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July 30- Two airline trade groups asked a U.S. appeals court on Wednesday to review fee increases on airplane tickets imposed by the Transportation Security Administration, saying the agency is "improperly" raising taxes on travelers and hurting carriers.
WASHINGTON, July 29- More than 17,000 U.S. military personnel and other consumers will receive about $92 million in debt relief as part of a settlement over a lender's alleged improper practices, the U.S. consumer watchdog and 13 states announced on Tuesday.
July 29- United Parcel Service Inc, the world's biggest courier company, slashed its earnings forecast for the year as it spends to boost capacity ahead of the holiday shopping season. The Atlanta- based company said it expects full-year adjusted earnings of $4.90- $5.00 per share.
NEW YORK, July 29- When Harvey Montijo first moved in with his wife Natalie, he remembers exactly how long it took to get into a tiff about household temperature. "Right from the get-go," remembers the 31- year-old orthopedic resident in Charlotte, North Carolina.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a higher-than-expected second-quarter profit as it added flights and raised fares. Net income rose 54 percent to $64.8 million, or 88 cents a share, from $42.1 million, or 58 cents a share, a year earlier.
July 29- Spirit Airlines Inc, a low-cost U.S. carrier, on Tuesday reported a 54 percent rise in second-quarter profit as it added flights and had higher average fares. Net income was $64.8 million, or 88 cents a share, compared with $42.1 million, or 58 cents a share, a year earlier. Quarterly revenue rose nearly 23 percent to $499.3 million.
July 28- Global business travel spending will reach a record $1.18 trillion this year, up nearly 7 percent from 2013, bolstered by growth in China, a U.S. trade group said on Monday.
Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.
FOX LAKE, Ill., July 25- The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.
United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.
July 24- Delta Air Lines said on Thursday it plans to resume service to Ben Gurion International Airport in Tel Aviv two days after halting flights amid hostilities in the region. United Airlines earlier said that it was resuming flights to and from Tel Aviv.
*$1 billion repurchase to be completed within three years. *Adjusted profit of $2.34 a share compares with $2.19 estimate. July 24- United Continental Holdings Inc reported a stronger-than-expected second-quarter profit aided by higher prices and said it plans to buy back $1 billion of stock, sending its shares up nearly 4 percent.
July 24- Southern Co, one of the biggest U.S. power companies, said it hopes to announce plans by the end of the year to build more nuclear reactors, a spokesman said late Wednesday.
July 24- Southwest Airlines Co posted higher-than-expected quarterly profit on Thursday as it boarded more passengers and garnered higher air fares. Net income totaled $465 million, or 67 cents a share, in the second quarter, more than double the year-earlier profit of $224 million or 31 cents a share.
*Adj Q2 profit of $1.98 a share compares with $1.95 estimate. American, the largest airline by traffic, which was formed from the late 2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.
July 24- American Airlines Group Inc said on Thursday it will pay its first dividend since 1980 and buy back stock as it reported higher second-quarter earnings. American, the largest airline by traffic, formed from the late-2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
*Adjusted profit $1.04 a share vs estimate of $1.03. July 23- Delta Air Lines reported a higher-than-expected second-quarter profit as it flew fuller planes and enjoyed higher passenger revenue in the United States, boosting its shares by 3 percent.
*Adjusted profit $1.04 a share vs estimate $1.03. July 23- Delta Air Lines reported a higher second-quarter profit on Wednesday as it flew fuller planes and enjoyed higher passenger revenue in the United States and Europe. Second quarter net income was $801 million, or 94 cents a share, compared with $685 million, or 80 cents a share, a year earlier.