FedEx is increasing rates in North America for express, ground and freight services effective Jan. 5.» Read More
TORONTO, Sept 18- Air Canada said on Thursday it will start charging some economy passengers for their first checked bag on flights within Canada and to the Caribbean and Mexico, days after rival WestJet Airlines Ltd introduced a similar fee.
WASHINGTON— U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly. Construction fell 14.4 percent in August to a seasonally adjusted annual rate of 956,000 homes, the Commerce Department said Thursday.
WASHINGTON, Sept 18- U.S. housing starts and permits fell in August, but upward revisions to the prior month's data suggested the housing market continued to gradually improve. Groundbreaking declined 14.4 percent to a seasonally adjusted annual 956,000- unit pace, the Commerce Department said on Thursday.
The Newport Daily News reports that the U.S. Environmental Protection Agency announced Wednesday it approved plans to clean up the former Robert E. Derecktor Shipyard site on Naval Station Newport property in Middletown. While EPA will oversee the remedies, the field work will be conducted and paid for by the Navy and its contractors.
WASHINGTON— The Commerce Department reports on U.S. home construction in August. The report will be released Thursday at 8:30 a.m. Eastern. STARTS DOWN: Economists forecast that housing starts fell 5.3 percent in August to a seasonally adjusted annual rate of 1.04 million, according to a survey by data firm FactSet.
CLEVELAND— The Port of Cleveland will soon have a second freighter traversing the Atlantic Ocean. Despite financial losses on its freighter to Europe, the Cleveland- Cuyahoga County Port Authority has reached an agreement with its Dutch partner to add a second ship to the trans-Atlantic service.
BRUSSELS— The European Union's highest court says airlines are allowed to charge passengers an extra fee for checking in luggage. Luggage surcharges coming on top of cheap airfares are common with Europe's burgeoning budget airlines such as Ryanair and Easyjet.
CAPE CANAVERAL, Fla., Sept 17- Boeing Co's proposal to develop a so-called space taxi for NASA astronauts includes a seat for paying tourists to fly to the International Space Station, the company's program manager said on Wednesday, a first for a U.S. space program.
NEW YORK— Shares of some top construction companies were mixed at the close of trading:. Foster Wheeler fell$. 03 or. 1 percent, to $31.26. Quanta Services Inc. rose$. 19 or. 5 percent, to $36.98.
Delta Air fell$. 58 or 1.5 percent, to $38.94. JetBlue Airways Corp. fell$. 22 or 1.9 percent, to $11.20. Southwest Airlines Co. fell$. 10 or. 3 percent, to $34.43.
Delta Air fell$. 57 or 1.4 percent, to $38.95. JetBlue Airways Corp. fell$. 18 or 1.5 percent, to $11.24. Southwest Airlines Co. fell$. 26 or. 7 percent, to $34.28.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 11 or. 4 percent, to $31.40. Quanta Services Inc. rose$. 12 or. 3 percent, to $36.91.
NEW YORK, Sept 17- Housing stocks were solidly outperforming the broader market in the early stages of trading on Wednesday, in the wake of earnings from homebuilder Lennar Corp and upbeat data on the housing market.
Delta Air fell$. 01 or percent, to $39.51. JetBlue Airways Corp. rose$. 06 or. 5 percent, to $11.47. Southwest Airlines Co. fell$. 07 or. 2 percent, to $34.46.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 19 or. 6 percent, to $31.48. Quanta Services Inc. rose$. 44 or 1.2 percent, to $37.23.
U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday rose this month to 59, up four points from August.
groaned Stephanie Leon, parking a palm on her forehead in distress as she walked into Charles de Gaulle airport and saw the departures board: Her Air France flight to the Dominican Republic had been cancelled.
Sept 17- Lennar Corp, the second largest U.S. homebuilder, reported a higher-than-expected quarterly profit as it sold more homes at higher prices, and its shares rose about 6 percent in premarket trading.
Delta Air rose$. 32 or. 8 percent, to $39.52. JetBlue Airways Corp. rose$. 16 or 1.4 percent, to $11.42. Southwest Airlines Co. rose$. 67 or 2.0 percent, to $34.53.
Fluor fell$. 10 or. 1 percent, to $69.65. Foster Wheeler fell$. 12 or. 4 percent, to $31.29. Quanta Services Inc. rose$. 25 or. 7 percent, to $36.79.