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  • The 14- story Antares rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 6:22 p.m. on Tuesday but burst into flames moments later, the first disaster since NASA turned to private operators to run cargo to the space station. Orbital Sciences stock fell 15.9 percent to $25.54 on Wednesday. The loss of the supply...

  • UPS predicts 11 percent hike in December packages Wednesday, 29 Oct 2014 | 11:38 AM ET

    United Parcel Service Inc. said Wednesday that it will handle 585 million packages worldwide in December, which would equal the 11 percent increase that the company predicted last week. Rival FedEx Corp. expects a busy holiday season too, with December shipments up 8.8 percent from the same month last year. Shares of Atlanta- based UPS fell 40 cents to $102.50 in...

  • OTTAWA, Oct 29- Canada has issued an emergency order to railways detailing how many handbrakes they must set on unattended trains to prevent deadly runaways, and will hire new staff to conduct an "audit blitz" of rail companies' safety systems. The announcement on Wednesday came in response to the Canadian Transportation Safety Board's final report in August on...

  • Early Glance: Airlines companies Wednesday, 29 Oct 2014 | 10:53 AM ET

    Delta Air fell$. 74 or 1.9 percent, to $39.10. JetBlue Airways Corp. fell$. 14 or 1.2 percent, to $11.24. Southwest Airlines Co. fell$. 70 or 2.0 percent, to $33.83.

  • Cape Girardeau again looks for airport tenant Wednesday, 29 Oct 2014 | 10:20 AM ET

    CAPE GIRARDEAU, Mo.— Cape Girardeau is looking for an airport tenant for the second time in the past decade, after a private manufacturing company again went bankrupt. The 52,500- square-foot building at Cape Girardeau Regional Airport has sat vacant since Commander Premier Aircraft Corporation was evicted in 2011, unable to pay its rent.

  • Republic Airways posts 3Q profit Wednesday, 29 Oct 2014 | 5:03 AM ET

    INDIANAPOLIS _ Republic Airways Holdings Inc. on Wednesday reported profit of $18.5 million, or 35 cents per share, in its third quarter. The company, based in Indianapolis, posted revenue of $349.7 million in the period. Republic Airways shares have risen 16 percent since the beginning of the year.

  • Russian deliver space station cargo after US flop Wednesday, 29 Oct 2014 | 4:25 AM ET

    Orbital Sciences Corp.' s unmanned Antares rocket blew up just moments after liftoff Tuesday evening from the Virginia coast. The smooth flight was in stark contrast to the Orbital Sciences' failed launch, and had been planned well in advance of the accident. The Orbital Sciences rocket was carrying a Cygnus capsule loaded with 2½ tons of space station...

  • PARIS, Oct 29- Air France-KLM said it would limit investments and accelerate cost controls next year to mop up the remaining impact of a recent pilots' strike that helped slash its operating profit by more than half in the third quarter. The Franco-Dutch airline group said on Wednesday its revenue fell 6.7 percent in the third quarter to 6.695 billion euros, while...

  • Houston bus owner gets probation in 2008 crash Wednesday, 29 Oct 2014 | 1:31 AM ET

    HOUSTON— The owner of a Houston bus company who was charged after a 2008 crash that killed 17 passengers on their way to a religious retreat has avoided prison after a federal judge sentenced him to three years of probation in a plea agreement. Le's 62- year-old mother, Catherine Tuong So Lam, was one of 55 members of Houston's Vietnamese Catholic community who had...

  • Beijing subway fares poised to double Tuesday, 28 Oct 2014 | 11:09 PM ET
    Chinese commuters crowd onto a subway car on the metro during rush hour in Beijing, China.

    Beijing has warned users that subway fare increases could more than double the cost of an average commute. The Financial Times reports.

  • LIMA, Oct 28- Hundreds of indigenous community members took control of a small Amazonian airport inside Peru's biggest oil block, tribal leaders said on Tuesday, part of a dispute with Argentine energy firm Pluspetrol and the government over pollution and use of local resources. The airport, in the district of Andoas in Peru's northern region of Loreto, was...

  • Oct 28- An unmanned Antares rocket exploded seconds after liftoff from a commercial launch pad in Virginia on Tuesday, marking the first accident since NASA turned to private operators to deliver cargo to the International Space Station. The 14- story rocket, built and launched by Orbital Sciences Corp, blasted off its seaside launch pad at the Wallops Flight...

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA launch control said damage appeared to be limited to the launch facility and rocket. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

  • NEW YORK, Oct 28- The U.S. Department of Transportation said on Tuesday it is looking into a complaint that Delta Airlines Inc used "unfair and deceptive practices" to block development of a second major airport near Atlanta. The agency's action comes in response to a complaint filed by county commissioners and a private group trying to develop commercial air...

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA said there were no injuries. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

  • Final Glance: Airlines companies Tuesday, 28 Oct 2014 | 6:14 PM ET

    Delta Air rose$. 09 or. 2 percent, to $39.84. JetBlue Airways Corp. rose$. 30 or 2.7 percent, to $11.38. Southwest Airlines Co. rose$. 48 or 1.4 percent, to $34.53.

  • LIMA, Oct 28- Indigenous protesters took control of a small airport in the Peruvian Amazon near the country's biggest oil block, tribal leaders said on Tuesday, part of a dispute with Argentine energy firm Pluspetrol and the government over pollution and use of local resources. The airport, in the district of Andoas in Peru's northern region of Loreto, was...

  • DETROIT, Oct 28- AutoNation Inc, the largest U.S. auto retail group, has stopped selling cars equipped with Takata Corp air bags involved in a massive global recall involving more than 16 million vehicles, Chief Executive Mike Jackson said on Tuesday. While AutoNation is the largest U.S. automotive dealer group, it currently has fewer than 400 used cars equipped...

  • Report reveals wider tracking of mail in US Tuesday, 28 Oct 2014 | 1:41 PM ET
    A U.S. Postal Service letter carrier prepares mail for delivery at the Brookland Post Office in Washington.

    The USPS said it approved nearly 50,000 requests last year to secretly monitor the mail of Americans, NYT reports.

  • Midday Glance: Airlines companies Tuesday, 28 Oct 2014 | 1:25 PM ET

    Delta Air fell$. 01 or percent, to $39.74. JetBlue Airways Corp. rose$. 19 or 1.7 percent, to $11.27. Southwest Airlines Co. rose$. 22 or. 6 percent, to $34.27.

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