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  • Record car dealership profits   Friday, 10 Apr 2015 | 10:28 AM ET
    Record car dealership profits

    Vehicle sales are surging and auto dealers are cashing in. CNBC's Phil LeBeau reports on recalls slowing as dealership profits rise.

  • U.S. agency weighs reopening Jeep fires probe Thursday, 9 Apr 2015 | 5:17 PM ET

    DETROIT, April 9- U.S. vehicle safety regulators said Thursday they could reopen an investigation into whether Fiat Chrysler Automobiles needs to take more action to reduce the risk of gas tank fires in older Jeep sport utilities. "All options are available to us to address" the issue of fires in Fiat Chrysler Automobiles' older Jeep SUVs, a National Highway...

  • Charles Schumer rode the "R'' train from Brooklyn to City Hall on Thursday morning, chatting with straphangers, handing out leaflets and, at times, adopting Boston accents as they called for the public to pressure Congress to increase federal transportation funding. The two men, both Democrats, urged Congress to replenish the federal highway trust fund, which is...

  • Impact of FedEx-TNT deal on Asia   Wednesday, 8 Apr 2015 | 9:47 PM ET
    Impact of FedEx-TNT deal on Asia

    Michael Beer, Vice President, Asia Pacific Transportation/Infra/Logistics Research, Citi Research, describes how the acquisition of TNT Express impacts FedEx's Asia portfolio.

  • AUSTIN, Texas— Ride-hailing giants Lyft and Uber left San Antonio in their rearview mirror after the nation's seventh largest city restricted their operations, instead shifting their focus— and money— on convincing Texas lawmakers to allow them to operate statewide with fewer restrictions. The companies are spending as much as $1 million on more than three...

  • *China's car sales growth slowing. BEIJING, April 9- Edward Bao, a Chinese highway operations manager in the coastal city of Ningbo, is hunting for a bigger car for his young family and is considering trading up from a compact sedan to a sports utility vehicle. Bao is part of China's swelling ranks of middle-class consumers who are upgrading to SUVs and in the process...

  • BRUSSELS— European Union authorities were looking into German airline safety procedures on "a number of issues" well ahead of the March 24 Germanwings crash after a standard inspection by its aviation safety agency questioned some procedures, an official told The Associated Press Wednesday. The EU Commission official, who asked not be named because of the...

  • April 8- Zep Inc, a maker of maintenance and cleaning chemicals, agreed to be taken private by New Mountain Capital for about $692 million, including net debt. The company's shares rose more than 18 percent to $20.23 in premarket trading on Wednesday, slightly above the offer price of $20.05 per share. Zep's shares, which have fallen nearly 6 percent in the past 12...

  • Tesla boosts range, power and price of low-end Model S Wednesday, 8 Apr 2015 | 7:01 AM ET

    DETROIT— Electric car maker Tesla Motors is going after mainstream luxury car buyers by adding all-wheel-drive and more range and power to the base version of its only model. CEO Elon Musk says with a $7,500 federal tax credit that takes the price to $67,500, plus tax credits in some states, the new version is price-competitive with BMW's midsize 5- Series, or the...

  • *Regulator had downgraded India to category 2 in Jan 2014 Decision could be a boost for Air India, Jet Airways. NEW DELHI, April 8- The U. S Federal Aviation Administration has upgraded India's aviation safety rating, in a boost for Indian airlines which can now increase the number of flights they operate to the United States. Transportation Secretary Anthony Foxx...

  • SEATTLE, April 7- A Native American community in Washington state filed a federal lawsuit on Tuesday against BNSF Railway to prevent trains carrying crude oil from using tracks on reservation land, saying the transport violates a long-standing agreement. The Swinomish Indian Tribal Community says BNSF has been using tracks that cross reservation land in...

  • Stock Brawl: FedEx vs. UPS   Tuesday, 7 Apr 2015 | 3:26 PM ET
    Stock Brawl: FedEx vs. UPS

    Art Hatfield, Raymond James, and James Ramelli, KeeneOnTheMarket.com, discuss which is the better bet: FedEx or UPS.

  • Forget the taxi: Business travelers Uber it   Tuesday, 7 Apr 2015 | 11:16 AM ET
    Forget the taxi: Business travelers Uber it

    According to a new report by Certify, 46 percent of business people used Uber, up 14 percent in January 2014. Detail's on the report, with CNBC's Josh Lipton.

  • NEW YORK— Business travelers are bypassing the taxi queue with greater frequency, choosing instead ride-hailing services like Uber Technologies. That's more than tripled from the 14 percent of rides that Uber had just over a year ago in January 2014. "While we often see noteworthy market shifts— leading restaurant chains and hotels exchanging leadership...

  • The National Transportation Safety Board issued a series of recommendations calling for tank cars to be fitted with protective systems better able to withstand fire than the bare steel construction now widely in use. "The longer we wait, the more we expose the public to the problems of these cars that aren't especially robust," NTSB Chairman Christopher Hart...

  • Official airline of the PGA loses golfer's clubs Monday, 6 Apr 2015 | 4:35 PM ET
    Russell Henley chats with caddy Adam Hayes on the eighth hole during the first round of the Tour Championship in Atlanta, Sept. 11, 2014.

    United Airlines lost professional golfer Russell Henley's clubs while he was en route to The Masters tournament.

  • WASHINGTON— U.S. service firms expanded at a slightly slower yet still healthy pace in March, an encouraging sign after multiple reports last week pointed to a slowing economy. The Institute for Supply Management said Monday that its services index slipped to 56.5 last month, from 56.9 in February. "Based on this survey, rumors of the demise of the US economy have...

  • France halts search at Germanwings crash site Saturday, 4 Apr 2015 | 11:19 PM ET
    Rescue workers conduct search operation near the site of the Germanwings plane crash near the French Alps on March 26, 2015 in La Seyne les Alpes, France.

    French investigators have ended their search for bodies in the Alps where a Germanwings passenger jet crashed last month, killing all 150 people on board, a local official said on Saturday.

  • BRUSSELS, April 4- A European regulator found "issues" with Germany's aviation authority in a regular review of air safety enforcement, the European Commission said on Saturday. Its statement did not say when the review was carried out, but the Wall Street Journal said the Commission told Berlin in November "to remedy the long-standing problems"- months before...

  • EU found "issues" with German aviation regulator Saturday, 4 Apr 2015 | 2:57 PM ET

    BRUSSELS, April 4- A European regulator found "issues" with Germany's aviation authority in a regular review of air safety enforcement, the European Commission said on Saturday. Its statement did not say when the review was carried out, but the Wall Street Journal said the Commission told Berlin in November "to remedy the long-standing problems"- months before...