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  • BRUSSELS, July 26- The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier's wish to fly to the United States from Ireland, two sources said. Norwegian's Irish subsidiary applied for permission to operate flights to the United States more than two years ago, but...

  • TRENTON, N.J.— A new Democratic plan to raise the state's gas tax by 23 cents a gallon while cutting other taxes is "dead on arrival," Gov. Christie, a Republican, shot down a proposal unveiled Friday by Senate President Steve Sweeney and Assembly Speaker Vincent Prieto. "I reviewed this weekend the Democrats' latest plan to fund the Transportation Trust Fund through a...

  • TORONTO, July 25- Canada will take older tank cars out of crude-by-rail service much earlier than originally planned, its transport minister said on Monday, in the government's latest move to toughen rail safety after a deadly 2013 crash. The decision, which moves Canada's retrofit schedule further ahead of the United States, was partly prompted by a sharp drop...

  • WASHINGTON, July 25- The U.S. Environmental Protection Agency on Monday paved the way for new curbs on emissions from passenger jets by ruling that greenhouse gases from airplanes endanger public health. The finding, which requires the EPA to regulate greenhouse gas emissions from aircraft under the federal Clean Air Act, removes a hurdle to implementing...

  • WASHINGTON, July 25- The United States and Mexico agreed to put into force a new air transportation agreement that is expected to boost travel and clear the way for any city to have direct airline service to the neighboring nation, the U.S. Transportation Department said on Monday. The agreement will allow "increased market access for passenger and cargo...

  • WASHINGTON, July 25- The U.S. The endangerment finding triggers the EPA to start a rule- making process for a greenhouse gas emission standard for aircraft. The EPA said the standard would be "at least as stringent" as one developed by the U.N. International Civil Aviation Organization.

  • TORONTO, July 25- Canada will take older tank cars out of crude-by-rail service much earlier than originally planned, the government said on Monday, in its latest move to toughen rail safety after a deadly 2013 crash. Both types of cars will now be taken out of service by Nov. 1, 2016, said Delphine Denis, a spokeswoman with the office of Transport Minister Marc...

  • WASHINGTON, July 25- The U.S. Environmental Protection Agency on Monday finalized its determination that greenhouse gases from airplanes endangers public health, a decision that requires the agency to regulate emissions from U.S. aircraft. The endangerment finding triggers the EPA to start a rule- making process for greenhouse gas emission standard for...

  • RAWLINS, Wyo.— Wyoming's plan for improving its highways originally included widening, straightening and rebuilding its more than 7,000 miles of federal roads and maintaining about 2,000 bridges. The Wyoming Transportation Department's goal now is to keep roadways from getting worse. The primary funding for Wyoming highway construction and maintenance...

  • WASHINGTON, July 22- The Environmental Protection Agency will as soon as Monday finalize a scientific finding that greenhouse gases from aviation endanger human health, obligating the United States to regulate emissions from commercial aircraft, sources told Reuters. The EPA did not immediately respond on Friday to confirm the timing.

  • Senate President Steve Sweeney and Assembly Speaker Vincent Prieto, both Democrats, announced a deal Friday that also would phase out the estate tax and make other tax cuts. New Jersey's Senate president says he's confident a new proposal that boosts the state gas tax by 23 cents a gallon to fund transportation projects can get a veto-proof majority in both...

  • NEW YORK, July 22- General Electric Co on Friday reported a sharp rise in adjusted net income in the second quarter, as its aviation, healthcare and power businesses countered weak demand for oil and gas and transportation equipment. The figure included a gain of 20 cents a share from the sale of GE's appliances business to Qingdao Haier Co Ltd, which closed in June.

  • NEW YORK, July 22- General Electric Co on Friday reported a sharp rise in adjusted net income in the second quarter, as its aviation, healthcare and power businesses countered weak demand for oil and gas and transportation equipment. GE's adjusted earnings per share of 51 cents a share topped the 46 cents a share analysts expected, according to Thomson Reuters...

  • NEWARK, N.J.— The state's Democratic legislative leaders announced Friday they have agreed on a new plan to fund transportation projects by boosting the state's gas tax and cutting other taxes, a proposal immediately criticized by Republican Gov. Senate President Steve Sweeney and Assembly Speaker Vincent Prieto announced the proposal a day after Christie...

  • TOKYO/ SINGAPORE, July 22- Asian stocks dipped on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan governor downplayed the need for "helicopter money" stimulus. European markets are also likely to open lower, with financial spreadbetter CMC Markets expecting Britain's...

  • TOKYO, July 22- Few doubt Japanese Prime Minister Shinzo Abe's decision to invest public funds in a $90 billion dollar high-tech "maglev" railway makes political sense. Proponents say lending government money to Central Japan Railway Company to speed up the launch of a service linking Tokyo and Osaka with a high-speed, magnetically levitated train will spark...

  • TOKYO/ SINGAPORE, July 22- Asian stocks dipped on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan governor downplayed the need for "helicopter money" stimulus. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent. China's CSI 300 index and the...

  • SYDNEY, July 22- U.S. corn edged lower on Friday and was poised for weekly losses of nearly 5 percent as weather forecasts indicated an easing of unfavourable weather conditions across key U.S. growing regions, reducing fears of widespread crop losses. *The most active corn futures on the Chicago Board Of Trade were set for a fifth straight weekly slide.

  • *Weak results from Intel and transport companies weigh on Wall St. TOKYO, July 22- Asian stocks dipped early on Friday after weak corporate results halted Wall Street's record run overnight, while the yen held to large gains made after the Bank of Japan's governor downplayed the need for "helicopter money" monetary policies. MSCI's broadest index of Asia-Pacific...

  • TOKYO, July 22- Few doubt Japanese Prime Minister Shinzo Abe's decision to invest public funds in a $90 billion dollar high-tech "maglev" railway makes political sense. Proponents say lending government money to Central Japan Railway Company to speed up the launch of a service linking Tokyo and Osaka with a high-speed, magnetically levitated train will spark...