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Business Industrials

  • The National Association of Home Builders and Wells Fargo said on Monday their index of builder confidence in newly built, single-family homes climbed to 70 points from 68 in April. In March, the index reached 71 which was the highest since June 2005 during the height of the prior housing boom. "While we expect a slight moderation in housing activity in the near...

  • May 15- A private gauge of U.S. home builder sentiment unexpectedly rose in May to its second strongest level since the housing bust nearly a decade ago, as the existing supply of homes remained tight. The National Association of Home Builders and Wells Fargo said on Monday their index of builder confidence in newly built, single-family homes climbed to 70 points...

  • May 15- A private gauge of U.S. home builder sentiment unexpectedly rose in May to its second strongest level since the housing bust nearly a decade ago, as the existing supply of homes remained tight. The National Association of Home Builders and Wells Fargo said on Monday their index of builder confidence in newly built, single-family homes climbed to 70 points...

  • U.S. homebuilders are feeling more optimistic about their business prospects, reflecting a recent surge in sales of newly built homes and a lingering shortage of previously occupied homes on the market. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose to 70 this month. It hit 71 in March, the highest level...

  • BRUSSELS/ PARIS, May 15- European Union and U.S. officials will meet on Wednesday to discuss airline security, including a possible extension of a ban on passengers carrying laptops in aircraft cabins, a European Commission spokesman said. "The Commission will host high-level talks at a political and technical level with the U.S. authorities this Wednesday...

  • BRUSSELS— European Union and U.S. transport and security officials will meet in Brussels on Wednesday to discuss U.S. plans to broaden an in-flight ban on laptops and tablets to include planes from Europe. European Commission spokesman Margaritis Schinas said Monday that the high-level talks are "to jointly assess any new threats and work toward a common...

  • Though the vast majority of such hard-rock mines are in the West, taxpayers are on the hook for more than $80 million in cleanup at two mines in Maine and Vermont. Those mines, along with two others in Vermont, are on the Environmental Protection Agency's list of national priorities. States have to pay 10 percent of such cleanup cost when EPA funds are used.

  • ATLANTA— Georgia Power is extending an agreement to keep construction going on a new nuclear plant after the project's main builder filed for bankruptcy. About an hour before the agreement was due to expire Friday, Georgia Power issued an 11 p.m. statement saying it had been extended. Westinghouse Electric Co., the U.S. nuclear unit of Japan's Toshiba Corp., filed...

  • May 12- Boeing Co said on Friday it resumed test flights of its $110- million 737 MAX 8 jetliner, just two days after saying it had grounded the entire fleet to address an engine problem. The resumption of flights, which the plane maker said was backed by air safety regulators, is good news for Boeing and engine-maker CFM International, a joint venture between...

  • May 12- Boeing Co said on Friday it resumed test flights of its $110- million 737 MAX 8 jetliner, just two days after saying it had grounded the entire fleet to address an engine problem. The resumption of flights, which Boeing said was backed by air safety regulators, is good news for the plane maker and engine-maker CFM International, a joint venture between...

  • In February at the request of the White House, NASA began studying the possibility of putting a crew on the first flight. The White House took part in the decision, said NASA's Acting Administrator Robert Lightfoot. The first launch had been targeted for next year, but now won't happen until 2019 when NASA will send an unoccupied Orion capsule to the vicinity of the...

  • May 12- Air Line Pilots Association International, the world's largest pilot union, said on Friday that 62 percent of WestJet Airlines Ltd's pilots who voted in a representation election favored joining the union. ALPA said 97 percent of eligible pilots of the Canadian airline participated in the election. WestJet's shares were down 4 percent at C $22 on the...

  • WASHINGTON/ BRUSSELS, May 12- U.S. and European officials will discuss airline security issues at a meeting in Brussels next week, including possibly expanding the number of airports that ban passengers from carrying electronic devices bigger than cellphones aboard flights, a European Commission spokeswoman said on Friday. Homeland Security spokesman...

  • SAO PAULO, May 12- Nene Constantino Oliveira, patriarch of the family that created Brazilian airline Gol, has been found guilty of homicide in connection with the 2001 murder of an activist who led a group of squatters occupying land owned by the family, a court in Brasilia said on Friday. Oliveira built Grupo Aurea, now known as Comporte, into Brazil's biggest bus...

  • WASHINGTON/ BRUSSELS, May 12- U.S. and European officials will discuss airline security issues at a meeting in Brussels next week, including possibly expanding the number of airports that ban passengers from carrying electronic devices bigger than cellphones aboard flights, a European Commission spokeswoman said on Friday. Homeland Security spokesman...

  • Deal visited Savannah as dockworkers were unloading the COSCO Development, a massive vessel capable of carrying 13,000 cargo containers measuring 20- feet-long apiece. Like other East Coast ports, Savannah is racing to deepen its 39- mile shipping channel so similar big ships will fit at lower tides even when fully loaded. Mackie McIntosh, the Corps' chief of...

  • WASHINGTON/ BRUSSELS, May 12- U.S. and European officials will discuss airline security at a high-level meeting in Brussels next week, including possible expansion of the number of airports where passengers are banned from carrying electronic devices bigger than cellphones aboard flights, a European Union official said on Friday. The official said U.S....

  • A man uses his laptop on an airline flight.

    Such a move, which some airline officials expect will happen, would create logistical chaos on the world's busiest corridor of air travel.

  • BRUSSELS— The U.S. is expected to broaden its ban on in-flight laptops and tablets to include planes from the European Union, a move that would create logistical chaos on the world's busiest corridor of air travel. Alarmed at the proposal, which airline officials say is merely a matter of timing, European governments held urgent talks on Friday with the U.S....

  • An employee of General Electric works on a gas turbine at the GE plant in Belfort, France.

    Deutsche Bank lowers its rating on General Electric to sell from hold, predicting the industrial firm will be forced to reduce its dividend.