Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
The boss of budget airline Norwegian has hit back at critics, claiming they are "afraid of competition".
*Southwest growth helps Nashville bounce back. As Nashville discovered, it can take years of adjustments to come to terms with an airline's decision to pull back.
WASHINGTON, July 2- The United States said on Wednesday it would increase security at overseas airports with direct flights into the country and U.S. officials cited concerns al Qaeda operatives in Syria and Yemen were developing bombs that could be smuggled onto planes.
WASHINGTON, July 2- A U.S. Senate panel's probe into General Motors Co's botched handling of faulty ignition switches that have been tied to at least 16 fatal car crashes will continue with a second hearing on July 17.
July 2- Railroad operator Greenbrier Cos Inc raised its full-year earnings forecast after reporting a better-than-expected quarterly profit, helped by increased deliveries. The company said it now expects adjusted full-year profit of $2.98- $3.08 per share, up from $2.45- $2.70 forecast earlier.
*Working with CIMB Investment Bank on restructuring plan. *Deal could cost Khazanah 1.05 billion ringgit at 21 sen per share.
*Google, Apple lead; Nokia, TomTom face make-or-break moment. Chip-makers or tech giants such as Infineon and Google are among a variety of companies involved in the rapid development and testing of intelligent cars from those that drive themselves to those allowing a driver to use mobile phone apps through the dashboard.
Millions of people enjoy parasailing over lakes and beaches across the country, but many don't know that the industry is mostly unregulated.
LONDON, July 1- Boeing is poised to win a $3 billion jet order from UK carrier Monarch Airlines, ousting its European rival Airbus for a key victory two weeks before the Farnborough Airshow, industry sources said on Tuesday.
The Obama administration warned states that federal highway funds will be mostly gone in August, limiting the money for road and bridge projects.
TOKYO, July 1- AirAsia Bhd said on Tuesday it would set up a low-cost airline with Japan's biggest online retailer Rakuten Inc and other firms, marking the budget carrier's second attempt to tap one of Asia's lucrative air travel markets.
Philly Tankers AS, majority-owned by Aker Philadelphia Shipyard is building four ships on spec, and Seabulk Tankers Inc, an indirect wholly-owned subsidiary of SEACOR Holdings Inc, is building another two.
After years of strife between dockworkers and terminal operators, both sides are taking a more positive tone in talks.
WASHINGTON, June 30- A handful of small refineries in North Dakota could remove dangerous gas from oil train cargoes and make shipments from the state's productive Bakken shale area safer on the tracks, according to a company which has pitched the idea to regulators.
DUBLIN, June 30- Ryanair's finance chief Howard Millar is to step down after 23 years, becoming the second deputy chief executive at the low-cost carrier to resign in the past 12 months.
CARACAS, June 26- Colombia's biggest coal miner, Cerrejon, said late on Thursday it was transporting coal again from its mine to port after protesters ended a six-day blockade on its private railway line that took the company to the brink of defaulting on shipments.
June 26- Norfolk Southern Corp said it would require its customers to give the railroad company legal protection against damages caused by explosions or leakage of hazardous materials carried in older tank cars, The Wall Street Journal reported on Thursday.
WASHINGTON, June 26- President Barack Obama on Thursday named lawyer and longtime transportation civil servant Christopher Hart to be chairman of the National Transportation Safety Board. He has held senior positions at the Federal Aviation Administration, the National Highway Traffic Safety Administration, and the Department of Transportation.
SEATTLE, June 26- Virgin America and its flight attendants will find out on August 13 whether an effort to form the first union at the California- based airline succeeds or fails, The National Mediation Board said on Thursday. Virgin America remains the last non-union airline among U.S. carriers after JetBlue Airways pilots voted in April to organize.
LIMA, June 26- LATAM Airlines aviation mechanics in Peru called off a two-day strike scheduled to start on Thursday after late-night negotiations produced a possible deal, a union leader and the company said on Thursday. Union leader Freddy Nakashima said members will gather Saturday to vote on a proposal made by LATAM's local unit, Lan Peru.
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