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  • The report comes as governments scramble to better understand the extent of Iran's cyber capabilities, which researchers say have grown rapidly as Tehran seeks to retaliate for Western cyber attacks on its nuclear program. It did not identify the companies targeted, but said they included major aerospace firms, airports and airlines, universities, energy...

  • Lyft drops quirks to compete with Uber: Report Monday, 1 Dec 2014 | 1:25 PM ET
    A Lyft car drives along Powell Street in San Francisco, California.

    Lyft is forgoing many of its characteristics to streamline service and meet growing demand.

  • The local government had been planning to shut its bus and city train service after the island's Governor Alejandro Garcia Padilla was unable to convince enough members of his party to agree to raise the tax on crude oil by 68 percent. Garcia Padilla said on Sunday that the oil tax increase would cost a typical Puerto Rican family $1.17 a week, while a planned tax...

  • TOKYO, Dec 1- Japan's Nikkei share average rose to a fresh seven-year high on Monday as strong capital expenditure figures lifted sentiment, with airline shares extending gains as oil prices tumbled further. Exporters also gained after the dollar rose to a new seven-year high against the yen. The Nikkei ended 0.8 percent higher at 17,590.10, the highest closing...

  • SAN JUAN, Nov 30- Puerto Rico's commuters escaped a chaotic transport shutdown after authorities on Sunday reached an eleventh-hour deal to hike a controversial oil tax and averted an escalation of the island's debt crisis. "It will not be necessary to cease operations of any public dependency tomorrow because we have the 26 votes to approve the measure and...

  • Puerto Rico braces for public transport shutdown Sunday, 30 Nov 2014 | 3:25 PM ET

    SAN JUAN, Nov 28- Puerto Rico's capital braced for a public transportation shutdown Monday, as lawmakers and administration officials held last-ditch talks to approve a crude oil tax hike that could keep San Juan's metropolitan area buses and commuter train running. In what would be a major escalation of Puerto Rico's debt crisis, the local government is...

  • Deutsche Bahn to sue airlines over cargo cartel Sunday, 30 Nov 2014 | 9:46 AM ET

    The German magazine said Deutsche Bahn would submit the suit to the regional court in Cologne on Monday, seeking damages from 11 airlines including Lufthansa and British Airways. Deutsche Bahn already announced in August it was suing in the United States for the same price fixing. The airlines' cartel was first exposed seven years ago and triggered fines in the...

  • These stocks are winning on lower oil Friday, 28 Nov 2014 | 1:12 PM ET
    United Airlines jets at O'Hare International Airport in Chicago.

    Airlines are soaring on lower oil prices, but other stocks are also seeing big boosts after OPEC's decision not to cut rates.

  • *Oil fell to four-year low of $72 on Thursday. SINGAPORE, Nov 28- Airlines in Asia-Pacific are holding off from hedging their fuel costs as they wait for oil to dip below $70 a barrel in hopes of securing lower prices, industry executives said on Friday. The benchmark Brent crude oil price fell more than $6 to under $72 a barrel on Thursday, its lowest since July 2010,...

  • Why oil's slide is a win-win for airlines  Thursday, 27 Nov 2014 | 9:06 PM ET

    Andrew Cowen, Deputy CEO at Hong Kong Express, says oil makes up about 45 percent of costs so the commodity's recent decline translates into higher profits ahead.

  • Uber on Nevada: '1,000 jobs just disappeared' Thursday, 27 Nov 2014 | 2:27 PM ET
    Lyft and Uber ridesharing car apps.

    Uber on Thursday heavily criticized a court decision that stopped its operations in Nevada and said it would not be giving up on the state.

  • Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, accusing politicians of taking an "irresponsible" gamble on the island's economy. The possible shutdown of Puerto Rico's buses and commuter train services, affecting 75,000 commuters, would be a...

  • Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, in what would be a major escalation of the island's debt crisis. The possible shutdown of Puerto Rico's buses and commuter train services threatens a fragile economy and would be a further blow to...

  • Puerto Rico transit network set to shut down Monday Wednesday, 26 Nov 2014 | 4:39 PM ET

    The commonwealth's Government Development Bank says the transit system can't make payroll without a tax increase.

  • This guy is betting your flight will be on time Wednesday, 26 Nov 2014 | 2:14 PM ET
    People walk past a board that announces cancelled flights at LaGuardia airport on the day before Thanksgiving, in New York, Nov. 26, 2014.

    An insurance company is taking a gamble on airline flights, offering payouts if there are delays or cancellations and if luggage is lost.

  • Air travel congestion to get worse: Travel group Tuesday, 25 Nov 2014 | 5:56 PM ET
    JetBlue passengers at Logan International Airport, Boston.

    According to a new study, air travelers can expect more days of the year to have Thanksgiving-like congestion, the busiest time of the year.

  • Nov 25- A group of Delta Air Lines pilots seeking to replace the current pilots' union at the U.S. carrier are struggling to win enough support. The Delta Pilots Association claims that nearly half of the airline's 12,000 pilots have at some time in the past four years signed cards backing it to be their union for collective bargaining with management.

  • Amtrak will operate through Thanksgiving storm: CEO Tuesday, 25 Nov 2014 | 1:24 PM ET
    File photo: An Amtrak worker walks along the tracks after checking for debris beneath the train

    Amtrak plans to move holiday travelers through a snowstorm forecast to hit the East Coast, but the system needs investment badly, said its CEO, Joseph Boardman.

  • Choppering to your private jet just got cheaper Tuesday, 25 Nov 2014 | 9:39 AM ET
    BLADE – Blade, the Uber of helicopters is adding a new service to Teterboro, cutting a 45-minute drive from Manhattan to 4 minutes.

    Blade is launching a service Tuesday called Bounce that provides choppers between Manhattan's West Side and Teterboro Airport through an app.

  • Driver cleared in GM ignition switch accident Monday, 24 Nov 2014 | 8:31 PM ET

    General Motors has confirmed that a car accident involving a Texas woman is among those linked to the company's faulty ignition switch issue.

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