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
Sept. 2007: Revel Entertainment and partner Morgan Stanley file plans for a new casino and 3,800 hotel rooms. July 31, 2008: A plane crash in Minnesota kills three executives of Revel Entertainment and its builder, Tishman Construction.
Fluor rose$. 79 or 1.1 percent, to $73.00. Foster Wheeler rose$. 57 or 1.8 percent, to $32.41. Quanta Services Inc. rose$. 87 or 2.6 percent, to $34.64.
Delta Air rose$. 45 or 1.2 percent, to $36.69. JetBlue Airways Corp. rose$. 28 or 2.4 percent, to $11.74. Southwest Airlines Co. rose$. 36 or 1.3 percent, to $28.64.
Delta Air rose$. 57 or 1.6 percent, to $36.81. JetBlue Airways Corp. rose$. 35 or 3.1 percent, to $11.81. Southwest Airlines Co. rose$. 42 or 1.5 percent, to $28.70.
NEW YORK— Shares of some top construction companies are up at 1 p.m.:. Foster Wheeler rose$. 62 or 1.9 percent, to $32.46. Quanta Services Inc. rose $1.23 or 3.6 percent, to $34.99.
NEW YORK— Shares of some top construction companies are up at 10 a.m.:. Foster Wheeler rose$. 65 or 2.0 percent, to $32.49. Quanta Services Inc. rose $1.00 or 3.0 percent, to $34.77.
Delta Air rose$. 25 or. 7 percent, to $36.49. JetBlue Airways Corp. rose$. 14 or 1.2 percent, to $11.60. Southwest Airlines Co. rose$. 18 or. 6 percent, to $28.46.
AMSTERDAM— Dutch officials said Monday they will push ahead with both an investigation into the cause of Malaysia Airlines Flight 17 disaster and a criminal investigation into the persons responsible, despite not being able to access the site where the plane went down in eastern Ukraine.
*Selling tickets not profitable; airlines need new impetus. BERLIN, Aug 11- Beset by low air fares and relentless competition, airlines around the world are waking up to the value of their frequent flyer programmes and realising they can boost profits as well as brand profile.
KUALA LUMPUR, Malaysia— Malaysia's state investment company said Friday it plans to make Malaysia Airlines fully government owned, removing it from the country's stock exchange before carrying out an overhaul of the carrier that is reeling from double disasters.
LISBON, Portugal— TAP Air Portugal pilots are staging a 24- hour strike over work conditions, prompting the cancellation of flights on Saturday for the Portuguese flag carrier. TAP spokesman Antonio Monteiro says the state-owned airline has canceled 36 of the 350 flights that were originally scheduled for Saturday.
SAN JUAN, Puerto Rico— An engine fire forced evacuation of a New York- bound JetBlue flight before it could take off on Saturday, Puerto Rico airport officials said. Puerto Rico airport authority official Rolando Padua said in a statement that the 186 passengers aboard were evacuated after the pilot halted the A-320 at 7 p.m. EDT before it could take off.
HARTFORD, Conn.— A low-cost state loan to train manufacturing workers is drawing support from business groups that say Connecticut is ill-prepared for an increase in aerospace and other high-tech factory work, but some economists are dismissing the complaint as overblown.
BAGHDAD— Two Gulf-based airlines said Saturday they have re-routed flights over Iraq because of the deteriorating security situation there, even as Turkish Airlines said it has resumed flights to the northern Iraqi city of Irbil.
Fluor rose $1.09 or 1.5 percent, to $72.21. Foster Wheeler fell$. 26 or. 8 percent, to $31.84. Quanta Services Inc. rose$. 41 or 1.2 percent, to $33.77.
Delta Air rose$. 63 or 1.8 percent, to $36.24. JetBlue Airways Corp. rose$. 33 or 3.0 percent, to $11.46. Southwest Airlines Co. rose$. 22 or. 8 percent, to $28.28.
Flights could begin in a couple of weeks after the Federal Aviation Administration approval Thursday, said the NUAIR Alliance, a consortium of private industry, academic institutions and the military.
NEW YORK— Shares of some top construction companies are mixed at 1 p.m.:. Foster Wheeler fell$. 42 or 1.3 percent, to $31.69. Quanta Services Inc. rose$. 28 or. 8 percent, to $33.64.
WASHINGTON, Aug 8- The U.S. Federal Aviation Administration on Friday restricted U.S. airlines and commercial operators from flying over Iraq while armed conflict raged and the United States launched air strikes. The FAA had previously, on Aug. 1, restricted U.S. airlines from flying at or below 30,000 feet over Iraq.
Spokesman Michael Thomas said Friday that Delta eliminated the program after the airline and vendor DFASS Group were unable to agree on terms. DFASS handles sales on airlines including Air Canada and Hong Kong Airlines and operates stores at more than 25 airports in North America, Latin America and the Caribbean, according to its website.