But we also shouldn't worry too much, "says Phil Derner, founder of the aviation enthusiast website NYC Aviation. Then you would say there's a systemic problem here, but each event is unique, "said Jon Beatty, president and CEO of the Flight Safety Foundation, an airline industry-supported nonprofit in Alexandria, Virginia, that promotes global aviation safety.» Read More
NEW YORK-- A surprisingly strong housing report helped push the stock market mostly higher Wednesday, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.
WASHINGTON-- Metro says it has fallen behind on its effort to expand cellphone service throughout the transit system and may not complete the project until 2015.. In a letter to Congress on Tuesday, Metro General Manager Richard Sarles says there is still much work to do to provide wireless access throughout the system.
Among the earnings stories for Wednesday, Oct. 17, from The Associated Press. _ The Knight Capital Group Inc. trading firm said it lost $764.3 million in the third quarter because of a software glitch that flooded the stock market with trades one day in August, causing dozens of stocks to fluctuate wildly.
KEYSTONE, Colo.-- Colorado's ski season is getting under way. Arapahoe Basin is starting its season with an 18- inch base, one lift running and one intermediate trail open Wednesday. The ski area is the first in Colorado to open for this winter.
Among the earnings stories for Wednesday, Oct. 17, from The Associated Press. _ American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy. _ Bank of America Corp. narrowly turned a profit from July through September, good enough to beat Wall Street expectations.
LINCOLN, Neb.-- Nebraska has awarded $2.7 million in grants to cities for local public works and water treatment projects. The money will help pay for projects in Loup City, Sidney, South Sioux City, Taylor, Walthill, Crawford, Haigler and North Loup. The city of Walthill will receive a new fire station.
BEIJING-- A glance at history suggests it's easier for a Chinese woman to orbit Earth than to land a spot on the highest rung of Chinese politics. "You are so young, so beautiful," state media quoted Liu as telling the teacher, Zhang Lili. " Leadership transitions only happen once a decade in China.
TOPEKA, Kan.-- A northeastern Kansas woman is accused of stealing more than $817,000 over six years from the credit union where she worked. Attorney's office filed a criminal information Tuesday charging Pamela Emig with embezzling from Enterprise Credit in the town of Enterprise.
Among the earnings projection stories for Wednesday, Oct. 17, from The Associated Press:. _ CSX Corp. predicts its shipping volume will be relatively flat in the fourth quarter because demand for coal remains weak and the economy is growing slowly.
NEW YORK-- It's been nearly 40 years since New York City started planning a memorial to President Franklin Roosevelt on an island in the East River. Welfare Island was renamed Roosevelt Island, and American architect Louis Kahn was commissioned to design a park honoring the 32nd president.
BISMARCK, N.D.-- The U.S. Department of Agriculture's Rural Development agency says it provided more than $61 million for North Dakota housing projects during the past fiscal year. The agency says funds in fiscal 2012 included loans for single-family homes and more than $3 million in rental assistance to low-income tenants.
WASHINGTON-- Drug and medical device maker Abbott Laboratories reported higher third-quarter profit Wednesday, edging past analyst expectations, even as revenue slipped. Net income for the three months through Sept. 30 jumped to $1.9 billion, or $1.21 per share, from $303 million, or 19 cents per share, a year ago.
MADISON, Wis.-- A survey by the Wisconsin Farm Bureau Federation says food prices dipped slightly between July and September. In the third quarter of 2012, the total was $49.60. Federation spokesman Casey Langan says there are no apparent trends affecting food prices right now.
AUGUSTA, Maine-- Maine agricultural officials are heading to Washington, D.C., to work with the state's congressional delegation and federal officials regarding the demise of the 2008 Farm Bill. Commissioner Walter Whitcomb says the Farm Bill expired Sept. 30, putting Maine's dairy producers at risk.
Paul LePage has a new video about Maine's energy future, and renewable energy in particular. The three-minute video, Energy: Maine's Economic Barrier, appeared Tuesday on the Office of the Governor website. It finds fault with Maine's Renewable Portfolio Standard, the state law that sets minimums for power generated from renewable energy sources.
BEIJING-- In the simplistic narrative of U.S. presidential politics, China is a Hollywood villain, a monetary cheat that is stealing American jobs.
NEW YORK-- BlackRock Inc. said Wednesday that its third-quarter net income rose 7.9 percent, boosted by an influx of investor cash into its low-cost iShares exchange-traded funds.