Democrats failed in their attempt to amend the legislation to retain the flight service as part of the FAA. The failed Democratic amendment to keep air traffic control within the FAA would have made FAA funding mandatory, protecting it from political squabbles over the budget. It would also have required reforms to ensure adequate controller staffing and the...» Read More
So a priest, a journalist, and a TSA officer walk into a security line. I know there's a groping joke in here somewhere. But seriously, folks, while I was going through airport security at Burbank Thursday afternoon—no backscatter scanners or enhanced pat downs yet—I went through the line next to a priest.
Automotive industry expert Paul Ingrassia told CNBC Thursday, one day after the successful GM IPO (initial public offering), that it’s time to go long on auto stocks and invest in the industry.
I was warned that Marchionne doesn't "do" interviews in the traditional sense. You have to ambush him, but he always knows you're coming. So me and my crew stood guard on the red carpet outside the brand new Motor Village of Los Angeles to await his arrival. We waited. And waited.
Unless stock markets move sharply this afternoon, GM shares are likely to be priced at $33 apiece later Wednesday—the top of their announced range—as part of the company’s IPO, according to people with knowledge of the matter.
General Motors will return to the public market this week in what is expected to be the largest IPO in US history, and Mike Jackson, CEO of AutoNation, told CNBC the automaker’s comeback will be a transformative moment for the industry.
New scanners allow TSA officers to basically see you naked, and there are concerns about radiation. Critics allege this is the worst kind of funny business.
Here are the opinions of four drivers all living in America's heartland and one Chevy dealer in Indiana. They gave their views on what was once considered the country's greatest brand.
Inside Treasury headquarters on Pennsylvania Avenue, getting rid of the moniker “Government Motors” is more important than wringing every last nickel out of the sale.
General Motors set the terms of its initial public offering Wednesday, boosting shares on offer as expected in what could be the largest US IPO ever.
As General Motors emerges from bankruptcy, does its reputation remain bankrupt? Five people interviewed by CNBC share their views.
To get an idea of which GM models are the most iconic, Karl Brauer, Senior Analyst & Editor-at-Large at Edmunds.com listed his top picks.
China boosted its ambitions to challenge Airbus and Boeing for a slice of a global market worth $1.7 trillion with a 100-plane order for its first commercial jetliner at a lavish ceremony on Tuesday.
Officials are defending new anti-terrorism security procedures at the nation's airports that some travelers complain are overly invasive and intimate.
Should IPO proceeds go back to the taxpayers? How should the IPO be structured? What does the future hold for the automaker? We cover it all in this special report.
It's beginning to look a lot like the nightmare before Christmas. Holiday travel will be more security-intensive this year. Not only are passengers complaining, so are pilots.
Just two years after a taxpayer bailout of General Motors, some average investors won't be able to get shares in GM's IPO, which is expected to be a lucrative investment opportunity.
Big players are going to profit off the little guy again on the most hotly watched IPO since Google and here's how.
Boeing halted test flights of its 787 Dreamliner on Wednesday, a day after an electrical fire aboard one of its test planes forced an emergency landing in Texas, but said it was too early to tell if the incident would push back the plane's delivery schedule.
The estimate by General Motors Co. of bringing in $11 billion to $13 billion mid-cycle before taxes in the upcoming IPO is on-target, a former company vice chairman, Robert Lutz, told CNBC Wednesday.
One of Cramer’s favorite technical analysts says this bull market still has legs.