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Transportation: Leisure

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  • NEW YORK— A year after comparing New York's LaGuardia Airport to "some Third World Country," Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate. "I wish everything I said that was truthful but...

  • Swift Transportation meets 2Q profit forecasts Monday, 27 Jul 2015 | 4:07 PM ET

    PHOENIX _ Swift Transportation Co. on Monday reported second-quarter profit of $51 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Swift Transportation shares have declined 25 percent since the beginning of the year.

  • NEWARK, N.J.— Don't count Chris Christie out. Cory Booker, who said he believes New Jersey's Republican governor is the "most underestimated" presidential candidate in the crowded 2016 GOP field. "I think he's one of the more talented political people that are out there today," said Booker, speaking at a lunch event held by the news organization Politico in Newark.

  • July 27- Wabtec Corp said it plans to buy France- based Faiveley Transport S.A. for a deal valued at $1.8 billion, including debt. Wabtec, which makes components for the transportation industry, said it has made an offer to the owners of about 51 percent of Faiveley's shares for a purchase price of 100 euros per share. The company said on Monday it expects the deal to add...

  • Tracking China's appetite for IPOs Monday, 27 Jul 2015 | 12:45 AM ET
    Tracking China's appetite for IPOs

    While institutional investors may still be keen on large initial public offerings, retail investors in China prefer unique and smaller listings, says Jackson Wong, associate director at United Simsen Securities.

  • CONCORD, N.H.— When Tyler Richardson's son hit puberty, the combination of hormones and new strength from a growth spurt added an element of danger to a long history of unpredictable behavior because of autism and severe anger problems. He wandered outside one day after his aides left his grandmother's home, where he was living. After a long, nationwide search and...

  • Correction: Airport-Animal House Friday, 24 Jul 2015 | 5:08 PM ET

    NEW YORK— In a story July 20 about an animal terminal that is under construction at New York's Kennedy Airport, The Associated Press, based on information from a project spokesman, reported erroneously that the facility will include a veterinary clinic run by Cornell University. Instead, Cornell veterinarians serve as expert consultants and would be...

  • WHITE SULPHUR SPRINGS, W.Va.— As Congress considers a long-awaited transportation funding bill, some Republican governors as well as Democrats say they aren't waiting to raise or borrow money to fix or build roads, bridges and highways. GOP governors in Georgia, Iowa, South Dakota and Utah are among those who have approved road tax increases.

  • WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four U.S. airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Transportation Secretary Anthony Foxx said the investigation involved Delta Air Lines Inc,...

  • Fiat Chrysler recalls 1.4M vehicles to prevent hacking Friday, 24 Jul 2015 | 11:23 AM ET

    DETROIT— Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers revealed that they took control of a Jeep Cherokee SUV over the Internet. The National Highway Traffic Safety Administration said it would find out which other automakers use the same radios. "I think it's a pretty big deal," said James Carder, chief...

  • WASHINGTON, July 24- U.S. authorities are investigating possible price gouging by four American airlines while train service was disabled between New York and Washington after a deadly Amtrak crash in Philadelphia in May, the Transportation Department said on Friday. Amtrak traffic between Washington and New York City was shut down for six days as a result.

  • WASHINGTON, July 24- The U.S. Transportation Department on Friday began an investigation of possible price gouging by four American airlines in the aftermath of a deadly Amtrak crash in Philadelphia in May. Transportation Secretary Anthony Foxx said the investigation would focus on the practices of Delta, American, Southwest and Jet Blue in the Northeast...

  • PROBE FOCUSES ON DELTA, AMERICAN, SOUTHWEST, JET BLUE PRACTICES IN NORTHEAST CORRIDOR- TRANSPORTATION SECRETARY FOXX.

  • LAUNCHES PRICE- GOUGING INVESTIGATION OF FOUR U.S.

  • WASHINGTON— Transportation Secretary Anthony Foxx said Friday the government has opened a price-gouging investigation involving five airlines that allegedly raised airfares in the Northeast after a deadly Amtrak crash in Philadelphia in May disrupted rail service. The Transportation Department sent letters on Friday to Delta, American, United,...

  • MANILA, Philippines— Grammy award-winning singer Chris Brown is finally on his way out of the Philippines after a three-day delay due to a fraud complaint against him for a canceled concert last New Year's Eve. The 26- year-old R&B artist has been stuck in Manila for a third day after running afoul of a corporation, run by an influential religious group's members,...

  • NEWARK, N.J.— Power problems caused delays for Amtrak trains running between Washington, D.C. and Boston and for commuter lines into New York City on Friday, leaving thousands of riders livid and transit officials apologizing for the fourth such problem in a week. Amtrak was restricted to operating three trains at a time through the Hudson River Tunnel into New...

  • This is Uber's latest service: Ice cream delivery Friday, 24 Jul 2015 | 12:52 AM ET
    This is Uber's latest service: Ice cream delivery

    Yaniv Goder, GM, Singapore at Uber, explains why the on-demand private car app is delivering ice cream via Uber drivers, electric vehicles and even drones on Friday.

  • WASHINGTON— The Treasury Department blacklisted Thursday a Singapore- based shipping company for allegedly supporting a North Korean firm accused of illicit weapon shipments. The financial sanctions were announced against Senat Shipping Company and Senat's president, Leonard Lai, and on a vessel, "Dawnlight," in which the company has an interest.

  • P.A.M. Transportation posts 2Q profit Thursday, 23 Jul 2015 | 10:48 AM ET

    TONTITOWN, Ark. _ P.A.M. Transportation Services Inc. on Thursday reported second-quarter earnings of $7 million. On a per-share basis, the Tontitown, Arkansas- based company said it had profit of 94 cents. This story was generated by Automated Insights using data from Zacks Investment Research.