager for cabin safety at the International Air Transport Association, on Wednesday told an IATA conference on cabin safety in Paris that the body is looking for "harmonization...

  • SpaceX chief executive Elon Musk called it a great outcome, and NASA offered congratulations. "Had there been people on board, they would have been in great shape," Musk said by phone from California, where his company is based. "This flight test unlike any seen in Florida since the days of Apollo," NASA spokesman Mike Curie, the TV commentator for the test, said after the...

  • TEHRAN, Iran— A Marshal Islands-flagged cargo vessel seized by Iranian forces as it was traversing the Strait of Hormuz last month will likely be released in two days, after it pays a fine, Iran's Foreign Ministry spokeswoman said Wednesday. Iranian forces boarded the ship after firing warning shots across the bridge and later took it to Bandar Abbas, the main...

  • Authorities are still puzzling over why Andreas Lubitz, who had suffered from suicidal tendencies and depression in the past, locked the captain out of the cockpit on March 24 and sent Flight 9525 from Barcelona to Duesseldorf straight into a mountain, killing all 150 people on board. The revelation about the earlier flight that day from Duesseldorf to...

  • Air Force Secretary Deborah James last week said the Air Force expects to finalize the terms of the competition by the end of May, and could award contracts for prototypes of new U.S.-fueled launch vehicles as early as September. The current sole launch provider, United Launch Alliance, a joint venture run by Lockheed Martin Corp and Boeing Co, is working on a new...

  • May 5- Southwest Airlines Co said Tuesday that it has reached a tentative agreement with the Transport Workers Union 550, the union that represents its 250 dispatchers who help oversee flight operations. The tentative deal provides "adjusted wage-scale increases" and would extend the dispatchers' contract for four years, the company said in a statement.

  • Sheikh Ahmed bin Saeed Al Maktoum, Emirates' chairman and CEO, said in an interview that several American cities have asked Emirates to launch routes connecting them with its ever-expanding hub in Dubai. He declined to name the potential destinations, citing competitive reasons and confidentiality agreements, but said the Dubai government-backed carrier...

  • May 5- JetBlue Airways Corp and Amazon.com Inc have agreed to stream television, movies and music from the Internet retailer in-flight, broadening travelers' entertainment options, the companies said Tuesday. The service will be available on a majority of JetBlue's aircraft this year via the airline's free Wifi, so passengers can use their laptops and mobile...

  • Granite Construction reports 1Q loss Tuesday, 5 May 2015 | 8:48 AM ET

    WATSONVILLE, Calif. _ Granite Construction Inc. on Tuesday reported a loss of $8.6 million in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 22 cents per share. Granite Construction shares have declined 10 percent since the beginning of the year.

  • WestJet Airlines beats 1Q profit forecasts Tuesday, 5 May 2015 | 6:42 AM ET

    Calgary, Alberta _ WestJet Airlines Ltd. on Tuesday reported first-quarter profit of $111.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. WestJet Airlines shares have dropped 16 percent since the beginning of the year.

  • Its operating loss of 167 million euros compared with a 240 million-euro deficit a year ago. Once everything is accounted for, Lufthansa said Tuesday that it returned to profit during the period thanks to a 503 million-euro one-off gain as the airline accounted for realized gains on shares in U.S. airline JetBlue. Net profit came in at 425 million euros, an...

  • Brazil weighs investigating ex-leader Silva Monday, 4 May 2015 | 4:21 PM ET

    RIO DE JANEIRO— Federal prosecutors in Brazil confirmed Monday that they are weighing whether to open a full investigation into former President Luiz Inacio Lula da Silva's alleged overseas lobbying efforts for the scandal-plagued construction firm Odebrecht, the nation's biggest builder. In an emailed statement, the federal prosecutors' office said it...

  • DES MOINES, Iowa— Iowa's executive branch agreed Monday to pay an additional $7 million to a key contractor that worked on the state's new prison, avoiding litigation in one dispute arising from the long-delayed project. The State Appeals Board approved the settlement with Walsh Construction, which was selected in 2010 as general contractor for the new 800-...

  • The Department of Transportation said Monday that airlines collected $3.5 billion in bag fees last year, a 5 percent increase over 2013, and $3 billion in reservation-change fees, a 6 percent hike. Southwest still lets customers check two bags or change a reservation for free; it gets 95 percent of revenue from the ticket price. Charlie Leocha of the Consumer...

  • VANCOUVER, British Columbia— A U.S. passenger flight has made an emergency landing at Vancouver International Airport. Alaska Airlines Flight 76 was en route from Juneau, Alaska to Seattle, Washington, when problems arose with one of the plane's two electrical systems. The Boeing 737-400 touched down in Vancouver shortly before 5 p.m. local time on Sunday.

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...