Jeb Bush entered the Florida governor's mansion in 1999 with a net worth of $2 million, a relatively modest fortune compared with others in the Bush family. He is on the boards of four companies, including Tenet Healthcare Corp. and Rayonier Inc., a real estate investment trust that owns large swaths of forestland.» Read More
Sept 18- Mercedes-Benz, the luxury brand of Daimler AG, has received one of the first California licenses for self-driving cars, the company said on Thursday.
NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.
Royal Caribbean is introducing a robot bartender, but the experience just isn't the same, says Issac from 'The Love Boat.' NBC News reports.
Beaudet Aviation said its new facility is adjacent to the Bill and Hillary Clinton National Airport and that it will supply Dassault Falcon Jet with completion work for its Falcon models. Beaudet Aviation is a subsidiary of JCB Aero.
Insight to the differences between ride sharing companies Lyft and Uber, with John Zimmer, Lyft co-founder and president. Zimmer says his company is "competing aggressively and putting its energy into creating the right strategy."
Discussing who uses Lyft's driving services and the opportunities in the ride sharing market, with John Zimmer, Lyft co-founder and president.
Sept 17- Two years after it began flying tourists over the Grand Canyon, Air Methods Corp is looking to expand its U.S. travel business as a lucrative sideline to its air ambulance services. Chief Executive Aaron Todd, however, expects tourism to be a significant driver of revenue for Air Methods as U.S. consumer confidence returns.
Discussing how to play FedEx after the company's Q1 earnings surge, with Christian Wetherbee, Citi transportation analyst. Wetherbee says going into the holiday season FedEx is positioned to go after a better mix of business.
WASHINGTON— China's military hacked into computer networks of civilian transportation companies hired by the Pentagon at least nine times, breaking into computers aboard a commercial ship, targeting logistics companies and uploading malicious software onto an airline's computers, Senate investigators said Wednesday.
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.
*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.
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.
WASHINGTON, Sept 16- Federal auto safety regulators played a significant role in General Motors Co's failure to promptly report and recall cars with defective parts that led to at least 19 deaths, a congressional report said on Tuesday.
ROMULUS, Mich.— Detroit Metropolitan Airport has been awarded a $5 million federal grant to renovate its taxiway. Michigan's two U.S. senators announced the grant from the U.S. Transportation Department on Monday. The Detroit News reports the airport in Romulus is the 18th busiest airport in North America in terms of total passenger traffic.
ATLANTA— Atlanta airport officials say they're closing the northernmost runway until mid-October for maintenance. The airport's general manager Miguel Southwell says the runway's pavement is at the end of its life span and the work is expected to be done by Oct. 15.
HARTFORD, Conn.— Four of 28 people who sued the Metro-North Railroad in federal court after being injured in a train crash in Connecticut last year have settled with the commuter railroad, lawyers involved in the case said Monday.
ATLANTA— Atlanta police say a disassembled rice cooker prompted a partial terminal closure and investigation at the world's busiest airport. Hartsfield-Jackson International Airport spokesman Reese McCranie has said the departure area of the international terminal was cordoned off while police and the FBI investigated Monday afternoon.
Ted Kemp, CNBC.com senior enterprise editor, reports just how pirates attack vessels and siphon liquid fuel or confiscate hard cargo, before selling it on the black market. Angelmar corp. President & CFO James Christodoulou, provides perspective on the issue.
MONTPELIER, Vt.— A Vermont Transportation Agency official said Monday he was disappointed the state didn't get a federal grant that would have helped complete an upgrade to the rail system between Rutland and Burlington, but officials remain committed to restoring passenger rail service to the route.
Ted Kemp, CNBC.com senior enterprise editor, reports on the shift of maritime piracy from Somalia to Western Indonesia.