NEW YORK, Dec 5- For lawyers preparing to sue over Sunday's deadly New York commuter rail accident, their success in court may depend largely on two factors: whether human error caused the derailment and if state or federal law governs railroad safety in the case.» Read More
Continental Airlines has called off talks with United Airlines because of the other carrier's weak financial condition, and "the increasing cost of oil increases the risk of doing an airline merger," a source briefed on that matter said Sunday.
Billionaire investor Kirk Kerkorian has taken aim at the No. 2 U.S. automaker, acquiring what could become a 5.6 percent stake in Ford Motor.
The parent of United Airlines, which held unsuccessful merger talks with Continental Airlines, said on Sunday it would pursue all options to ensure a sustainable future.
American Airlines has had early-stage merger talks with US Airways and is in advanced talks for an alliance with Continental Airlines, sources briefed on the situation said.
This U.S. sector leader might be on the verge of its own iPod moment.
The Dow Jones Transportation Average and the Dow Jones Industrial Average both made fresh highs Friday, a classic bullish sign for investors who follow the charts. What does it mean going forward?
Hybrids are finding growing acceptance around the country - including the Midwest, although the West Coast , thanks to California, is still the largest market.
Chrysler is on target to meet the goals set by its private equity owner Cerberus Capital Management, despite a weakening U.S. economy, the company's top executive said on Thursday.
American Axle & Manufacturing Holdings and the United Auto Workers have made progress in talks aimed at ending a seven-week strike at five U.S. plants, but talk of a tentative agreement remains premature, a company spokeswoman said Thursday.
The news has been consistently lousy for airline passengers lately. But there's some good news for those who get bumped from airline flights.
UAL, the parent of United Airlines, and rival carrier Continental Airlines both hinted that they may seek a merger partner after Tuesday's news that Delta Air Lines will buy Northwest Airlines.
Continental Airlines and United Airlines have laid most of the groundwork for a merger, two people briefed on the matter said, and could have a deal ready "pretty quickly".
Southwest Airlines said after markets closed Thursday that its 2008 spending on jet fuel could rise more than $500 million from last year because of rising oil prices.
American Airlines, a unit of AMR,Tuesday again grounded planes and canceled hundreds of flights to conduct additional safety inspections of its MD-80 aircraft, the airline said.
Consumer complaints rose at 15 of the 16 airlines studied and overall soared 60 percent.
Delta Air Lines and Northwest Airlines have revived merger talks, according to a report in The Financial Times.
Nearly a third of domestic flights failed to arrive on time in February, continuing a period of historically poor performance for an industry plagued with safety concerns and pinched by fuel costs.
Toyota Motor on Wednesday challenged a claim by a former senior executive that Japan's government funded the development of technology that drives the market-leading Prius hybrid.
U.S. auto sales dropped 12 percent in March in a decline blamed on shaky consumer confidence, high fuel prices and concern that a housing market downturn could spread into a full recession.
Automakers reported double-digit U.S. sales declines in March as demand for trucks and sport utility vehicles plummeted and consumers held back because of concerns about gas prices, the housing slump and tightening credit.