U.S. highway travel rose 2.5 percent in September from a year ago, rising 5.8 billion miles (9.3 billion km) to 240.7 billion miles, the U.S. Transportation Department said on Friday.
The world no. 2 brewer beat forecasts on Thursday with a 6 percent rise in first-half profit and said its second half should be boosted by a fall in input costs and favorable currency movements.
Americans will travel 1.4 percent more this Thanksgiving holiday weekend compared to last year as consumer sentiment improves after the global economic crisis, travel and auto group AAA said Wednesday.
McDonald's, the world's largest fast-food chain, said Monday that monthly sales growth edged down in October in the U.S., only the third time the monthly figures haven't climbed in 6 1/2 years.
British Airways swung to a first-half pretax loss of 292 million pounds, as business class passenger numbers continued to tumble, dashing hopes air traffic demand was recovering from the slump caused by the downturn.
Barack Obama has done it again. The president's starpower has made the United States the place most people want to visit and do business with, according to an annual survey that ranks nations like retail brands.
Leisure destinations are recovering but traditional business destinations remain weak, said Barney Harford, Orbitz Worldwide CEO on Thursday. "The green shoots of the recovery are coming from the leisure sector,” he told CNBC’s Becky Quick on “Squawk Box.”
Thursday, 5 Nov 2009 | Source: The Associated Press
Shares of Hyatt Hotels traded higher Thursday in the iconic hotel chain's first day on the New York Stock Exchange, with investors dismissing concerns about infighting among its founder's heirs and tepid hotel reservations around the world.
A growing storm of debris flying around in space is dramatically increasing the risk of orbital crashes, and steps to avoid them will add greatly to the costs of future space flight, British space experts say.
New Zealand's national carrier Air New Zealand will buy 14 new Airbus planes at a cost of around US$1 billion to replace its domestic fleet of Boeings, the airline said on Tuesday.
London celebrated 25 years of British fashion at the British Fashion Council's London Fashion week. Held at the iconic Somerset House in London's West End, the catwalk shows and exhibitions highlighted the UK's place in the global fashion landscape along with featuring new talent.
Japan's government will set up a new team of ministry officials to work on a bailout for Japan Airlines, including bridging loans, Transport Minister Seiji Maehara said.
When consumers shut their wallets tight last year, caught in the vice grip of the financial crisis, many analysts expected that the downturn was so severe that it would make permanent changes in how consumers behaved.... Read More