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  • WASHINGTON, June 24- U.S. commuter and freight railroads may be forced to suspend service or face daily fines beginning Jan. 1, unless Congress extends its year-end deadline for implementing new safety technology, lawmakers were told on Wednesday. The National Transportation Safety Board estimated that more than 245 people have died and 4,260 have been...

  • WARSAW, June 24- Polish prosecutors are looking into whether the outage which grounded dozens of jets operated by Polish airline Lot at Warsaw's main airport on Sunday may have been caused by a computer system error, a spokesman for the Warsaw prosecutor's office said on Wednesday. The prosecutor's spokesman said computer error was one of the versions being...

  • U.S. West Coast refiners snap up Russian crude cargoes Wednesday, 24 Jun 2015 | 2:57 AM ET

    SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices as they look to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from...

  • SEATTLE, June 23- Boeing Co said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build its defense business amid tight military budgets. Muilenburg, 51, will succeed 65- year-old Jim McNerney, who...

  • Boeing replaces CEO McNerney with Muilenburg Tuesday, 23 Jun 2015 | 5:38 PM ET
    W. James McNerney and Dennis Muilenburg of Boeing

    Boeing announced Tuesday it would replace CEO Jim McNerney with current president and COO Dennis Muilenburg.

  • The agency's head used a Senate hearing on Tuesday to again make the case for more funding, arguing the NHTSA has been overwhelmed by a record-setting run of large-scale safety recalls, including replacing about 34 million potentially defective airbag inflators made by Takata Corp.. Lawmakers of both parties, however, said the agency needs to reform itself...

  • Analysts are discounting this high-flier: Trader Tuesday, 23 Jun 2015 | 3:15 PM ET
    Delta Airlines planes sit at Terminal 4 at John F. Kennedy Airport in New York.

    Susquehanna's Stacey Gilbert explains why Delta is trading at a discount relative to its peer group.

  • Lawsuit that could impact Boeing Tuesday, 23 Jun 2015 | 1:00 PM ET
    Lawsuit that could impact Boeing

    CNBC's Phil LeBeau reports the lawsuit against Boeing that questions the air quality of the air craft.

  • WASHINGTON, June 23- A gauge of U.S. business investment spending plans rebounded in May, offering a tentative sign of stabilization in the manufacturing sector after activity weakened sharply early this year. The Commerce Department said on Tuesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans,...

  • June 23- JetBlue Airways Corp on Tuesday said it will add its premium "Mint" class to transcontinental flights from Boston, the first new city for a service that JetBlue credits with helping it steal share from competitors. JetBlue will offer Mint service, the airline's answer to first and business class, on flights from Boston to San Francisco starting March 2016...

  • OTTAWA/ MONTREAL, June 22- The Canadian government on Monday charged the Montreal Maine& Atlantic Canada Railway Ltd, its affiliate and eight people with violating federal railway safety and environmental laws in connection with a 2013 oil train crash that killed 47 people and flattened the heart of the Quebec village of Lac-Megantic. Canada's transport...

  • Uber to drivers and riders: Leave the guns at home Monday, 22 Jun 2015 | 2:06 PM ET
    Uber app on a mobile phone as cars drive by in Washington, D.C.

    Uber has banned riders and drivers from carrying guns, the company announced Friday, NBC News reports.

  • One company copes with drought, floods AND bird flu Monday, 22 Jun 2015 | 1:04 PM ET
    Corn and soy crops

    Despite contending with drought, bird flu and flooding in the last year, agribusiness giant Cargill is seen weathering the storm.

  • Will this Uber driver as employee ruling stick? Monday, 22 Jun 2015 | 11:39 AM ET

    What business is Uber really in? Lawyer Dan Eaton gets to the heart of the Uber-driver-as-employee ruling.

  • HONG KONG, June 22- China Aircraft Leasing Group Holdings, the CEO of which quit while on leave last week, issued a statement on Monday announcing that it has delivered an Airbus A320-200 aircraft to Sichuan Airlines. Shares in Asia's only listed aircraft leasing company had plunged by nearly a fifth to a record low on Friday after CEO Poon Ho Man's departure but...

  • *Flight attendants' union threatens strike from July 1. FRANKFURT, June 22- German airline Lufthansa faces a June 30 deadline to make concessions to cabin crew over pay and pensions or suffer further strikes that would compound the effects of a costly dispute with its pilots. The UFO flight attendants' union said on Monday its members would strike on July 1 if an...

  • But the country's top two airports Heathrow and Gatwick are at and near to maximum capacity and losing passengers to booming hubs like Dubai and Amsterdam's Schiphol that can offer more flights to new destinations like China. Now a government-appointed Airports Commission will emerge from three years of consideration to say in the next few weeks whether...

  • The report, due to be released next week, follows an uproar over faulty General Motors Co ignition switches tied to more than 110 deaths and defective Takata Corp air bag inflators linked to at least eight deaths. It also comes at a time when Transportation Secretary Anthony Foxx and NHTSA Administrator Mark Rosekind are pressing Congress to increase NHTSA's...

  • June 19- Delta Air Lines Inc and Southwest Airlines Co have scheduled overlapping flights from identical gates at Love Field in Dallas, creating potential havoc for customers as a gate-sharing agreement between the carriers is set to expire and a court battle looms over slots at the airport. Dallas had responded Wednesday by suing the federal agency for...

  • *Rules would cut fuel costs by $170 billion in 2018-2027. WASHINGTON, June 19- The Obama administration proposed new rules on Friday to slash greenhouse gas emissions from heavy, long-haul trucks, a move to attack climate change that prompted a wary response from industry groups worried about the costs. The complex proposal from the U.S. Environmental...

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