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  • Uber is 'ethically challenged': Peter Thiel Wednesday, 17 Sep 2014 | 9:40 AM ET
    Peter Thiel, co-founder of Palantir.

    Peter Thiel says he "missed the boat" in investing in Uber, but he calls the start-up Silicon Valley's most "ethically challenged" company.

  • American Air agents vote to unionize for first time Wednesday, 17 Sep 2014 | 9:17 AM ET
    The tail sections of American Airlines aircraft and a US Airways aircraft are lined up at Dallas/Fort Worth International Airport.

    Over 85% of passenger service agents at American Airlines voted to unionize.

  • UPDATE 1-FedEx profit beats estimates as shipments rise Wednesday, 17 Sep 2014 | 8:20 AM ET

    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.

  • FedEx to add 50,000 seasonal jobs Wednesday, 17 Sep 2014 | 7:46 AM ET

    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.

  • FedEx profit jumps 24 pct on higher shipment volume Wednesday, 17 Sep 2014 | 7:42 AM ET

    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.

  • Vermont airport expansion work to start soon Wednesday, 17 Sep 2014 | 7:33 AM ET

    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.

  • Final Glance: Airlines companies Tuesday, 16 Sep 2014 | 7:46 PM ET

    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.

  • NY denied federal funds for Tappan Zee project Tuesday, 16 Sep 2014 | 6:22 PM ET
    The Tappan Zee Bridge in May.

    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 to deliver rate hikes starting in January Tuesday, 16 Sep 2014 | 6:20 PM ET

    FedEx is increasing rates in North America for express, ground and freight services effective Jan. 5.

  • FedEx units to raise shipping rates from January Tuesday, 16 Sep 2014 | 5:34 PM ET

    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.

  • Boeing, SpaceX to build 'space taxis' for NASA Tuesday, 16 Sep 2014 | 4:20 PM ET

    NASA will partner with Boeing and SpaceX to build commercially owned and operated "space taxis" to fly astronauts to the International Space Station.

  • Look out, Asian pirates: US set to enter the fight Tuesday, 16 Sep 2014 | 3:32 PM ET
    A map inside the IMB's (International Maritime Bureau) Piracy Reporting Centre (located in Kuala Lumpur) shows where pirate attacks have been occurring in recent years.

    In a sign of the growing maritime piracy problem, the U.S. will join a multinational organization battling crime at sea next month.

  • American Airlines agents approve union Tuesday, 16 Sep 2014 | 2:59 PM ET

    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.

  • Midday Glance: Airlines companies Tuesday, 16 Sep 2014 | 1:22 PM ET

    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.

  • This start-up wants you to ditch your car Tuesday, 16 Sep 2014 | 11:38 AM ET
    Jacquelyn Pourroy, a 32-year-old driver for the service Sidecar, began working for the start-up about three months ago. The service lets anyone turn a personal car into a taxi.

    Sidecar recently secured $15 million in funding, as it competes with Uber and Lyft. Is the ridesharing bubble about to pop?

  • Early Glance: Airlines companies Tuesday, 16 Sep 2014 | 10:43 AM ET

    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.

  • Self-driving cars now need a permit in California Tuesday, 16 Sep 2014 | 10:01 AM ET

    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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