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  • LOS ANGELES— The main route connecting Los Angeles and Phoenix, which was closed when a surge of floodwater damaged several bridges spanning small desert gullies, is set to partially reopen Friday— far sooner than officials first estimated. The California Department of Transportation had expected repairs on Interstate 10 to take weeks but announced Tuesday...

  • Hillary Clinton lags in engaging grass-roots donors Thursday, 16 Jul 2015 | 3:05 AM ET
    Democratic presidential candidate Hillary Clinton speaks at The New School on July 13, 2015 in New York City.

    Hillary Rodham Clinton’s presidential campaign has been slow to harness the fund-raising power of legions of grass-roots donors, the NYT reports.

  • July 15- A solar-powered plane halfway through an attempt to circle the globe will be grounded in Hawaii for at least nine months because of battery damage sustained during its record 118- hour flight to Oahu from Japan, the project team said on Wednesday. The batteries became overheated during the aircraft's initial climb after takeoff on June 29 from Nagoya,...

  • July 15- A solar-powered plane halfway through an attempt to circle the globe will be grounded in Hawaii for at least nine months because of battery damage sustained during its record 118- hour flight to Oahu from Japan, the project team said on Wednesday. The batteries became overheated during the aircraft's initial climb after takeoff on June 29 from Nagoya,...

  • DIARY-Top Economic Events to July 28 Tuesday, 14 Jul 2015 | 8:00 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen delivers semi-annual testimony on monetary policy before the House Financial Services Committee- 1400 GMT. KANSAS CITY, United States- Federal Reserve Bank of Kansas City President Esther George speaks on economic conditions and monetary policy before the Federal Reserve Bank of Kansas City 2015...

  • DIARY-Top Economic Events to July 27 Monday, 13 Jul 2015 | 8:00 PM ET

    LONDON- Bank of England's monetary policy member David Miles speaks at the Resolution Foundation on "Weathering the storm: The recent past, present and future of UK monetary policy"- 1700 GMT. WASHINGTON- Federal Reserve Chair Janet Yellen delivers semi-annual testimony on monetary policy before the House Financial Services Committee- 1400 GMT.

  • July 10- US Airways will become history on Oct. 17, as the carrier's flight reservations move over to American Airlines in one of the last steps in the creation of the world's largest airline. The last two flights on subsidiary US Airways are scheduled to leave at 9:55 p.m. local time on Oct. 16, from San Francisco to Philadelphia and from Phoenix to Denver.

  • US Airways schedules final flights for Oct. 16 Friday, 10 Jul 2015 | 2:02 PM ET

    July 10- US Airways has scheduled its final two flights ever for the night of Oct. 16, setting an end date for a major part of its integration with American Airlines. Parent American Airlines Group Inc, formed by the two airlines' 2013 merger, said on Friday that it will have a single website, reservations system and brand starting on Oct. 17. The last two flights on...

  • DIARY-Top Economic Events to July 23 Thursday, 9 Jul 2015 | 8:00 PM ET

    LONDON- Bank of England's Paul Fisher speaks at the Culture and Conduct summit. CLEVELAND, United States- Federal Reserve Chair Janet Yellen speaks before the City Club of Cleveland- 1600 GMT. VICTOR, United States- Federal Reserve Bank of Boston President Eric Rosengren speaks before the Annual Rocky Mountain Economic Summit hosted by the Global...

  • DIARY-Top Economic Events to July 22 Wednesday, 8 Jul 2015 | 8:00 PM ET

    WASHINGTON- Federal Reserve Board Governor Lael Brainard speaks on regulatory reform and implementation five years after the passage of the Dodd-Frank Act before the Bipartisan Policy Center Financial Regulatory Reform Initiative and Managed Funds Association- 1415 GMT. STILLWATER, United States- Federal Reserve Bank of Kansas City President Esther...

  • June 26- A federal appeals court on Friday ordered a union negotiating seniority rights of former US Airways and America West pilots to stop favoring the US Airways pilots, in a divisive decade-old dispute overhanging the 2013 merger that created American Airlines Group Inc.. By a 2-1 vote, the 9th U.S. Circuit Court of Appeals instructed the US Airline Pilots...

  • *Cynk market cap soared past $6 billion without explanation. NEW YORK, June 23- A dual U.S. and Canadian citizen has been criminally charged with running a stock manipulation fraud that generated $300 million of illegal profit, and included a pump-and-dump scheme that caused the market value of little-known Cynk Technology Corp to rocket past $6 billion.

  • June 22- The U.S. Food and Drug Administration on Monday approved Medicines Co's blood clot preventer Cangrelor, which has faced multiple setbacks since it first entered late-stage studies close to a decade back. Medicines Co has funneled about $200 million into developing Cangrelor over the past decade, which included two unsuccessful trials and a pivotal...

  • INSTANT VIEW-Fed likely to raise rates later in year Wednesday, 17 Jun 2015 | 2:08 PM ET

    June 17- The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, U.S. Federal Reserve officials indicated on Wednesday. COMMENTS: WAYNE KAUFMAN, CHIEF MARKET ANALYST AT PHOENIX FINANCIAL SERVICES IN NEW YORK:.

  • NEW YORK, June 4- The U.S. hotel industry is on a roll, enjoying its best performance since the booming 1990 s, but New York City has come off the boil, suggesting higher occupancy and room rates may have peaked in the No. 1 American tourism destination. Before the financial crisis New York had a supply deficit, keeping hotel rates and occupancies in Manhattan high, said...

  • *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street was little changed in afternoon trading on Wednesday, paring early gains, as a flurry of deals failed to make up for tepid economic data. "We are seeing some evidence that the weakness in the first-quarter has spilled over to this quarter, but I'm not concerned that U.S. consumer spending for the year...

  • *Macy's, Ralph Lauren down after results. *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street pared early gains in choppy trading as tepid economic data and a renewed selloff in the bond market more than offset a flurry of corporate deals on Wednesday.

  • TORONTO, April 23- Freeport-McMoRan Inc is mulling a public offering of its oil and gas business to help kick-start production growth for its energy business, along with joint ventures or asset sales, the diversified miner said on Thursday. Weighted by a $20.3 billion debt load, Freeport has been studying several options to secure capital but found joint...

  • TORONTO, April 23- Freeport-McMoRan Inc posted a first-quarter loss on Thursday, stung by big writedowns for its oil and gas properties and sinking prices for its oil output and the metals it mines and sells. The Phoenix- based company's debt increased during the quarter to $20.3 billion from $19 billion on Dec. 31. Freeport reported posted a net loss of $2.5...

  • April 15- The Medicines Co's intravenous blood clot preventer can be used in angioplasty procedures, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The recommendation follows a review published by FDA staff on Monday, which supported the approval of the drug. Cangrelor, which won European approval in March, was...