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Transportation: Leisure

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  • Airplane Takeoff

    This recession isn’t to be taken lightly. But even though the airline industry is evolving, demand for air travel will rebound and increase. When it does, we will need the infrastructure in place to meet that future demand.

  • Texas Man Drives Bugatti Into Pond; Blames Bird Friday, 13 Nov 2009 | 10:01 AM ET

    Police say a low-flying pelican distracted a driver in Texas, causing him to veer off a road and drive his million-dollar sports car into a salt marsh.

  • Different sectors are taking turns pushing stocks higher. Find out who’s waiting around the bend.

  • What's in a name? They found out in Proctor, Minn., this week when the motorized chair, formerly known as La-Z-Boy, sold for just a fraction of what it was going for before La-Z-Boy made them stop using their name.

  • Party’s Over: A New Tone for Chrysler Thursday, 5 Nov 2009 | 10:35 AM ET
    Sergio Marchionne

    The old Chrysler was famous for its aggressive marketing and auto-show stunts, like running a cattle drive down the streets of Detroit to publicize a new pickup. But for its coming-out party on Wednesday, the new Chrysler stuck to a far more serious and subdued script, says the New York Times.

  • GM Monthly US Sales Bounce, Hyundai Soars Tuesday, 3 Nov 2009 | 6:38 PM ET

    General Motors posted its first monthly sales increase in nearly two years as a rebound in industrywide U.S. auto sales in October pointed toward a gradual recovery for the battered sector. 

  • Could Buffett’s Bet Trigger A Technical Rally? Tuesday, 3 Nov 2009 | 5:38 PM ET

    After looking at the action in the Dow Transports, investors are wondering if Warren Buffett may have sent the bulls off to the races!

  • How can you invest along the same principles as Warren Buffett? James Altucher, managing director of Formula Capital, shared his insights.

  • GM Monthly Sales Increase; Ford Sales Edge Lower Tuesday, 3 Nov 2009 | 3:52 PM ET
    2010 Ford Taurus

    General Motors reported an increase in auto sales last month while rival Ford Motor saw sales decline, as market watchers look for an industry-wide increase from September's levels, which were hurt by a Cash for Clunkers hangover.

  • EBay removed an auction for a "Motorized La-Z-Boy Chair" after La-Z-Boy complained that it didnt' want its name associated with a police auction. There's a new auction up, but once you take out the La-Z-Boy, it's now just a "DWI Chair"—a nod to why it was confiscated. Gentlemen, start your bids!

  • What Buffett's BNI Buy May Mean for Other Rail Stocks Tuesday, 3 Nov 2009 | 11:40 AM ET

    Warren Buffet’s Berkshire Hathaway announced Tuesday it will acquire the remaining 77 percent stake in Burlington Northern Santa Fe that it doesn't already own for $100 a share in cash and stock. Art Hatfield, a transportation analyst with Morgan Keegan shared his insights on the decision.

  • New Zealand's national carrier Air New Zealand will buy 14 new Airbus planes at a cost of around US$1 billion to replace its domestic fleet of Boeings, the airline said on Tuesday.

  • Ford Workers Reject Contract Changes Monday, 2 Nov 2009 | 2:57 PM ET
    Ford announced today that it is cutting production by 21% resulting in downtime at the assembly plant in St. Thomas Ontario on Friday Aug. 18, 2006. Ford Motor Co. announces sharp cuts in its North American production that would force it to partially shut down plants in the U.S. and Canada in the fourth quarter. (AP Photo/Canadian Press, Geoff Robins)

    The United Auto Workers union had given local unions until Monday to complete voting. But a person briefed on the voting said Saturday that the contract changes have been rejected by large margins.

  • Bidding for Motorized La-Z-Boy Tops $40,000 Monday, 2 Nov 2009 | 12:52 PM ET

    How much would you pay for a motorized La-Z-Boy? Try OVER $40,000. That's how much a homemade vehicle is going for on eBay right now after it was confiscated from its owner, who admits to driving it drunk.

  • Fraud Plagues Sugar Subsidy System in Europe Tuesday, 27 Oct 2009 | 10:56 AM ET

    In the sprawling European subsidy program - which lavishes more than 50 billion euros ($75 billion at current exchange rates) a year in agricultural aid - no commodity is more susceptible to fraud, chicanery and rule-bending, experts say, than simple household sugar.

  • Guy Adami and Dennis Gartman have both spotted an important technical indicator that they find troublesome, to say the least.

  • Pilot Who Overshot Airport Denies Crew Was Napping Saturday, 24 Oct 2009 | 6:30 PM ET

    The first officer of the Northwest Airlines jet that missed its destination by 150 miles says he and the captain were not sleeping or arguing in the cockpit but he wouldn't explain their lapse in response and the detour.

  • Could Letting Pilots Nap Make Flying Safer? Saturday, 24 Oct 2009 | 2:58 PM ET
    Airplane Takeoff

    Charles Lindbergh famously fell asleep while crossing the Atlantic, and despite strict federal rules against it, experienced airline pilots say it's not uncommon to sneak a nap inside the cockpit.

  • 2010 Could be 'Very Good' for Transports: Analyst Thursday, 22 Oct 2009 | 10:50 AM ET

    Profits and sales were down for another quarter at UPS, but investors will be looking ahead to the upcoming holiday season to see if the world's largest shipping carrier—and the U.S. economy—are on the road to recovery. Arthur Hatfield, transportation analyst at Morgan Keegan, shared his analysis of UPS.

  • CSX CEO: Economy ‘Turning to the Positive’ Wednesday, 21 Oct 2009 | 9:42 PM ET

    Find out what Michael Ward had to say about next quarter and beyond.