GIGLIO ISLAND, Italy— The Costa Concordia cruise liner began its final voyage Wednesday, slowly being towed away from the tiny Italian island where it capsized more than two years ago, killing 32 people. The tugs are bringing the crippled ship on a four-day journey to the northwestern port of Genoa, which is home to the ship's owner, Costa Crociere Spa.» Read More
Making sure drivers keep their eyes on the road will require a network of tough laws, enforcement by police and personal responsibility, the government said Tuesday.
CNBC has learned the Government Accountability Office will continue to consider part of a protest in the Air Force tanker refueling competition filed by a small U.S. company proposing a Ukrainian based tanker. However, the GAO is dismissing the most serious accusations made by the firm, U.S. Aerospace, which claim the Air Force engaged in intentional misconduct.
Continental Airlines shareholders have approved a deal to combine with United to form the world's biggest airline.
Edward E. Whitacre Jr. has looked forward to the day the carmaker would no longer be under government ownership, but thinks a public offering requires a long-term leader. The New York Times reports.
Interbrand’s Best Global Brands 2010 study has just been released and it shows the last two year’s recessionary market has significantly impacted the relationship between brands and customers.
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An Italian company called Aviointeriors, which manufactures commercial airline seats, is debuting the SkyRider, a seat with "a 23-inch pitch or less". That means there's 23 inches from your seatback to the one in front of you—at least eight inches shorter than most conventional economy class seats.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
U.S. Marine commandos stormed a pirate-held cargo vessel off the Somalia coast Thursday, reclaiming control of the ship and taking nine prisoners without firing a shot, the U.S. Navy said.
The number of people dying on the nation's roads has fallen to its lowest level in six decades, helped by a combination of seat belts, safer cars and tougher enforcement of drunken driving laws.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Public transit ground to a halt across France and on the London Tube on Tuesday, with tourists and commuters bearing the brunt of a wave of discontent over government austerity measures.
Ford, GM and Toyota reported slumping US auto sales in August compared with the same time last year, showing the auto industry has a way to go before it's in a true recovery.
For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers, which paid up to $4,500, or promotions that offered employee discounts to everyone.
Kansas lowered its unemployment rate from the high 8s of last year to today’s 6.5 percent, due in part to a diversified economy and a Kansas-taxpayer-funded transportation program of $6.48 billion 10-year plan that will create and sustain 175,000 jobs.
After Hurricane Katrina, as the city lost billions of dollars in tourism business, the New Orleans Convention and Visitors Bureau embarked on a mission to overcome unprecedented brand impairment. Today, the tourism industry stands taller, stronger than before.
The Katrina anniversary is all about contrasts. More than one resident has called it a tale of two cities and, as cliched as that phrase may be, it certainly applies here. Unemployment is below the national average, but poverty is twice the national rate.
To really know if we have succeeded, to really know if we have created a New Orleans region better than before, we have to go out ten years. Here we will find the “new normal” that will come to pass after the Katrina money has run dry, and the economy is left to stand on its own.
It's a tall order to transform New Orleans by 2030, but that's the aim of the city's new master plan—five years after Hurricane Katrina hobbled this historic place and the surrounding Gulf coast region.
One company taking advantage of China's explosive economy is Expeditors International of Washington. The air and ocean freight giant, touches both the Chinese and US economies.