NEWBURGH, N.Y.— State police say a fake hand grenade in a passenger's luggage has disrupted operations at an airport in New York's Hudson Valley. Troopers say Stewart Airport in Newburgh was closed just after 10:30 a.m. Wednesday when the souvenir grenade was found during security screening.» Read More
CNBC's Phil LeBeau reports Volkswagen has issued a "stop sale" order on certain models of Passats, Jettas, Beetles, and Beetle convertibles, due to a potential fire hazard.
The Solar Impulse 2, unveiled to the world Wednesday at Switzerland's Payerne Air Force Base, is a bigger and better version of the single-seater prototype that first took flight five years ago. The original plane demonstrated that a solar-powered plane can fly through the night, hop from Europe to Africa and cross the width of the United States.
NEW YORK— Once again, it was the Federal Reserve to the rescue for the stock market. Facebook rose the most in the S&P 500, jumping 7.3 percent, followed closely by biotech company Vertex Pharmaceuticals, up 7 percent.
SAN FRANCISCO— Officials say more than three dozen people are possibly ill with the highly contagious Norovirus while onboard a cruise ship sailing to ports in California. Princess Cruises spokeswoman Karen Candy says about 37 passengers on the Crown Princess reported being sick while the ship was in San Francisco on Monday.
JEFFERSON CITY, Mo.— Missouri voters would be asked to approve a 1- cent sales tax to fund roads, bridges and other modes of transportation under a measure endorsed Tuesday by the state House. Supporters said the measure is essential for Missouri to maintain its current infrastructure and to finance new road construction.
NEWARK, N.J.— In the wake of a commuter rail crash in New York that killed four people and left dozens injured, New Jersey Transit will undergo internal and external reviews of its safety practices and procedures. Officials said the efforts were spurred by a report on the Dec. 1 derailment of a Metro-North train in the Bronx.
Despite years of ever-riskier adventures and equally elaborate rescue efforts when adventures become misadventures, government agencies and military services generally are reluctant to seek compensation.
Goldman Sachs is getting bullish on airline stocks today. FMHR trader Pete Najarian likes the space, while Joe Terranova thinks it may have gotten ahead of itself.
Researchers at Wichita State and Embry-Riddle Aeronautical universities who conducted the study said airlines delivered their best performance in 2013 in the 23- year history of the quality rating.
CNBC's Phil LeBeau reports the results of the 24th annual National Airline Quality ratings which focuses on the performance and quality of the 15 largest U.S. airlines.
An Australian navy vessel picked up signals consistent with those of a flight data recorder, reports CNBC's Michelle Caruso-Cabrera.
Virgin America topped the ratings, and three regional airlines scored at the bottom. Among the four biggest airlines, Delta ranked best followed by Southwest, American and United, according to researchers from Wichita State University and Embry-Riddle Aeronautical University. Best: Virgin America; worst: American Eagle.
SHANGHAI, April 7- Chinese banks are stuck in a lose-lose legal battle between domestic shipyards and foreign buyers over billions of dollars in refund guarantees that are supposed to be paid out if shipbuilders fail to deliver on time.
PERTH, Australia— A Chinese ship involved in the hunt for the missing Malaysian jetliner reported hearing a "pulse signal" Saturday in southern Indian Ocean waters with the same frequency emitted by the plane's data recorders, as Malaysia vowed not to give up the search for the aircraft.
It began flying in 1921, after carriers like Australia's Qantas and Colombia's Avianca. Mexico's Federal Judiciary Council said the decision meant an administrator will be appointed to start selling off the company's assets to repay the airline's obligations.
The company has a deal with Forest Laboratories for co-creation of a dementia drug, which is pending FDA approval. Ally Financial Inc.- The finance company's offering could make taxpayers whole for a $17.2 billion government bailout during the financial crisis. Ally, known as GMAC Inc. at the time of its bailout, had been the auto lending arm for General Motors.
It began flying in 1921, after carriers like Australia's Qantas and Colombia's Avianca. Mexico's Federal Judiciary Council said the decision meant an administrator will be appointed to start selling off the company's assets to repay creditors.
GENEVA, April 4- Russia is inflicting $2.2 billion of annual costs on crossborder trade by enforcing illegal customs charges and inspections on trucks, the Secretary General of the International Road Transport Union said on Friday.
DETROIT— An aging airport in Detroit could again get passenger service if $28.5 million in funding is approved as part of the city's bankruptcy plan, officials said. "I look at Detroit city airport and think it is a jewel that nobody's polished," said Michael Boyd, an aviation consultant and president of Colorado- based Boyd Group International.
Mike Pence on Thursday announced plans to use $200 million in newly released funds to expand sections of Interstate 65, and a transportation department spokesman said project could reduced travel time for some commuters in the Indianapolis area.