Global airline stocks closed sharply on Wednesday after the CDC confirmed the first case of Ebola in the country.» Read More
NEW YORK, Oct 1- U.S. stocks dropped more than 1 percent on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors, economic data pointed to uneven growth, and the Russell 2000 index entered correction territory.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Delta Air Lines Inc., down $1.25 to $34.90. General Mills Inc., down 47 cents to $49.98.
Art Cashin of UBS says several factors are hurting stocks: Geopolitical tensions, Ebola worries, deflation and growth concerns.
NEW YORK, Oct 1- U.S. stocks were down more than 1 percent in late afternoon trading on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors and pressured shares of airlines and other transportation names.
The patient, now hospitalized in Dallas, had flown from Ebola-ravaged Liberia through Brussels to Texas, the Liberian information ministry said. JetBlue Airways and American Airlines said they were closely following guidelines from the U.S. Centers for Disease Control and Prevention.
Oct 1- U.S. airlines and their trade group Airlines for America are in close contact with the Centers for Disease Control and Prevention on actions the U.S. government is taking to address Ebola health concerns, according to a spokesperson for JetBlue.
NEW YORK— Traffic at Chicago's two busiest airports was slowly returning to more normal levels Monday, three days after a fire at a regional air traffic control center disrupted much of the nation's air-travel system.
BOSTON— Five airline employees have been charged with using their security clearances to smuggle more $417,000 in cash past checkpoints at Logan International Airport.
The letter was sent to the heads of the Department of Transportation, the Department of Homeland Security, the Department of Justice and the FCC, and urged a comprehensive review of policy across jurisdictional lines.
Fares were up more than 8 percent in the second quarter, and checked-bag fees continued to climb as well.
NEW YORK, Sept 19- American Airlines Group Inc said on Friday it struck a tentative contract agreement with the Association of Professional Flight Attendants, an important step in finalizing a deal with 24,500 U.S.-based stewards at the airline.
JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.
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A Malaysian Airlines flight from Kuala Lumpur to Hyderabad was turned back on Saturday due to a defect with the plane's auto-pilot system, the airline said in a statement.
WASHINGTON, Sept 11- A top Boeing Co executive on Thursday showed no concern that rival Airbus could receive U.S. Export-Import Bank financing for its U.S-manufactured jetliners if it met qualifications.
American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets.
Sept 10- American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
Analysts have high expectations for 32 companies in the S&P 500 that they say will trade at least 20 percent above their current levels.