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Ford said on Thursday it is closing its two Australian auto plants and will cease production in the country in 2016.
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DES MOINES, Iowa-- A proposal to increase the state fuel tax by 10 cents has resurfaced in the Iowa House. Josh Byrnes, R- Osage, filed an amendment to a bill Thursday that would gradually increase the state fuel tax by 10 cents, though the measure awaits floor debate in the Iowa House.
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Delta Air rose$. 22 or 1.2 percent, to $18.86. JetBlue Airways Corp. fell$. 03 or. 4 percent, to $6.50. Southwest Airlines Co. rose$. 27 or 1.9 percent, to $14.41.
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NEW YORK-- S&P Dow Jones Indices LLC said Thursday that railroad operator Kansas City Southern will replace Dean Foods Co. on the S&P 500 Index. Dean Foods spun off its WhiteWave Foods organic dairy unit late last year, and it also sold its Morningstar Foods warehouse delivery dairy business.
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Delta Air fell$. 32 or 1.7 percent, to $18.64. JetBlue Airways Corp. fell$. 01 or. 1 percent, to $6.52. Southwest Airlines Co. fell$. 20 or 1.4 percent, to $14.14.
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WASHINGTON, May 16- The full U.S. House of Representatives will soon begin debate on a bill to approve the Canada- to-Nebraska Keystone XL oil pipeline, a lawmaker said on Thursday after his panel advanced the measure.
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"Our carriers' international competitiveness and their ability to tap emerging markets, where GDP growth rate is outpacing the U.S. or outpacing some of the European countries, is really what it's all about," said John Heimlich, chief economist at Airlines for America.
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Delta Air fell$. 13 or. 7 percent, to $18.83. JetBlue Airways Corp. rose$. 01 or. 2 percent, to $6.54. Southwest Airlines Co. fell$. 11 or. 8 percent, to $14.23.
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A theft incident report from the Miami-Dade Police Department said the gold, packed in a box, arrived at Miami International early Tuesday morning on an American Airlines flight from Guayaquil, Ecuador. "The FBI is aware of the situation," FBI spokesman Michael Leverock told Reuters in an email.
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May 16- More people will likely fly this summer compared with a year ago as U.S. airlines gain a record level of international passengers, an industry association said on Thursday. This week, Delta Air Lines and Southwest Airlines said revenue trends were improving for May after softness in March and April.
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Does this job make me look fat? A Gallup-Healthways survey takes a look at which jobs have high rates of obesity. And it's bad news for bus drivers.
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AUGUSTA, Maine-- Maine's motor fuel tax will remain at 30 cents per gallon under a proposed $1.1 billion budget to pay for state highways and other transportation expenses, but the plan calls for elimination of dozens of open jobs.
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Delta Air rose$. 09 or. 4 percent, to $19.05. JetBlue Airways Corp. rose$. 06 or. 9 percent, to $6.59. Southwest Airlines Co. rose$. 04 or. 3 percent, to $14.38.
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GRAPEVINE, Texas-- American Airlines and its regional affiliate have canceled dozens of flights at Dallas-Fort Worth International Airport after tornadoes hit North Texas. Fort Worth- based American Airlines on Thursday canceled 25 flights at DFW Airport.
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SINGAPORE, May 16- Singapore Airlines Ltd reported weaker-than-expected full-year results and warned of a deteriorating environment as it struggles to cope with the rapid emergence of Gulf carriers and low cost Asian rivals.
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General Electric Co and Boeing Co have alerted airlines about a potential problem with engines on Boeing's long-range 777 jumbo jet.
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SINGAPORE, May 16- Singapore Airlines Ltd, which is expanding in the low-cost segment, reported a weaker-than-expected rise of nearly 13 percent in full-year net income and said it was cutting capacity between April and June in a sluggish market.
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Singapore Airlines, caught between the rapid emergence of Gulf carriers and low cost Asian rivals, is attempting a big strategy overhaul to revive growth.
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NEW YORK, May 15- General Electric Co and Boeing Co have alerted airlines about a potential problem with engines on Boeing's long-range 777 jumbo jet that caused the engines to shut in mid-flight twice this year. The problem affects about 118 so-called transfer gear boxes made between September and March.
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Delta Air rose$. 71 or 3.9 percent, to $18.96. JetBlue Airways Corp. fell$. 01 or. 2 percent, to $6.53. US Airways Group rose$. 71 or 3.9 percent, to $18.81.
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NEW YORK, May 15- Qatar Airways' top executive said the Middle Eastern carrier wants to be a launch customer for Boeing Co's forthcoming 777 X mini-jumbo jet, and that the airline plans to open at least three new routes to the United States in the next 12 to 18 months. "
Behind the Wheel with Phil Lebeau
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The company became the first automaker to repay money under Advanced Technology Vehicle Manufacturing program.
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Bob Lutz is teaming up with Wanxiang Group, a Chinese auto parts supplier, in a bid to buy the ailing Fisker
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Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan.