• DALLAS— A union group is suing American Airlines, claiming supervisors are pressuring mechanics to release planes before they are safe to fly. American Airlines denies the allegations, saying that it complies with federal safety rules. Airline spokesman Casey Norton said American works with the FAA "so that American's maintenance programs, practices,...

  • Mechanics union sues American Airlines Friday, 23 Jan 2015 | 5:27 PM ET

    A mechanics union has filed a lawsuit against American Airlines alleging that the company's managers pressured mechanics to breach FAA regulations.

  • How the Dow Jones industrial average fared on Friday Friday, 23 Jan 2015 | 5:17 PM ET

    NEW YORK— The stock market finished lower Friday, snapping a four-day winning streak, as U.S. companies reported mixed quarterly results. Shares of tissue and diaper maker Kimberly-Clark dropped after the company's earnings fell short of expectations. Parcel-delivery company UPS slid after it cut its earnings outlook.

  • UPS holiday hangover  Friday, 23 Jan 2015 | 1:43 PM ET

    UPS is lower after slashing its Q4 earnings forecast. Details on the transport laggard, with CNBC's Morgan Brennan.

  • Garden gnome fans fret: SkyMall files for bankruptcy Friday, 23 Jan 2015 | 1:35 PM ET

    NEW YORK— Apparently, airline passengers aren't buying enough garden gnomes, superhero pajamas and heated cat shelters. While flying high over Iowa, they could dream about owning a $16,000 multisensory home sauna or maybe just a grill spatula with a built-in flashlight for $29.95. They don't have a captive audience, "says John DiScala, who runs the travel advice...

  • Midday Glance: Airlines companies Friday, 23 Jan 2015 | 1:31 PM ET

    Delta Air fell$. 24 or. 5 percent, to $50.46. JetBlue Airways Corp. fell$. 17 or 1.0 percent, to $16.31. Southwest Airlines Co. fell$. 16 or. 4 percent, to $45.19.

  • CHICAGO, Jan 23- United Parcel Service Inc on Friday said its fourth-quarter performance was hurt as lackluster holiday demand pushed up costs, and that it will likely raise prices for this year's peak season. In a separate announcement, main rival FedEx reaffirmed its earnings outlook for its fiscal 2015 year ending May 31. During the 2013 peak season UPS and...

  • Jan 23- SkyMall, whose in-flight shopping catalogs have long been a staple of airline travel, has filed for bankruptcy protection, blaming changing consumer habits and the loss of contracts from two major carriers, Delta and Southwest. Xhibit and SkyMall filed for Chapter 11 protection from creditors on Thursday night in the U.S. bankruptcy court in Phoenix,...

  • The order comes after Bridger Pipeline of Casper, Wyoming, announced plans to bury its line deeper beneath the Yellowstone to protect against future accidents. The Department of Transportation order would make that improvement mandatory and require identical action where the line runs beneath the Poplar River in northeast Montana. The Yellowstone is a...

  • Someone's lying about the California port slowdown Friday, 23 Jan 2015 | 11:47 AM ET
    A Crowley Maritime tugboat prepares to guide the MOL Endurance Container ship out of its berth at the Port of Los Angeles in San Pedro, California.

    Management and labor at the ports are blaming each other for epic congestion. And it appears impossible for both sides' stories to be true.

  • Early Glance: Airlines companies Friday, 23 Jan 2015 | 11:24 AM ET

    Delta Air rose$. 29 or. 6 percent, to $50.99. JetBlue Airways Corp. fell$. 12 or. 7 percent, to $16.36. Southwest Airlines Co. rose$. 21 or. 5 percent, to $45.56.

  • Officials warn about New Jersey's roads and bridges Friday, 23 Jan 2015 | 11:10 AM ET

    Chris Christie's transportation commissioner, along with outside groups are stepping up warnings about the dire state of New Jersey's bridges, roads and tunnels. The trust fund brings in about $1.2 billion in revenue, but those funds pay down the program's debt, while new projects are paid for through bonding and cash infusions from the Port Authority of New...

  • US stocks slip in early trading Friday, 23 Jan 2015 | 9:43 AM ET

    NEW YORK— The stock market is drifting lower in early trading after weak earnings results and outlooks from some big-name companies. The large cost of timely deliveries hurt UPS during the holidays and the shipping company cut its outlook for the year. U.S. stock indexes ended the previous day with big gains after Europe's central bank unveiled a large...

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday said its fourth-quarter performance was hurt by higher-than-expected costs from the U.S. holiday season and that it will implement new pricing strategies during the next peak season. During the 2013 peak season both UPS and main rival FedEx Corp were hit by a late surge in online...

  • CHICAGO, Jan 23- Regional railroad Kansas City Southern reported a higher quarterly net profit that came in well above Wall Street expectations, driven mainly by higher freight volumes, and said it expected to benefit from a growing U.S. economy in 2015.. The company said "while there is significant volatility in the energy markets" it expects to see volume growth...

  • CHICAGO, Jan 23- Package delivery company United Parcel Service Inc on Friday forecast fourth-quarter earnings per share below market expectations, citing a disappointing performance in U.S. domestic ground shipments.

  • UPS sinks on weak forecast, FedEx stands by outlook Friday, 23 Jan 2015 | 8:43 AM ET
    A UPS worker delivers packages in Chicago, Dec. 26, 2013.

    UPS shares plunged in premarket trading after the company warned profits for the fourth quarter would come in well less than Wall Street expected.

  • SAN CRISTOBAL/ CARACAS, Jan 23- Robbers and looters are targeting trucks carrying food across Venezuela in another sign of worsening shortages that have turned basics like flour and chicken into coveted booty. Crime has long plagued shops and roads in Venezuela, which has one of the world's highest murder rates. Armed National Guard troops have been deployed to...

  • GM's Barra: No long term impact of low gas prices Friday, 23 Jan 2015 | 6:55 AM ET
    General Motors Chief Executive Officer Mary Barra

    General Motors isn't changing anything in the long term because of lower gas prices, CEO Mary Barra tells CNBC in Davos.

  • GM CEO: Expect exciting new products  Friday, 23 Jan 2015 | 5:10 AM ET

    At Davos, Mary Barra, CEO of General Motors talks about "exciting new products" in the European markets and the future of self-drive cars.

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