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  • Transportation Secretary Anthony Foxx said on Wednesday he is tentatively approving daytime flights to Japan's Haneda Airport from the United States for American Airlines Group Inc, Delta Air Lines, Hawaiian Airlines Inc, and United Airlines Inc.. The proposed U.S. cities are Los Angeles, Honolulu, San Francisco, and Minneapolis and are scheduled to start as...

  • July 20- United Continental Holdings Inc is reviewing its management structure and how it routes flights through various hubs in an effort to operate more efficiently and cut costs, Chief Executive Officer Oscar Munoz said in an employee letter that Reuters saw on Wednesday. Separately, United said in a filing on Wednesday that it expected to cut flight...

  • WASHINGTON— NASA is celebrating a 29- cent Pluto-themed postage stamp stuck to the side of the New Horizons spacecraft that has traveled nearly 3.5 billion miles from Earth. NASA says the 1991 stamp that carried the message "Pluto Not Yet Explored" helped inspire the New Horizons team. The team stuck it to the spacecraft shortly before it launched in January 2006,...

  • July 20- United Continental Holdings Inc is reviewing its management structure and how it routes flights through different hubs in an effort to overhaul its business, Chief Executive Oscar Munoz said in an employee letter seen by Reuters on Wednesday. The review is part of an ongoing attempt by United and its reshuffled board to cancel fewer flights, win...

  • *Spanish cities cheap compared with London or Paris. MADRID, July 20- Residential construction is coming back to life in Spain eight years after a property crash, with foreign investment pouring into developments in Madrid and Barcelona, and a jump in building permits pointing to more growth to come. Construction and real estate accounted for more than a third of...

  • July 19- United Continental Holdings Inc will buy back $2 billion of stock and sell fewer seats than planned, as rivals add flights in excess of demand, pushing down fares, the airline said Tuesday. Fresh off a battle with two activist hedge funds, United's board approved a stock buyback of $2 billion, or almost 13 percent of the company's market value.

  • The federal government has already spent $100 million to address abandoned mines on Navajo lands and a separate settlement reached with DOJ last year was worth more than $13 million. "Addressing the legacy of uranium mining on Navajo lands reflects the commitment of the Justice Department and the Obama administration to fairly and honorably resolve the...

  • NEWARK, N.J.— New Jersey Gov. Chris Christie said he was "sad" his friend and confidant admitted shaking down United Airlines to reinstate a flight to make it easier for him to reach his vacation home in South Carolina. Samson is the former chairman of the Port Authority of New York and New Jersey and was a mentor to Christie.

  • WASHINGTON, July 19- U.S. housing starts rose more than expected in June as construction activity increased broadly, but downward revisions to the prior months' data pointed to a sector treading water in the second quarter. Groundbreaking surged 4.8 percent to a seasonally adjusted annual pace of 1.19 million units, the Commerce Department said on Tuesday.

  • WASHINGTON, July 19- U.S. housing starts rose more than expected in June as construction activity increased broadly, but a downward revision to the prior month's data pointed to a housing sector treading water in the second quarter. Groundbreaking surged 4.8 percent to a seasonally adjusted annual pace of 1.19 million units, the Commerce Department said on...

  • WASHINGTON— Construction of new homes posted a solid increase in June, led by a surge of building in the Northeast and the West. The Commerce Department said Tuesday that housing starts rose 4.8 percent to a seasonally adjusted annual rate of 1.19 million from a revised 1.14 million in May. The average 30- year fixed-rate mortgage ticked up 3.42 percent last week,...

  • BETHESDA, Md. _ Lockheed Martin Corp. on Tuesday reported second-quarter earnings of $1.02 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share. Three analysts surveyed by Zacks expected $12.53 billion.

  • Pro: 2016 is the year of living dangerously

    Keith Bliss, Cuttone and Co.; Heather Hughes, SunAmerica Funds and CNBC contributor Jack Bouroudjian discuss the current state of the market and what we can expect in the near future.

  • LONDON, July 18- The cost of shipping oil through the Black Sea and Mediterranean fell on Monday after a failed coup in Turkey over the weekend and shipping sources said there were no disruptions through Istanbul's vital Bosphorus Strait. The Bosphorus, which bisects Istanbul, is a chokepoint for oil that handles over three percent of global supply- mainly from...

  • U.S. homebuilders are feeling slightly less optimistic about their sales prospects this month, though their outlook for the new-home market remains positive overall. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell one point to 59.. The average 30- year fixed-rate mortgage ticked up 3.42 percent last...

  • COPENHAGEN, July 18- A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an industry battling over capacity, low demand and falling rates, consultancy firm Drewry said. Moller-Maersk, said in February it would scrap more vessels and therefore begin to use four shipyards along India's Alang beaches to...

  • LONDON, July 18- Turkey's Pegasus Airlines will take delivery of its first A320neo jetliner as planned this week, Airbus said, reversing earlier indications that the delivery would be postponed following Friday's thwarted coup attempt in the country. The aircraft will be handed over in Hamburg on Tuesday, but without a previously planned media ceremony.

  • July 16- Turkish Airlines resumed flights from Istanbul's international airport on Saturday following a failed coup attempt while some foreign carriers canceled weekend flights. A spokesman for Turkish Airlines said flights had now returned to their normal schedule from Europe's third largest hub, though delays were to be expected.

  • July 16- Turkish Airlines resumed flights from Istanbul's international airport on Saturday following a failed coup attempt while some foreign carriers cancelled weekend flights. A spokesman for Turkish Airlines said flights had now returned to their normal schedule from Europe's third largest hub, though delays were to be expected.

  • *Azeri oil flows by pipeline to Turkey flow normally. *Turkey also important transit route for Black Sea grain. The Bosphorus is one of world's most important chokepoints for the maritime transit of oil with over three percent of global supply- mainly from Russia and the Caspian Sea- passing through the 17- mile waterway that connects the Black Sea to the...