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Archive Transportation: Leisure

  • CHATTANOOGA, Tenn. _ Covenant Transportation Group Inc. on Thursday reported first-quarter net income of $470,000. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. Covenant Transportation shares have fallen 12 percent since the beginning of the year.

  • KENOSHA, Wis.— In a story April 18 about a U.S.- Canada dispute over milk, The Associated Press reported erroneously that Canada had begun imposing import taxes on U.S. ultra-filtered milk. Canada changed its policy on pricing its domestic milk to cover more dairy ingredients, leading to lower prices for Canadian products including ultra-filtered milk that...

  • FRANKFURT, April 20- A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich- based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the planned five-seater jet, which will be capable of vertical take-off and...

  • FRANKFURT, April 20- A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich- based Lilium, backed by investors who include Skype co-founder Niklas Zennstrom, said the planned five-seater jet, which will be capable of vertical take-off and...

  • The latest on developments in financial markets:. Stocks are closing solidly higher as investors found plenty to like in the latest earnings reports from financial and industrial companies. American Express jumped 5.9 percent after a strong earnings report.

  • NEW YORK— U.S. stocks are climbing Thursday as transportation companies jump following solid earnings from railroad operator CSX, while paint and coatings maker Sherwin-Williams sends companies that make and sell basic materials higher. The Russell 2000 index of smaller-company stocks added 14 points, or 1 percent, to 1,381.. TRAIN KEPT A ROLLING: Railroad...

  • WASHINGTON/ NEW YORK April 19- United Airlines said on Wednesday it planned to testify at an upcoming U.S. House Transportation Committee hearing on commercial airline consumer issues after a passenger was dragged off an April 9 flight in Chicago to make room for crew members. Justin Harclerode, a spokesman for the House of Representatives panel, did not say who...

  • WASHINGTON/ NEW YORK April 19- United Airlines said on Wednesday it plans to testify at an upcoming U.S. House Transportation Committee hearing on commercial airline industry consumer issues after a passenger was dragged off an April 9 flight in Chicago to make room for crew members. A spokesman for the House of Representatives panel did not say who the...

  • WASHINGTON, April 19- The U.S. House Transportation Committee said Wednesday it plans to hold an upcoming hearing on commercial airline industry consumer issues after a passenger was dragged off an April 9 United Airlines overbooked flight in Chicago to make room for crew members. The House panel did not say who it plans to call as witnesses or what prompted the...

  • LONDON— Thousands of London commuters are stranded after a trackside fire closed Euston Station, one of Britain's busiest rail and subway hubs. The fire knocked out railway signals and triggered a power cut that shut the station Wednesday afternoon, canceling trains between London and the Midlands and northwest of Britain. According to the Office of Rail and...

  • If you're looking for a bargain on an all-wheel-drive car, the 2017 Mitsubishi Lancer might be the one for you. For $21,130— the starting manufacturer's suggested retail price for a base Lancer ES, including the destination charge— buyers get a five-seat sedan that comes with a continuously variable transmission that operates like an automatic one.

  • April 18- Baidu Inc said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020.. Two months after the appointment, Baidu's chief scientist Andrew Ng, who led AI and augmented reality projects, said he would step...

  • Delta Air Lines had the best on-time rating, followed by American Airlines. Virgin America, which is now owned by the parent of Alaska Airlines, finished last. Southwest Airlines had the lowest complaint rate, while Virgin America and Spirit Airlines had the worst rates.

  • HOUSTON, April 18- Centurion Midstream Group LLC said it acquired a petroleum marketing and transportation business that operates in West Texas from Agave Energy Holdings, a subsidiary of Lucid Energy Group. Price of the purchase was not disclosed. Ken Douglas, Centurion's chief financial officer, said the deal will expand the Dallas- based company's Permian...

  • ABUJA, Nigeria— Nigeria's government says the international airport in its capital is reopening after six weeks of repairs to the runway, which experts had said was in shocking disrepair. The closure of one of West Africa's busiest airports had been another blow to Nigeria's already suffering economy. But after a South African Airways plane was damaged on...

  • MANILA, April 18- The Philippines re-branded its economic agenda on Tuesday and promised "audacious policymaking" by President Rodrigo Duterte under an ambitious programme named "Dutertenomics", showcased at a high-profile event he did not attend. Duterte's ministers said the Philippines had lagged its Southeast Asian peers largely due of its dilapidated...

  • MANILA, April 18- The Philippines re-branded its economic agenda on Tuesday and promised "audacious policymaking" by President Rodrigo Duterte under an ambitious programme named "Dutertenomics", showcased at a high-profile event he did not attend. Duterte's ministers said the Philippines had lagged its Southeast Asian peers largely due of its dilapidated...

  • MANILA, April 18- The Philippines re-branded its economic agenda on Tuesday and promised "audacious policymaking" by President Rodrigo Duterte under an ambitious program named "Dutertenomics," showcased at a high-profile event he did not attend. Duterte's ministers said the Philippines had lagged its Southeast Asian peers largely due of its dilapidated...

  • MANILA, April 18- The Philippines re-branded its economic agenda on Tuesday and promised "audacious policymaking" by President Rodrigo Duterte under an ambitious program named "Dutertenomics," showcased at a high-profile event he did not attend. Duterte's ministers said the Philippines had lagged its Southeast Asian peers largely due of its dilapidated...

  • Chinese Foreign Minister Wang Yi said Tuesday that Vladimir Putin of Russia, Recep Tayyip Erdogan of Turkey and Spain's Mariano Rajoy are among those slated to appear next month in Beijing for a summit to discuss Xi's "One Belt, One Road" program to stitch together the Eurasian continent with infrastructure investment. The May 14-15 summit is seen as a measure of...