For thousands of Americans who flew this spring, fewer flights arrived on time and more of their bags were mishandled by airlines.» Read More
CHICAGO, July 7- As North Americans hit the highways, airports and rails for vacations this summer, it's not hard to believe that some of the most robust stocks are in the transportation industry- particularly in an improving economy.
CARACAS, Venezuela— Delta Air Lines drastically reduced service to Venezuela on Monday in a dispute with the government over revenue trapped in the South American country. The International Air Transport Association says Venezuela has prevented the repatriation of $4 billion in airline money because of currency control problems.
HARTFORD, Conn.— Connecticut Democrats are pushing back against tea party Republicans, demanding Monday that the GOP-led House of Representatives back a little-known and embattled banking agency that helps finance U.S. exports.
Some of Monday's midday movers:
*Southwest growth helps Nashville bounce back. As Nashville discovered, it can take years of adjustments to come to terms with an airline's decision to pull back.
NEW YORK— Stocks are closing at record levels following news that business hiring surged in June. Constellation Brands, the owner of Corona and Negra Modelo beer, rose 2 percent after the company said its income soared in the latest quarter. Delta Air Lines dropped 5 percent after the company said growth in a key revenue figure slowed in June.
Take a look at some of Wednesday's midday movers:
July 2- Delta Air Lines Inc on Wednesday reported that unit revenue, an important measure, rose less than it had previously forecast for the month of June. In early May, a company executive had told a Bank of America Merrill Lynch conference that unit revenues for both May and June would likely rise in the 6 percent to 7 percent range.
Cramer says the price action in Tuesday’s market is sending an important message about what to buy in the days ahead.
The "Fast Money" traders share their final trades of the day.
Southwest Airlines is launching three flights to the Caribbean after 43 years of steadily expanding in the continental U.S.
The Export-Import Bank is the perfect example of corporate welfare, crony capitalism, fraud and corruption, Larry Kudlow says.
WASHINGTON, June 27- The U.S. Export-Import Bank, derided by conservative critics as an expensive boondoggle, may win a reprieve from what looked like almost certain death in Congress if enough Republicans can be persuaded to let it live on, but with its wings clipped.
United Airlines will soon offer Goose Island Beer Company's 312 Urban Wheat Ale on worldwide flights and in its U.S. airport lounges.
PARIS, June 26- Airbus is very close to a decision to upgrade its A330 with engines provided by Rolls-Royce, setting the stage for a bitter new phase in.
June 26- Benet Wilson is one of the 2.5 million Americans who have paid a yearly fee to skip security lines at airports and thinks it's worth every penny she paid for a five-year membership in the Global Entry program offered by the U.S. Customs and Border Protection department. The value of spending $100 for Global Entry comes down to how often you fly.
WASHINGTON, June 25- The future of the U.S. Export-Import Bank was thrown further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.
WASHINGTON, June 25- The U.S. Supreme Court on Wednesday weakened the defenses available to banks in class-action lawsuits over retirement plan investment decisions. The case involved allegations against Fifth Third Bancorp for putting its own stock in employee retirement plans prior to a drop in share price.
WASHINGTON, June 25- The future of the U.S. Export-Import Bank was cast further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.
A federal judge ordered the government to revise its no-fly list, ruling it violates constitutional rights to travel freely.