MADRID, Oct 30- The Spanish government has decided to postpone its plans to privatise airport operator Aena with a $10 billion public share offer, a source with knowledge of the matter said on Thursday. The sale of a 49 percent stake in the world's biggest airports operator had promised to be the largest initial public offering in Europe this year.» Read More
Lawmakers heard a brief, but riveting, description of Toyota's problem with the sudden acceleration of its cars from Rhonda Smith, a Tennessee woman whose Toyota-made Lexus suddenly zoomed to 100 miles per hour as she tried to get it to stop — shifting to neutral, trying to throw the car into reverse and hitting the emergency brake.
The Japanese automaker said it received a subpoena from a federal grand jury in New York seeking documents related to unintended acceleration in its vehicles and the braking system of its Prius hybrid.
UAL has been outperforming, and the options action remains bullish.
Qantas unveiled on Thursday a first-half net profit that slumped 72% from the previous year, triggering an 8 percent slide in its stock.
Toyota said Tuesday it plans to idle production temporarily at assembly plants in Texas and Kentucky while it grapples with massive recalls in the United States.
The Mad Money host explains why, despite a somewhat disappointing quarter, investors should stick with NAT.
Warren Buffett’s company will join the S&P 500 on Friday. Find out why Cramer thinks you should own it.
The Federal Bureau of Transportation said airlines are expect to cancel another 1,000 flights Thursday. Despite the bad weather, are airline stocks worth investing in? Jamie Baker, senior airline analyst at JPMorgan, and Hunter Keay, airline analyst at Stifel Nicolaus, shared their outlooks.
The Federal Aviation Administration is close to wrapping up a two-year investigation of safety violations at American Airlines that could result in one of the largest fines in the agency's history, according to government and industry officials familiar with the investigation.
Many economists say Toyota’s trauma is a wake-up call that Japan needs to understand that its reliance on manufacturing and industrial exports, which served the country so well after World War II, is no longer wise.
Toyota has friends in high places in Washington, including some of the very people now investigating the Japanese automaker.
After several investigations, it was only last week that Toyota owners learned federal regulators, concerned that the company was not taking apparently dangerous defects seriously enough, traveled to Japan in December to light a fire under corporate executives. Meanwhile, millions of Toyotas continued to be driven by drivers unaware of the potential scope of the problem, and the cars continued to be sold.
Toyota's recovery from a string of quality issues could be the worst in the history of automaker recalls.
It's searing hot at the Singapore Airshow - combine 34 degree celsius temperatures with 85% humidity and you can start to imagine why my shoe soles started to melt on the tarmac.
Much has gone as expected at the Singapore Airshow. No big new orders. But certainly a lot of announcements coming from all corners of the globe nonetheless.
Automakers, both big and small, will launch a variety of models as soon as this year to ride the consumer shift to smaller, greener vehicles.
On Wednesday, disappointing earnings sent investors running for the exits stopping a comeback dead in its tracks. Is the correction back; what should you be watching?
What a start to the year has it been from airlines.
While Qantas' international business is suffering, its domestic operation - on the other hand - is thriving, Chief Executive Alan Joyce told CNBC on Monday.
It started with a deadly tragedy in summer last year that forced Toyota, which had received more than 2,000 complaints of unintended acceleration, to step up its own inquiry.