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  • Early Glance: Construction companies Thursday, 26 Feb 2015 | 10:35 AM ET

    NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Fluor fell$. 36 or. 6 percent, to $58.83. Quanta Services Inc. fell$. 20 or. 7 percent, to $28.94.

  • KUALA LUMPUR, Malaysia— Southeast Asia's top budget carrier, AirAsia, said Thursday it suffered a net loss of 428.51 million ringgit in the quarter ending in December, hit by higher costs and a weaker currency. "We have seen the competition becoming more rational in the second half of 2014," AirAsia Chief Executive Tony Fernandes said in a statement.

  • Brazil's government told truckers and transport companies late Wednesday it would extend a year of free financing for vehicles from a state development bank, keep diesel prices unchanged for six months, and help truckers and transport companies work out a framework for setting freight rates. The strike has disrupted food and fuel supplies in at least 10 of...

  • It is still unclear whether the late night offer will satisfy the strikers, whose actions have disrupted food and fuel supplies in 10 of Brazil's 26 states. Highway operator Rota do Oeste in Brazil's top soybean state of Mato Grosso, where the strike started, said truckers are expected to maintain road blockages through the night. The truckers' strike has added to...

  • United Airlines warns pilots after four safety incidents Wednesday, 25 Feb 2015 | 6:55 PM ET

    Feb 25- United Continental Holdings Inc warned its pilots last month to double down on safety procedures after one flight was in danger of crashing and another landed with fewer fuel reserves than regulations require, the airline confirmed Wednesday. The Chicago- based carrier cited four recent "safety events and near-misses" in a Jan. 9 bulletin to pilots,...

  • UN: North Korean company renames ships to evade sanctions Wednesday, 25 Feb 2015 | 5:47 PM ET

    The effort by Pyongyang-headquartered Ocean Maritime Management Company, Ltd. is detailed in the report by a panel of experts that monitors sanctions on North Korea. The U.N. Security Council holds consultations Thursday on the report, which also says North Korea's government persists with its nuclear and missile programs in defiance of council...

  • Agriculture Minister Katia Abreu said after a meeting with truckers in Brasilia on Wednesday afternoon that she was confident both sides would reach agreement. Truckers and transport companies failed to reach an agreement over freight rates by the end of the government-led talks Wednesday evening, said Blairo Maggi, a prominent senator from the leading...

  • Midday Glance: Airlines companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    Delta Air fell$. 97 or 2.0 percent, to $47.06. JetBlue Airways Corp. fell$. 38 or 2.1 percent, to $17.69. Southwest Airlines Co. fell$. 93 or 2.1 percent, to $44.42.

  • Midday Glance: Construction companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    NEW YORK— Shares of some top construction companies are down at 1 p.m.:. Fluor fell$. 44 or. 7 percent, to $58.81. Quanta Services Inc. fell$. 04 or. 1 percent, to $29.00.

  • Early Glance: Airlines companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    Delta Air fell$. 03 or. 1 percent, to $48.00. JetBlue Airways Corp. rose$. 13 or. 7 percent, to $18.20. Southwest Airlines Co. fell$. 42 or. 9 percent, to $44.93.

  • Early Glance: Construction companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    NEW YORK— Shares of some top construction companies are down at 10 a.m.:. Fluor fell$. 33 or. 6 percent, to $58.92. Quanta Services Inc. fell$. 11 or. 4 percent, to $28.93.

  • WASHINGTON— CORRECTS: US new home sales fell 0.2 percent in January; housing market off to slow start.

  • US new home sales fall slightly in January Wednesday, 25 Feb 2015 | 10:00 AM ET

    The Commerce Department said Wednesday that new home sales slipped 0.2 percent last month to a seasonally adjusted annual rate of 481,000. This marks a slight decrease from sales of 482,000 homes in December, but represents a solid 5.3 percent gain from a year ago when harsh winter weather caused home-buying to stall. "Activity for the rest of the year is likely...

  • PARIS, Feb 25- The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. He was responding to allegations of trade-distorting Gulf subsidies made by the three largest U.S. airlines, Delta Air Lines, American Airlines and United Airlines.

  • Protest by Brazilian truckers grows, creating shortages Wednesday, 25 Feb 2015 | 8:54 AM ET

    SAO PAULO— Weeklong protests by Brazilian truckers demanding lower fuel and toll prices have spread, causing shortages of gasoline and other products. The Transportation Ministry's press office said Wednesday that truck drivers are blocking roads in 10 states and television stations broadcast images showing long lines of cars at gas stations that were...

  • Ahead of the Bell: US new-home sales Wednesday, 25 Feb 2015 | 6:36 AM ET

    WASHINGTON— The Commerce Department reports January sales of new homes Wednesday at 10 a.m. Eastern. FEWER SALES: Economists expect a 2.3 percent drop in new-home sales to a seasonally adjusted annual rate of 470,000, according to a survey by data the firm FactSet. That would be a slight pullback from December's pace of 481,000..

  • Republic Airways posts 4Q profit Wednesday, 25 Feb 2015 | 5:03 AM ET

    INDIANAPOLIS _ Republic Airways Holdings Inc. on Wednesday reported fourth-quarter net income of $11.7 million. The parent of Chautauqua Airlines, Republic Airlines and Shuttle America posted revenue of $345.2 million in the period. Republic Airways shares have increased roughly 3 percent since the beginning of the year.

  • DALLAS— Federal officials have agreed to let Southwest Airlines Co. keep flying planes that missed an inspection of a backup rudder system if the planes are checked in the next five days. Southwest spokeswoman Brandy King said the groundings caused the airline to cancel about 80 flights Tuesday and 15 more by late Wednesday morning. The FAA acted after talking...

  • ISTANBUL, Feb 25- Turkey's flag carrier Turkish Airlines said on Wednesday it plans about $3.74 billion worth of investment this year, including spending plans by its subsidiaries.

  • Feb 25- Southwest Airlines Co said it pulled 128 aircraft out of service on Tuesday after it discovered that they were overdue for a required check of the standby hydraulic system that serves as a back up to the planes' primary systems. "Once identified, Southwest immediately and voluntarily removed the affected aircraft from service, initiated maintenance...