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Business Industrials

  • DALLAS— Without the shocking video, it's unlikely that the world would have learned or cared about the violent manhandling of a 69- year-old man on a plane last month. American, Delta and Southwest have similar policies. This month, a United ticket agent ordered a passenger's reservation canceled as he filmed her while disputing a $300 baggage fee in the New...

  • CHICAGO— The CEO of United Airlines assured shareholders Wednesday that the company is doing all it can to be more customer-friendly since video surfaced of a passenger being violently ejected from a plane last month. At the company's annual meeting, Oscar Munoz mentioned the April 9 incident at least a half-dozen times. Shares of United Continental Holdings...

  • May 23- Honeywell International Inc said on Tuesday it would decide by fall this year whether to separate its aerospace business, a move hedge fund Third Point LLC wants the U.S. industrial conglomerate to pursue. Third Point, run by billionaire Dan Loeb, last month said Honeywell should spin off the aerospace division, saying the separation could create more...

  • WASHINGTON, May 23- The Trump administration wants to allow states to expand the use of tolling on interstate highways while sharply cutting grants for transit projects and raising airline passenger security fees, according to the White House budget released on Tuesday. The Transportation Department's "discretionary" budget is being cut by 12.7 percent, or...

  • WASHINGTON, May 23- New U.S. single-family home sales tumbled from near a 9-1/ 2- year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 percent to a seasonally adjusted annual rate of 569,00 units last month, with sales in the West region plunging to...

  • The EU fears the United States has already made up its mind to extend the ban on flights from Europe to the United States and has told airports and airlines to be prepared, according to notes from a meeting, seen by Reuters, in which the European Commission debriefed industry representatives and member states on the result of talks with the United States.

  • *Airline sector worst performer after Manchester blast sours mood. TOKYO, May 23- Japanese stocks were flat on Tuesday morning as a risk-averse mood kept investors sidelined following an explosion in the English city of Manchester, which lifted the safe-haven yen and depressed some export-oriented shares. Airline shares was the worst performer on the board,...

  • *Staff cuts to made at Hong Kong headquarters. SYDNEY/ SHANGHAI, May 22- Cathay Pacific Airways Ltd said on Monday it was cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices. In addition to cheaper tickets- the result of low fuel prices that led airlines to...

  • HONG KONG— Hong Kong airline Cathay Pacific Airways said Monday it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. Hong Kong's biggest airline is making cuts after it reported a $74 million loss last year. The airline, which employs 16,500 workers in Hong Kong, said most of the...

  • In a story May 19 about a flight disturbance on a flight from Los Angeles to Hawaii, The Associated Press misspelled the last name of a man who was restrained and taken into custody. Two U.S. fighter jets were summoned Friday to escort a flight from Los Angeles to Hawaii after an unruly man was subdued by passengers and flight attendants, who used a drink cart to block...

  • HONOLULU— Two U.S. fighter jets were summoned Friday to escort a flight from Los Angeles to Hawaii after an unruly man was subdued by passengers and flight attendants, who used a drink cart to block him from the front of the plane. The man, identified by law enforcement officials as Anil Uskanil, 25, of Turkey, was duct-taped to his seat until the plane landed in...

  • *Canadian Prime Minister Justin Trudeau says we will always defend Bombardier and the Canadian aerospace industry For story: Further company coverage:.

  • Spirit Airlines says canceled flights have dropped sharply since a judge intervened in a dispute with the pilots' union over an alleged work slowdown. Airline spokesman Paul Berry said it appeared pilots were picking up extra flights. The Air Line Pilots Association says its members helped stabilize the airline's operation.

  • Cramer Remix: The stink of Washington hasn’t thrown off these stocks

    Jim Cramer shared his top stock picks that can survive turmoil in the White House.

  • Jim Cramer

    Jim Cramer shared his top stock picks that can survive turmoil in the White House.

  • AUSTIN, Texas— A Texas Army National Guard officer returning home after nearly two years deployed to Afghanistan says he had to pay United Airlines $200 because his military bag was overweight. KTBC-TV in Austin reports 1st Lt. John Rader of Kyle had a duffel just over the 70- pound military bag weight limit, for no charges, to take a United flight Monday from El Paso.

  • *India fast-tracks own-brand reactor construction. *India will only buy proven reactor technology. NEW DELHI, May 18- India's plan to build 10 of its own nuclear reactors does not signal a pivot away from foreign suppliers, but to succeed their projects must be financially sound and based on proven technology, a top official told Reuters.

  • SAN FRANCISCO, May 18- Venture capitalists have poured $18 million into a startup that is helping to digitize the long-haul trucking industry, the latest sign that Silicon Valley is eager to take a piece of a $700 billion- a-year sector that has long relied on pencil and paper. San Francisco- based startup KeepTruckin said on Thursday it raised $18 million in a...

  • Cramer Remix: Here are the winners after Wednesday’s market-wide selloff

    Jim Cramer broke down the market’s moves and which stocks could benefit after the market’s selloff.

  • MILAN, May 18- Alitalia went on the auction block on Wednesday, as Italy kicked off the process of finding a buyer to save the money-losing flag carrier. Rome has ruled out re-nationalizing Alitalia, once a symbol of Italy's post-war economic boom, which is struggling to compete at home against low-cost carriers and high speed trains. As of Feb. 28, the airline had...