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Business Industrials

  • 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...

  • 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-nationalising 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...

  • Jim Cramer on Mad Money.

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

  • Cramer finds a buying opportunity in a high-performing toolmaker

    Jim Cramer looks into the stock of Stanley Black & Decker to vet its recent pullback.

  • Stanley Black & Decker power drills are displayed for sale at a Home Depot store in Colma, California.

    Jim Cramer looks into the stock of Stanley Black & Decker to vet its recent pullback.

  • SEATTLE, May 17- Alaska Air Group said on Wednesday it plans to begin scheduled flights from a second Seattle- area airport next year, giving it exclusive access to a growing part of the Pacific Northwest' s Puget Sound region. Alaska Air's plan to fly Boeing Co 737 and Embraer 175 jets from Paine Field in Everett, Washington, starting in the fall of 2018 marks the first...

  • But U.S. aviation-security officials appear determined to ban large electronic devices in the cabin of flights from Europe. On Wednesday, U.S. and European Union officials exchanged information about threats to aviation, believed to include bombs hidden in laptop computers. Airline and travel groups are concerned about the possibility that a ban on laptops...

  • VIENNA— Budget carrier Ryanair says a regular flight from Sofia to London was diverted to the Austrian city of Linz and a "disruptive" passenger handed over to police before the aircraft continued on to its destination. Company spokesman Ronan O'Keeffe said Wednesday that the incident occurred Tuesday but gave no details. State broadcaster ORF says the man is a...

  • BRUSSELS— Talks on a proposed U.S. ban on laptops and tablets in flights from Europe ended Wednesday with no ban— and a promise of more talks and better intelligence sharing. For days now, European Union officials have been hoping for details on the threat that prompted the proposed ban— the same details that U.S. On Wednesday, in a secure room in Brussels, officials...

  • DENVER— A year after four pilots accused Frontier Airlines of not doing enough to help pregnant or nursing employees, two flight attendants on Tuesday filed similar discrimination complaints Tuesday accusing the Denver- based discount carrier of forbidding them from pumping breast milk while on flights. In documents filed with the U.S. Equal Employment...

  • Fears that a bomb could be concealed in electronic devices prompted the United States to announce in March it would restrict passengers from bringing devices larger than cellphones on flights originating from 10 airports, including in the United Arab Emirates, Saudi Arabia, Qatar and Turkey. He also said any expansion could affect international airports in...

  • MONTREAL/ OTTAWA, May 16- The Canadian government unveiled new rules that could help carriers form joint ventures and attract foreign investment, while bolstering passenger rights on Tuesday, lifting shares of airline stocks. Canada aims to have the rules in place by 2018.. Spracklin also said the rules, which give major hubs like Toronto the option of buying...

  • MONTREAL/ OTTAWA, May 16- The Canadian government unveiled new rules that allow airlines to form joint ventures and guarantee passenger rights on Tuesday, lifting shares of airline stocks. The rules would apply to all carriers operating flights into and out of Canada, and ensure that passengers who buy tickets for a flight won't be forced off a plane because of...

  • TORONTO— No one who has bought a ticket for a domestic or international flight in Canada will be allowed to be removed because of overbooking under a new passenger bill of rights, the transportation minister announced Tuesday. Minister Marc Garneau said the shoddy treatment of air passengers outlined in recent news reports will not be tolerated on any...

  • 1. Delta Air Lines, 86.9 percent. 2. Hawaiian Airlines, 84.7 percent. 3. United Airlines, 81.0 percent.

  • Virgin America had the highest rate of delayed flights, and discount carrier Spirit Airlines drew the highest rate of consumer complaints. The Transportation Department released figures for March on Tuesday. JetBlue had the highest rate of bumping, which it says can occur when a smaller plane replaces a larger one.

  • MONTREAL/ OTTAWA, May 16- The Canadian government on Tuesday said it planned to adopt regulations strengthening airline passengers' rights that would prevent overbooking incidents like a recent high-profile case of a United Airlines passenger being dragged off a plane in Chicago. Under the regulations, which would apply to all carriers operating flights...

  • OTTAWA, May 16- The Canadian government on Tuesday said it planned to adopt regulations strengthening the rights of air passengers, which would cover cases of denied boarding, lost or damaged baggage and delays on the tarmac over a certain period of time. Transport Minister Marc Garneau said the independent Canadian Transportation Agency would be...