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  • Data downloaded from the Tesla Model S shows the vehicle was traveling at 74 mph in a 65- mph zone on a divided highway in Williston, Florida, near Gainesville, the National Transportation Safety Board said in a preliminary report. The driver, Joshua Brown, 40, a tech company owner from Canton, Ohio, was using the sedan's cruise control and lane-keeping features at...

  • July 26- WestJet Airlines Ltd's quarterly profit slumped 40.5 percent and the carrier said Tuesday that costs would rise this year due to the timing of maintenance expenses on its widebody aircraft and extra charges incurred on a new London route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "...

  • 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...

  • Shoppers browse produce at the Whole Foods Market

    Shares of Whole Foods fell Tuesday after analysts at Goldman Sachs downgraded the stock from neutral to sell.

  • LONDON— Two Canadian airline pilots charged with being drunk as they prepared to fly a passenger jet on a trans-Atlantic route have been bailed on condition they surrender their passports. Jean-Francois Perreault, who is 39, and 37- year-old Imran Zafar Syed were arrested at Glasgow Airport on July 18, shortly before they were due to fly an Air Transat jet to...

  • However, the airline warned of a rise in costs this year due to "irregular operations" on the London route and the timing of maintenance expenses for aircraft on the route. Macquarie Capital Markets analyst Konark Gupta said the cost increase was not "overly concerning" as it related to "teething issues" on WestJet's new London flights. Firming demand and revenue...

  • July 26- JetBlue Airways Corp's quarterly profit beat Wall Street estimates as the U.S. budget airline continued to benefit from lower fuel costs, and the company said it expects capacity to increase in the current quarter. "provides ability to start flights to Europe from other East Coast- focus cities, should we choose to do so," Chief Executive Robin Hayes said on...

  • NEW YORK— Shares of JetBlue Airways Corp. rose Tuesday after the airline reported second-quarter earnings above Wall Street expectations. JetBlue also said it was ordering more planes to expand its Mint premium service and could add flights to Europe by the end of the decade. If JetBlue goes ahead with flights to Europe, it would compete against major U.S. and...

  • RIO DE JANEIRO, July 26- Brazilian interim President Michel Temer vetoed a provision of a bill allowing foreign investors to own up to 100 percent of Brazilian-flag airlines, according to a note published in Brazil's official government newspaper on Tuesday. The veto only affects one part of a package of aviation industry regulations aimed at boosting the...

  • July 26- JetBlue Airways Corp reported an 18.4 percent rise in quarterly profit as the U.S. budget airline continued to benefit from lower fuel costs. The New York- based carrier's net income rose to $180 million, or 53 cents per share, in the second quarter ended June 30, from $152 million, or 44 cents per share, a year earlier. However, unit revenue, a closely watched...

  • July 26- Canada's WestJet Airlines Ltd reported higher-than-expected quarterly revenue and profit as its passenger traffic rose and fuel costs fell. The Calgary- based carrier has shifted its focus to eastern Canada and suspended nearly a dozen daily flights from Alberta, which has been hit by a slump in oil prices. WestJet's net earnings slumped 40.5 percent...

  • July 26- Canada's WestJet Airlines Ltd reported a 40.5 percent fall in quarterly profit as higher costs squeezed margins. The company's net earnings fell to C $36.7 million, or 30 Canadian cents per share, in the second quarter ended June 30 from C $61.6 million, or 49 Canadian cents per share, a year earlier. The Calgary- based airline's revenue rose to C $949.3...

  • What’s next for Solar Impulse?

    Solar Impulse’s CEO, co-founder & pilot, André Borschberg talks about the future of the solar-powered aircraft and how renewable technology can be used in products worldwide.

  • Solar Impulse completes world tour

    Solar Impulse chairman, co-founder & pilot, Bertrand Piccard says their solar-powered flight around the world shows the power of what clean technology can really do.

  • A preserved part of the Malaysia's Keretapi Tanah Melayu Berhad (KTMB) rail track in Upper Bukit Timah Road, Singapore. KTMB used to operate a route from Malaysia to Singapore but ceased service in 2011.

    A planned high-speed rail connecting Singapore and Kuala Lumpur is a feather in the cap for ASEAN but profitability could be a major issue.

  • 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...

  • HOUSTON, July 25- A Chinese container ship hit a wall of the new lane of the Panama Canal, a Canal Authority official and a local ship agent said on Monday, the third such incident since the expanded waterway opened one month ago amid design concerns. The Panama Canal Authority said its operations team was investigating the latest incident. The Panama Canal...

  • SANTIAGO, Chile— Latin America's largest airline has agreed to some $22 million in civil and criminal fines in connection with a scheme to pay bribes to end a labor strike in Argentina a decade ago, U.S. authorities said Monday. Chile- based carrier LATAM will pay $12.75 million to the U.S. Justice Department and $9.4 million including interest to the U.S....

  • An 737 Boeing plane of the Ryanair company takes off at the Lille-Lesquin airport, northern France.

    Ryanair saw shares pop 2 percent after the company announced increases revenues, customers and earnings, despite Brexit worries.

  • A woman takes pictures of the New York Stock Exchange, which has a Tableau Software banner on its facade, May 17, 2013.

    Shares of software company Tableau dipped Monday after analysts at Deutsche Bank downgraded the stock to "hold" from "buy".

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