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  • WASHINGTON— U.S. construction spending increased in June by the smallest amount in five months as a big drop in nonresidential building activity offset a third straight increase in home building. Construction spending edged up a slight 0.1 percent in June following a 1.8 percent increase in May and a 3.8 percent rise in April, the Commerce Department said...

  • WASHINGTON, Aug 3- U.S. construction spending barely rose in June as private outlays posted their biggest drop in a year, but the underlying trend suggested the economy remained on solid ground. Construction spending increased 0.1 percent, the smallest rise since January, the Commerce Department said on Monday. In June, construction spending was restrained by a...

  • WASHINGTON— US construction spending up 0.1 percent in June, smallest gain in 5 months; housing rises.

  • WASHINGTON— The Commerce Department reports on June U.S. construction spending at 10 a.m. Eastern on Monday. BUILDING UP: The expectation is that construction spending posted a solid gain of 0.6 percent, according to a survey of economists by data firm FactSet. BIG GAIN: In May, U.S. construction spending rose 0.8 percent, pushing total activity to a seasonally...

  • HANOI, Aug 3- Brought to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world's tallest skyscrapers and buyers snapping up new projects fast. "I can sell about three to five units per month now, much better than before, when I could only sell the same in the...

  • A new piece of debris, meanwhile, found on Sunday on the French island of Reunion in the western Indian Ocean turned out to be a "domestic ladder," and doesn't belong to a plane, Malaysian Director General of Civil Aviation Azharuddin Abdul Rahman told The Associated Press amid media reports that a new plane part was found. Malaysian government officials will ask...

  • BRASILIA, July 31- Brazil's antitrust regulator CADE and federal prosecutors signed a leniency deal on Friday with engineering company Camargo Correa aimed at obtaining evidence of alleged price-fixing of contracts to build a nuclear power plant. Camargo Correa was the first of Brazil's construction firms to have its top executives convicted of...

  • LONDON, July 31- IAG, owner of British Airways and Iberia, said on Friday it will continue to focus on driving down costs as competition intensifies both within Europe and as rivals put on more capacity on its all-important transatlantic routes. IAG, which is buying Aer Lingus to add to a portfolio comprising BA, Iberia and Vueling, said its unit revenue per...

  • BRISBANE, Australia— Etihad Airways said Friday that it will continue to fight a lawsuit by a passenger who says he was left with back pain because he was seated beside an overweight man on a 14- hour flight from the United Arab Emirates to Sydney. James Bassos, of Brisbane, is suing the Abu Dhabi- based airline in the Queensland state District Court over a permanent...

  • SAINT-ANDRE, Reunion— A barnacle-encrusted wing part that washed up on a remote Indian Ocean island could help solve one of aviation's greatest mysteries, as investigators work to connect it to the Malaysia Airlines flight that vanished more than a year ago. The surprise discovery of the debris on a rocky beach stirred hopes and emotion among families of the...

  • A V Homes reports 2Q loss Thursday, 30 Jul 2015 | 6:33 PM ET

    SCOTTSDALE, Ariz. _ A V Homes Inc. on Thursday reported a loss of $4.5 million in its second quarter. A V Homes shares have declined nearly 1 percent since the beginning of the year. Keywords: A V Homes, Earnings Report.

  • GRAPEVINE, Texas— No injuries were reported after a tire on a landing gear on a Spirit Airlines jet caught fire while landing at Dallas-Fort Worth International Airport. Airline spokeswoman Paul Berry says Spirit Flight 407 was arriving shortly before 1 p.m. Thursday from a three-hour flight from Orlando, Florida, when the tire on a landing gear ignited.

  • GRAPEVINE, Texas— Three passengers were slightly hurt while evacuating an American Airlines jet after smoke was detected in the plane as it prepared to leave Dallas-Fort Worth International Airport. American spokeswoman Andrea Huguely says the crew of Flight 1658 deployed the emergency slides during Thursday's incident. Huguely says American officials...

  • Virgin America's 2Q profit beats Wall Street forecasts Thursday, 30 Jul 2015 | 8:51 AM ET

    Virgin America's second-quarter profit beat Wall Street expectations on cheaper fuel, and the airline plans to grow at a double-digit rate next year after it starts flying to Hawaii. For example, he said, Virgin will resume flights between San Francisco and Fort Lauderdale, Florida, and offer an additional daily flight to New York from both San Francisco and Los...

  • Vice president of flight operations Greg Baden and director of flight safety Michael Wuerger were at the controls of the July 23 flight with 144 passengers on board, the airline said. The plane left Las Vegas more than an hour behind schedule, according to tracking service FlightAware.com. The airline said that's because a passenger had a medical emergency in...

  • SAO PAULO, July 30- Brazilian planemaker Embraer SA said on Thursday it will delay development of a military cargo jet and forgo $300 million of revenue this year due to Brazil's weaker currency and defense spending cuts, triggering the biggest drop in its shares in nearly four years. Embraer now plans to deliver its first KC-390 cargo aircraft to the Brazilian...

  • July 30- Earning and using airline miles used to be simple. One key change: Delta Air Lines' announcement in mid-July that its SkyMiles rewards will be based on what you spend, rather than on the distance you travel, and the cost will be based on demand rather than a fixed amount. Experts like Brian Kelly, known as The Points Guy, expect more major airlines to follow suit.

  • Granite Construction misses Street 2Q forecasts Thursday, 30 Jul 2015 | 9:15 AM ET

    WATSONVILLE, Calif. _ Granite Construction Inc. on Thursday reported second-quarter net income of $9.6 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Granite Construction shares have decreased roughly 9 percent since the beginning of the year.

  • NAIROBI, July 30- Kenya Airways sunk deeper into the red in the year through March, sending its shares plummeting on Thursday, but CEO Mbuvi Ngunze said the tourism slump that sparked the losses may have bottomed out. The carrier, one of Africa's largest, said its pretax loss widened to 29.71 billion shillings for 2014/ 15, from 4.86 billion shillings a year earlier,...

  • Lufthansa's Austrian ready to expand services to Iran Thursday, 30 Jul 2015 | 6:48 AM ET

    VIENNA, July 30- Lufthansa unit Austrian Airlines is ready to expand its services to Iran to include flights to Isfahan and Shiraz, as soon as a good opportunity presents itself, the Chief Financial Officer of the Austrian group said on Thursday. Austrian Airlines, Lufthansa's Vienna- based platform into Eastern Europe, already offers daily flights to Iran's...