HOUSTON, July 27- A tanker carrying crude oil from Iraqi Kurdistan was cleared by the U.S. Coast Guard to unload its cargo at sea off Texas on Sunday as a State Department official signaled Washington would not intervene to block delivery of the controversial crude.» Read More
July 9- American Airlines Group Inc and Southwest Airlines Co forecast growth in an important revenue measure for the second quarter, signaling that demand for air travel is solid during the summer.
House Speaker John Boehner said he welcomes a "pension smoothing" idea for raising highway funds and hopes to pass a bill within two weeks.
July 9- Dubai airline Emirates finalized a $56 billion order to buy 150 Boeing 777 X jets on Wednesday, firming up a commitment made last year, just weeks after scrapping an order with rival planemaker Airbus.
WASHINGTON, July 8- The head of Delphi Automotive Plc, maker of ignition switches linked to at least 16 fatal car crashes, is expected to face intensive questioning next week from a U.S. Senate panel investigating General Motors Co' handling of the issue.
NEW YORK, July 8- The last of six Boeing Co fuselages damaged in a train derailment were expected to be recovered on Tuesday, the railway said, clearing the way for full train service to resume. But it remained unclear when Boeing's assessment of the damage to its aircraft parts would be finished.
State officials are pausing critical highway, bridge and mass transit projects as collapse of the federal Highway Trust Fund looms. Fiscal Times.
*Black Sea grain exports set to grow, intensifying export price rout. "When it comes to the grain season ex U.S. we believe this will be a strong season and we believe the same will be the case with the season ex Black Sea," said Jens Ismar, chief executive of shipping group Western Bulk.
*India's giant railway system is slow, congested. India's state-owned railways are the fourth-largest in the world. "The bulk of our future projects will be... by the PPP model," Railway Minister Sadananda Gowda told India's parliament in his first budget, referring to public-private partnerships.
As the Highway Trust Fund approaches exhaustion, business leaders are pushing for new roads and funds. The NYT reports.
*India's giant railway system is slow, congested. NEW DELHI, July 8- Prime Minister Narendra Modi's new government has nudged up spending on India's wobbly railways and will seek private funding for new projects, the rail minister said without giving details on how he will attract investors.
Drivers in a labor dispute with three trucking companies at the ports of LA and Long Beach began an indefinite strike Monday.
*Taking impairment to book value of Brazil oil assets. COPENHAGEN, July 8- Danish oil and shipping group A.P. Moller-Maersk is taking a $1.7 billion writedown on some oil assets it bought in Brazil, saying the results of appraisal drilling had been at the low end of its expectations.
The bulk of India's future railway projects will be financed through public-private partnerships, the country's railways minister said.
NEW DELHI, July 8- The bulk of India's future railway projects will be financed through public-private partnerships, the country's railways minister said on Tuesday, in a bid to modernise the vast but underfunded network. "The bulk of our future projects will be... by the PPP model," he told India's parliament, referring to public-private partnerships.
July 7- United Airlines said on Monday it plans to outsource more than 630 union jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan. "This is a bad business decision for United Airlines," Carlson said.
July 7- United Airlines said on Monday it plans to outsource more than 630 jobs at 12 U.S. airports in a cost-saving move. United Airlines would shift these jobs from its payroll and hire other companies to provide the employees, under the outsourcing plan.
GM has resisted recalling certain pickups and SUVs, telling federal regulators that rusted brake lines are a routine maintenance issue.
TORONTO, July 7- WestJet Airlines Ltd, Canada's No. 2 carrier, said on Monday it planned to fly its own wide-body planes as early as the autumn of 2015 and was in advanced stages of sourcing the long-haul aircraft, a move that may heat up competition with larger rival Air Canada.
Standing-only sections could reduce airfare pricing 44 percent, new study finds. Yet, idea won't fly with the FAA and customers may not stand for it.
HAVANA, July 7- Cuba has prosecuted and is likely to send Canadian businessman Cy Tokmakjian to prison after he denounced corruption in the Havana government's awarding of contracts, his company said on Monday. "Cy Tokmakjian spoke out against corruption as it was clear the company was losing contracts to others for unexplained reasons.
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