Delta said it will become the latest carrier to change its frequent-flier program to a system based on ticket price rather than miles.» Read More
Feb 6- Spirit AeroSystems Holdings Inc, a major supplier of components to Boeing Co and Airbus, reported a loss for the fourth quarter on charges tied mainly to the Boeing 787 program, sending its shares 19 percent lower. The Wichita, Kansas, maker of fuselage and wing systems also forecast 2014 earnings below the average analyst estimate.
On a vote of 67-32, the Democratic-led Senate brushed aside earlier White House concerns and sent the measure to the Republican-led House of Representatives for consideration. "This is how the Senate is suppose to work," said Senator Charles Schumer of New York, a member of Democratic leadership. The White House echoed those concerns in a statement on Monday.
Jan 30- Invesco Ltd said on Thursday its fourth-quarter profit jumped 81 percent, boosted by strong markets and the sale of its Atlantic Trust Private Wealth Management unit. Excluding the sale of its Atlantic Trust unit, which Invesco sold to the Canadian Imperial Bank of Commerce for $210 million, the company earned 58 cents per share.
Jan 30- United Parcel Service Inc on Thursday posted fourth-quarter profit that met expectations as a surge in online shopping just before Christmas led to late deliveries and higher costs, but it forecast a stronger year ahead.
UPS, the biggest U.S. courier company, said earlier in the month it expected diluted earnings of $1.25 per share, well short of the average analyst estimate of $1.43 per share, according to Thomson Reuters I/B/E/S. On Thursday, UPS posted net earnings of $1.2 billion, or $1.25 a share, compared with a net loss of $1.7 billion, or $1.83 a share, last year.
NEW YORK, Jan 29- U.S. The impact of Turkey's interest rate hike during a midnight policy meeting to defend its battered lira currency quickly faded as traders sold riskier emerging market assets and bought Treasuries ahead of the Fed's decision, due at 2 p.m. ET.
Jan 28- Comcast Corp, the No. 1 U.S. cable operator, is in advanced discussions about licensing its "X1" video operating system to Cox Communications, the third-largest cable operator, according to people familiar with the matter.
Jan 27- Southwest Airlines Co said on Monday it will start flights to Aruba, the Bahamas and Jamaica in July, its first flights outside the continental United States under the Southwest brand.
NEW YORK, Jan 27- With a wife and a 10- year-old daughter, Matthew Amster-Burton appears to be one of the likelier people to buy a house, but the Seattle food writer says he has no interest in doing so.
Jan 27- Southwest Airlines Co said on Monday it will start flights to Aruba, the Bahamas and Jamaica in July, its the first international flights under the Southwest brand.
Kody Peterson, 22, of Clermont, Florida, was accused of conspiring with other members of the SnappzMarket Group between May 2011 and August 2012 to illegally create and distribute more than 1 million copies of Android apps without permission from the apps' software developers and copyright owners.
Treasuries prices rose on Friday with benchmark yields hitting near two-month lows on safe-haven bids for bonds stemming from worries about tightening credit conditions in China and a looming currency crisis in Argentina.
NEW YORK, Jan 24- Millions of Americans are feeling the pinch of a propane shortage this week as brutal cold exposes the supply vulnerabilities of a fuel that heats homes, schools and businesses across wide swathes of the United States.
WASHINGTON, Jan 24- Congressional Republicans are showing little stomach for another bruising fight over the U.S. debt limit next month, but they do want to extract some concessions in exchange for expanding the Treasury's borrowing authority.
As a result, lawmakers from both the establishment wing of the Republican Party and the more fiscally conservative small-government proponents in the Tea Party movement are exploring healthcare policies. U.S. House of Representatives Speaker John Boehner of Ohio said it would be a major topic at a Republican retreat next week.
NEW YORK, Jan 24- A propane shortage is affecting millions of Americans this week as brutal cold exposes the vulnerabilities of a network responsible for heating homes, schools and businesses across wide swathes of the United States.
*VMware 4th- qtr, 1st- qtr revenue forecast beats analysts' estimates. *VMware shares rise 2.5 pct. Jan 22- Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch for $1.54 billion to tap into rising demand from companies to secure the smartphones and tablets used by employees.
In addition, they are likely to find a high percentage of their Social Security benefits taxable. Social Security benefits are taxed under a complicated formula. For single taxpayers whose earnings, including 50 percent of their Social Security benefits, are over $25,000, 50 percent of benefits get taxed.
NEW YORK, Jan 22- When computer coders at the IntercontinentalExchange built a platform for trading natural gas in 2001, they only allowed space for two-digit entries.
*AirWatch to add $75 mln revenue to VMware in 2014. Jan 22- Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch in a deal valued at about $1.54 billion to tap into rising demand for software security.