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CNBC Franchise Archive Transportation: Leisure

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  • 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.

  • France makes job-saving offer to end Calais port crisis Thursday, 23 Jul 2015 | 7:51 AM ET

    PARIS, July 23- The French government unveiled proposals on Thursday to save local ferry jobs and end a stand-off in the port of Calais in northern France that has repeatedly disrupted traffic in the Channel Tunnel. The Transport Ministry proposals include a commitment by Eurotunnel to establish a ferry charter contract that will save 150 jobs.

  • Uber wins NYC battle Thursday, 23 Jul 2015 | 7:00 AM ET
    Uber wins NYC battle

    Uber fights back against a cap on new drivers in New York City -- and wins.

  • SHANGHAI, July 23- China stocks rose sharply on Thursday, with the Shanghai Composite index up for the sixth consecutive session, led by blue chips, after the government reaffirmed its support for the market. Further fueling investor optimism, Citi said China was not in a bubble, and excessive bearishness towards emerging markets and China would be proven wrong.

  • Uber growth unhampered in surprise deal with NYC Thursday, 23 Jul 2015 | 1:27 AM ET

    Just before a City Council vote that could have capped the number of cars Uber can have on city streets, Mayor Bill de Blasio's administration announced late Wednesday that Uber agreed to a four-month study on the impact of the cars on the city's traffic and the environment. City Council Speaker Melissa Mark-Viverito announced that the study will be passed...

  • China stocks rise again, led by big caps; HK also up Thursday, 23 Jul 2015 | 12:23 AM ET

    SHANGHAI, July 23- China stocks extended their rebound on Thursday morning, with the Shanghai Composite index set to rise for the sixth consecutive session, led by gains in blue chips. The Hong Kong market, which has been moving mostly in tandem with its mainland counterpart, also gained by midday. "The key takeaway remains the normalization of the overall market,"...

  • Senate moves forward on 6-year highway, transit bill Wednesday, 22 Jul 2015 | 8:06 PM ET

    WASHINGTON— The Senate agreed Wednesday to take up a sweeping transportation bill a little over a week before states will face a cutoff of highway and transit aid in the middle of the summer construction season. The vote puts the Senate on a path toward likely passage of the measure by the middle of next week. GOP leaders there expressed reluctance to take up a...

  • NYC dropping plan for Uber vehicle cap, for now Wednesday, 22 Jul 2015 | 4:02 PM ET
    Uber riders and driver-partners take part in a rally on the steps of New York City Hall against proposed legislation limiting for-hire vehicles in New York June 30, 2015.

    Under the deal, NYC will conduct a four-month study on the effect of Uber and other for-hire vehicle operators on the city’s traffic and environment.

  • Man arrested in laser pointer incidents near DFW airport Wednesday, 22 Jul 2015 | 1:27 PM ET

    No crewmembers or passengers were hurt but controllers changed the flight paths of the aircraft, which continued on to DFW airport, Dallas Love Field or Alliance Airport in Fort Worth, according to the Federal Aviation Administration. Austin Lawrence Siferd, 23, of Alvarado, was arrested on a misdemeanor charge of illumination of an aircraft by intense light.