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  • PHI Inc. posts 4Q profit Friday, 27 Feb 2015 | 3:43 PM ET

    LAFAYETTE, La. _ PHI Inc. on Friday reported fourth-quarter net income of $7.4 million. PHI Inc. shares have dropped 4 percent since the beginning of the year. Keywords: PHI Inc., Earnings Report.

  • Chris Christie made headlines on the state's beleaguered Transportation Trust Fund this week by not mentioning it in his 25- minute budget address, drawing the ire of many interest groups pushing for a long-term fix to the fund. Tom Bracken, president of the New Jersey Chamber of Commerce and chairman of a group of business and labor leaders pushing for a kind of...

  • DALLAS— Southwest Airlines says it expects to meet a federal deadline this weekend and finish examining 128 planes that were grounded because of missed inspections. Southwest Airlines Co. spokeswoman Brandy King said Friday that the airline had inspected 115 of the planes and would check the others by the Sunday night deadline. The Federal Aviation...

  • Midday Glance: Airlines companies Friday, 27 Feb 2015 | 1:25 PM ET

    Delta Air fell$. 82 or 1.8 percent, to $45.10. JetBlue Airways Corp. rose$. 05 or. 3 percent, to $17.40. Southwest Airlines Co. fell$. 56 or 1.3 percent, to $43.52.

  • *Kenya to remain "active" in debt market after Eurobond. NAIROBI, March 2- Kenya's drive to improve rail, roads and power plants will help spur economic growth to 6.9 percent in 2015 and 7 percent in coming years, its finance minister said. As well as infrastructure development, Kenya's economy would benefit from the drop in global oil prices, which would spur the...

  • Early Glance: Airlines companies Friday, 27 Feb 2015 | 11:10 AM ET

    Delta Air fell$. 59 or 1.3 percent, to $45.33. JetBlue Airways Corp. rose$. 01 or. 1 percent, to $17.36. Southwest Airlines Co. fell$. 26 or. 6 percent, to $43.82.

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • LONDON, Feb 27- British Airways-owner International Airlines Group raised its 2015 profit forecast by more than 20 percent, outperforming struggling continental rivals and sending its shares to an all-time high. IAG, which is trying to acquire Ireland's Aer Lingus, said on Friday that the profit increase would be driven by cost control across the group and...

  • Seaboard posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    SHAWNEE MISSION, Kan. _ Seaboard Corp. on Thursday reported fourth-quarter net income of $118.7 million. The Shawnee Mission, Kansas- based company said it had profit of $101.39 per share. For the year, the company reported profit of $365.3 million, or $309.96 per share.

  • LONDON, Feb 27- British Airways-owner International Airlines Group increased its 2015 profit forecast by more than 20 percent, outperforming weaker continental rivals and sending its shares to an all-time high. IAG, which is trying to acquire Ireland's Aer Lingus, said on Friday that the profit increase would be driven by cost control across the group and...

  • IAG upgrades 2015 profit forecast Friday, 27 Feb 2015 | 2:15 AM ET

    LONDON, Feb 27- British Airways-owner International Airlines Group upgraded its profit forecast for 2015 by over 20 percent, after reporting a slightly better than expected 81 percent jump in profit last year. IAG, in the process of trying to acquire Ireland's Aer Lingus, on Friday reported 2014 operating profit of 1.390 billion euros, ahead of a...

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • India's government budget: What to expect  Thursday, 26 Feb 2015 | 10:30 PM ET

    Subir Gokarn, director of Research at Brookings India, outlines his expectations for the government budget due on Saturday.

  • Will railway plans bust India's fiscal deficit?  Thursday, 26 Feb 2015 | 8:43 PM ET

    While India faces issues in reining in its fiscal deficit, there is a need to increase investments to spur growth, says Duvvuri Subbarao, former governor of Reserve Bank of India.

  • SAO PAULO, Feb 26- Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines. The strike, which spread from a few road blocks on Feb. 18 in the main soybean state of Mato Grosso to 91 blockades across nine states on Thursday, has caused lines at filling stations and...

  • Final Glance: Airlines companies Thursday, 26 Feb 2015 | 6:02 PM ET

    Delta Air fell$. 92 or 2.0 percent, to $45.92. JetBlue Airways Corp. fell$. 18 or 1.0 percent, to $17.35. Southwest Airlines Co. fell$. 04 or. 1 percent, to $44.08.

  • Feb 26- A push by three U.S. airlines to curb competition from Gulf state carriers has exposed divisions over free trade with other powerful U.S. aviation players including Boeing Co and FedEx Corp, potentially complicating the airlines' campaign for Obama administration support. Delta Air Lines Inc, United and American Airlines have asked the White House to...

  • Air Methods beats Street 4Q forecasts Thursday, 26 Feb 2015 | 4:48 PM ET

    ENGLEWOOD, Colo. _ Air Methods Corp. on Thursday reported fourth-quarter net income of $21.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. Air Methods shares have risen almost 4 percent since the beginning of the year.

  • WASHINGTON, Feb 26- A measure that would offer financial incentives for auto industry employees to expose safety defects won unanimous backing from a U.S. Senate panel on Thursday. The vote by 13 Republican and Democratic members of the Senate Commerce, Science and Transportation Committee sends the legislation, which would allow whistleblowers to share in...

  • The worker had started with the Postal Service as a mail carrier in 1995 and worked his way up to safety specialist. Martinez said the worker is entitled to $229,228 in damages and said the Postal Service must promote him to the same pay rate he would have now, had he not been denied a promotion. The judge enjoined the Seattle- area Postal Service from discriminating...

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