Sept 17- Two years after it began flying tourists over the Grand Canyon, Air Methods Corp is looking to expand its U.S. travel business as a lucrative sideline to its air ambulance services. Chief Executive Aaron Todd, however, expects tourism to be a significant driver of revenue for Air Methods as U.S. consumer confidence returns.» Read More
Peter Thiel says he "missed the boat" in investing in Uber, but he calls the start-up Silicon Valley's most "ethically challenged" company.
Over 85% of passenger service agents at American Airlines voted to unionize.
Sept 17- FedEx Corp reported a better-than-expected 24 percent jump in quarterly profit as the world's No. 2 package delivery company benefited from higher shipment volume. The company's net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31, from $489 million, or $1.53 per share, a year earlier.
MEMPHIS, Tenn.— FedEx plans to hire more than 50,000 extra workers to handle another record year for holiday-season package deliveries. That's up from last year, when FedEx announced it would hire 20,000 seasonal workers. FedEx announced its hiring plans Wednesday on a conference call with investors.
Sept 17- FedEx Corp reported a 24 percent rise in quarterly profit as the world's No. 2 package delivery company benefited from higher volumes in both its express and ground businesses. Net income rose to $606 million, or $2. l0 per share, in the first quarter ended Aug. 31 from $489 million, or $1.53 per share, a year earlier. Revenue increased 6 percent to $11.7 billion.
COVENTRY, Vt.— Construction is scheduled to start soon on expansion of the Newport State Airport in Vermont after it was awarded $8.8 million in grants for a new runway and other upgrades.
Delta Air rose$. 32 or. 8 percent, to $39.52. JetBlue Airways Corp. rose$. 16 or 1.4 percent, to $11.42. Southwest Airlines Co. rose$. 67 or 2.0 percent, to $34.53.
The vote affects about 14,500 agents who work at both American and US Airways.
The US rejected most of a $511 million loan request, dealing a blow to one of Andrew Cuomo just weeks ahead of state elections.
FedEx is increasing rates in North America for express, ground and freight services effective Jan. 5.
Sept 16- FedEx Corp, the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. The rate change applies to FedEx freight shipments within the United States, Canada and Mexico as well as between the U.S. and Canada and between the U.S. and Mexico, FedEx said.
NEW YORK, Sept 16- The U.S. federal government has rejected most of a $511 million loan request for the renewal of New York state's Tappan Zee Bridge, dealing a blow to one of governor Andrew Cuomo's most prominent infrastructure projects just weeks ahead of state elections.
NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station.
In a sign of the growing maritime piracy problem, the U.S. will join a multinational organization battling crime at sea next month.
DALLAS— Customer-service agents at American Airlines voted overwhelmingly for union representation, reversing a narrow defeat for organized labor less than two years ago. The results affect about 14,000 employees of American and US Airways at airports and reservations centers plus home-based reservations agents.
Delta Air rose$. 04 or. 1 percent, to $39.24. JetBlue Airways Corp. rose$. 10 or. 9 percent, to $11.36. Southwest Airlines Co. rose$. 48 or 1.4 percent, to $34.34.
*Frankfurt judge sets aside previous injunction. FRANKFURT, Sept 16- A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany.
Sidecar recently secured $15 million in funding, as it competes with Uber and Lyft. Is the ridesharing bubble about to pop?
Delta Air fell$. 26 or. 7 percent, to $38.94. JetBlue Airways Corp. fell$. 07 or. 6 percent, to $11.19. Southwest Airlines Co. rose$. 15 or. 4 percent, to $34.01.
LOS ANGELES— Computer-driven cars have been testing their skills on California roads for more than four years— but until now, the Department of Motor Vehicles wasn't sure just how many were rolling around. Google's souped-up Lexus SUVs are the biggest fleet, with 25 vehicles. Google alone is closing in on 1 million miles.
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