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
NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs. The move comes as American Airlines goes the other way, eliminating hot meals on most flights less than 1,000 miles starting Sept. 1.
FRANKFURT, Aug 21- For German car parts maker ZF Friedrichshafen its attempt to buy U.S. rival TRW will take the company to the front of the grid as the race to make cars ever more intelligent and connected splits the industry into those making commoditised components and system providers which put the driver in the back seat.
Delta Air rose$. 98 or 2.5 percent, to $40.52. JetBlue Airways Corp. rose$. 40 or 3.2 percent, to $12.73. Southwest Airlines Co. rose$. 82 or 2.7 percent, to $31.57.
Fluor rose$. 62 or. 8 percent, to $74.29. Foster Wheeler fell$. 28 or. 9 percent, to $32.11. Quanta Services Inc. fell$. 15 or. 4 percent, to $35.17.
NEW YORK— Shares of some top construction companies are mixed at 1 p.m.:. Foster Wheeler fell$. 18 or. 5 percent, to $32.22. Quanta Services Inc. fell$. 14 or. 4 percent, to $35.18.
Delta Air rose$. 86 or 2.2 percent, to $40.40. JetBlue Airways Corp. rose$. 40 or 3.2 percent, to $12.73. Southwest Airlines Co. rose$. 57 or 1.9 percent, to $31.32.
CARACAS, Venezuela— Come to Venezuela and you might get a longer trip than you bargained for. The U.S. Embassy in Caracas issued an advisory Tuesday urging Americans to be careful when traveling to Venezuela because of the steep drop in airline service to the South American country.
Delta Air rose$. 35 or. 9 percent, to $39.89. JetBlue Airways Corp. rose$. 27 or 2.2 percent, to $12.60. Southwest Airlines Co. rose$. 57 or 1.9 percent, to $31.32.
NEW YORK— Shares of some top construction companies are mixed at 10 a.m.:. Foster Wheeler fell$. 18 or. 6 percent, to $32.21. Quanta Services Inc. rose$. 14 or. 4 percent, to $35.46.
KUALA LUMPUR, Aug 20- Malaysia is considering tapping one of its top economic policymakers to lead an overhaul of Malaysia Airlines that aims to transform the troubled carrier into a "premium airline", a newspaper reported on Wednesday.
Delta Air rose$. 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.