Housing data released Tuesday was mixed, prompting economist Robert Shiller to call the housing recovery positive in the short-term, but not without many headwinds.» Read More
WASHINGTON, Feb 25- The Pentagon on Monday said it was shipping parts from an F-35 test plane back to their manufacturer, Honeywell International Inc, for a detailed inspection after a Feb. 14 incident that caused a small amount of smoke in the plane's cockpit.
Feb 21- Here are some key events in the history of Flowers Foods, a company that has grown through acquisitions to become the second-largest baking company in the United States. *1919- Flowers Baking Co founded by brothers William Howard Flowers and Joseph Hampton Flowers in Thomasville, Georgia. Flowers Bakery becomes Flowers Industries.
Feb 14- The California State Teachers' Retirement System said on Thursday it will oppose Walt Disney Co's combination of the CEO and chairman roles, and its executive pay plan at the company's annual shareholder meeting in March. Robert Iger became CEO of the media and theme park company in 2005 and was elected chairman at last year's annual meeting.
LONDON, Feb 13- US Airways' expected move to the oneworld alliance as part of its proposed merger with American Airlines would be part of a comeback by oneworld, which has lost members and fallen behind rivals Star Alliance and SkyTeam in recent years.
WASHINGTON/ ATLANTA, Feb 13- US Airways and American Airlines are likely to win approval to create the world's biggest carrier, with regulators expected to focus on concessions to preserve competition in Washington, Charlotte, Dallas and other airports where they are dominant, antitrust experts say.
NEW YORK, Feb 1- Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper.
McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
*McDouble price above $1 in LA, Manhattan and Chicago McDonald's promoting $1 Grilled Onion Cheddar Burger. Feb 1- McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
NEW YORK, Jan 29- U.S. home prices rose in November to rack up their best yearly gain since the housing crisis began, a further sign that the sector is on the mend. Prices in the 20 cities rose 5.5 percent year over year, making for the strongest yearly price increase since August 2006 when prices were on their way down.
NEW YORK, Jan 29- U.S. single-family home prices rose in November, building on a string of gains that point to a housing market that is on the mend, data from a closely watched survey showed on Tuesday. "Housing is clearly recovering," David Blitzer, chairman of the index committee at S&P Dow Jones Indexes, said in a statement.
*US Air, AMR yet to agree valuation, management team-sources. NEW YORK, Jan 25- US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiating a merger, with the final price and management structure still to be resolved, four people familiar with the matter said.
U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.
WASHINGTON, Jan 24- U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing Co 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.
Jan 23- US Airways Group Inc said on Wednesday that fourth-quarter profit more than doubled as higher revenue offset cost increases. The carrier, which has been in talks with bankrupt AMR Corp's American Airlines for months about a possible merger, said improved on-time arrivals and baggage handling helped drive traffic and revenue.
Jan 22- Freeport-McMoRan Copper& Gold Inc's move into energy and gas will place the miner into a heavier weight class of resource companies and offers new opportunities for it to get even bigger, the company said on Tuesday.
*Boeing:' 06 fire blamed on test setup, not battery design. WASHINGTON, Jan 20- Tucson, Arizona- based Securaplane Technologies Inc, which makes a charger for batteries used on the Boeing Co's 787 Dreamliner, said on Sunday it would support an investigation into battery issues that have grounded the new planes.
WASHINGTON, Jan 20- U.S. safety investigators on Sunday ruled out excess voltage as the cause of a battery fire this month on a Boeing Co 787 Dreamliner jet operated by Japan Airlines Co and said they were expanding the probe to look at the battery's charger and the jet's auxiliary power unit.
WASHINGTON, Jan 20- U.S. safety inspectors on Sunday ruled out excess voltage as the cause of a battery fire last month on a Boeing Co 787 Dreamliner jet operated by Japan Airlines Co and widened its efforts to include the battery's charger and the jet's auxiliary power unit.
*Deals allow Freeport to diversify into U.S. oil, gas. On paper the deal reshapes Freeport, with its mining profile largely outside the United States, and Plains and McMoRan concentrated in energy plays in California, Texas and the Gulf of Mexico.
*To pay $6.9 bln for Plains, $2.1 bln for McMoRan. Dec 5- Freeport-McMoRan Copper& Gold Inc said Wednesday it would buy Plains Exploration& Production Co and McMoRan Exploration Co for $9 billion in cash and stock, in a major expansion into the energy sector.