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  • Railroad regulator vows to enforce Dec. 31 safety deadline Wednesday, 24 Jun 2015 | 12:21 PM ET

    Sarah Feinberg, acting chief of the Federal Railroad Administration, told a House subcommittee that she sympathizes with railroad officials who have said they are unlikely to meet the congressionally mandated deadline. But Feinberg said that unless Congress acts to extend the deadline, she has no choice but to require railroads to install a technology...

  • June 24- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected jump in quarterly profit as it sold more homes at higher prices across the United States, especially in the West and Southeast Florida markets. Homebuilders Meritage Homes Corp, KB Home, PulteGroup Inc, D.R. Horton Inc and many of the sector's other stocks were trading 1-3...

  • New York University study projects single-contract savings Wednesday, 24 Jun 2015 | 10:22 AM ET

    ALBANY, N.Y.— A report from New York University on Wednesday projected major savings from combining contracts to design and build public works, citing savings from the approach already in use on the new Tappan Zee Bridge. NYU's Rudin Center for Transportation Policy and Management said 41 states use so-called design-build for most public construction, while...

  • WARSAW, June 24- Polish prosecutors are looking into whether the outage which grounded dozens of jets operated by Polish airline Lot at Warsaw's main airport on Sunday may have been caused by a computer system error, a spokesman for the Warsaw prosecutor's office said on Wednesday. The prosecutor's spokesman said computer error was one of the versions being...

  • June 24- Lennar Corp, the second-largest U.S. homebuilder, reported a better-than-expected 33 percent jump in quarterly profit as it sold more homes at higher prices. New home orders climbed about 18 percent in the second quarter ended May 31, compared with a year earlier, Lennar said, and grew at about the same pace as in the first quarter. Net income attributable to...

  • Boeing Co. declined to comment on the lawsuit, which was filed in an Illinois state court in Chicago. In 2011, Boeing settled a case brought by an American Airlines flight attendant; terms were sealed. In April, a British coroner reported that samples from a British Airways pilot who died in 2012 were "consistent with exposure" to toxic fumes in cabin air.

  • ROCHESTER, N.Y.— Nevada- based Allegiant Air says it will start non-stop service from Rochester to Fort Lauderdale, Florida, this fall. The discount air carrier owned by Allegiant Travel Co. and Monroe County officials announced the new service Tuesday at Rochester International Airport. Allegiant also offers service to Florida from upstate New York airports...

  • WASHINGTON— Purchases of new U.S. homes surged in the Northeast and West in May, as steady job growth over the past year has lifted the real estate sector. The Commerce Department said Tuesday that new-home sales rose 2.2 percent last month to a seasonally adjusted annual rate of 546,000, the strongest pace since February 2008. "The robust demand in the housing...

  • *Qatar plans $200 billion in infrastructure spending. *Qatar has sidelined less essential projects. "Qatar has mothballed a lot of vanity projects," said a source at a construction company operating in Qatar who spoke on condition of anonymity.

  • WELLINGTON, New Zealand— All of New Zealand's international and domestic flights were temporarily grounded Tuesday afternoon after authorities reported that the nationwide radar system had failed. Airways New Zealand, which provides navigational services, wrote on Twitter that it experienced a radar failure at about 2:48 p.m.. National carrier Air New...

  • June 23- JetBlue Airways Corp on Tuesday said it will add its premium "Mint" class to transcontinental flights from Boston, the first new city for a service that JetBlue credits with helping it steal share from competitors. JetBlue will offer Mint service, the airline's answer to first and business class, on flights from Boston to San Francisco starting March 2016...

  • RIO DE JANEIRO— Brazil's prosecutors investigating a big kickback scandal at state-run oil company Petrobras said Monday that they are asking U.S. authorities for help in building their case. Brazilian prosecutors say the Petrobras case involves hundreds of millions in kickbacks paid by Brazil's biggest construction and engineering firms to former...

  • J.P. Morgan analyst Jamie Baker said Monday he would expect bullish sentiment after recent events including Southwest scaling back its plan to increase passenger-carrying capacity. In late trading, shares of American Airlines Group Inc. were up $1.41, or 3.4 percent, to $42.97; United Continental Holdings Inc. was up $1.59, or 3 percent, to $54.84; Delta Air...

  • That's the highest amount for the first quarter since bag fees started in 2008, according to data from the Bureau of Transportation Statistics. And more passengers are now subject to those fees, which can be as high as $200 per bag. For instance, United Airlines recently reduced the number of bags some elite frequent fliers can check for free.

  • MOSCOW— The Russian state-controlled company building the country's new space center has dismissed a sub-contractor after it failed to pay wages to more than 80 workers, leading them to go on strike to call attention to their plight. The problems are just the latest to befall the construction of the Vostochny Cosmodrome, which will give Russia its own facility...

  • HONG KONG, June 22- China Aircraft Leasing Group Holdings, the CEO of which quit while on leave last week, issued a statement on Monday announcing that it has delivered an Airbus A320-200 aircraft to Sichuan Airlines. Shares in Asia's only listed aircraft leasing company had plunged by nearly a fifth to a record low on Friday after CEO Poon Ho Man's departure but...

  • *Flight attendants' union threatens strike from July 1. FRANKFURT, June 22- German airline Lufthansa faces a June 30 deadline to make concessions to cabin crew over pay and pensions or suffer further strikes that would compound the effects of a costly dispute with its pilots. The UFO flight attendants' union said on Monday its members would strike on July 1 if an...

  • Polish airline cancels flights after hacker attack Sunday, 21 Jun 2015 | 3:58 PM ET

    WARSAW, Poland— Poland's LOT airline has been forced to cancel around 10 foreign and domestic flights after hackers attacked its computers. Airline spokesman Adrian Kubicki said the hacker attack temporarily paralyzed LOT's computers at Warsaw's Frederic Chopin airport on Sunday, disrupting the processing of passengers for the flights.

  • On Monday, the National Association of Realtors is expected to report strong growth in existing home sales for May. On Wednesday, Lennar, the No. 2 U.S. homebuilder is expected to report that it had a strong second quarter. Construction materials supplier Vulcan Materials has risen 35.8 percent so far this year and home improvement and building products firm...

  • June 19- Delta Air Lines Inc and Southwest Airlines Co have scheduled overlapping flights from identical gates at Love Field in Dallas, creating potential havoc for customers as a gate-sharing agreement between the carriers is set to expire and a court battle looms over slots at the airport. Dallas had responded Wednesday by suing the federal agency for...