Top News & Analysis Dallas

  • May 24- The escalating U.S.- China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, according to strategists who say there are plenty of growth stocks with some insulation from China. Some investors are seeking safety in domestic U.S. growth stocks ranging from software and online...

  • The target, if achieved, means U.S. airlines would likely not have to greatly extend costly cancellations of 737 MAX jets they have already put in place for the peak summer flying season, but the FAA representatives warned that there was no firm timetable to get the planes back in the air. American Airlines Group Inc, Southwest Airlines Co and United Airlines...

  • FORT WORTH, Texas, May 23- The acting head of the Federal Aviation Administration said on Thursday that an eight-hour meeting with international air regulators to discuss the grounded Boeing Co 737 MAX was "exceedingly positive" and "constructive." Speaking to reporters after the meeting, Daniel Elwell reiterated that the FAA will not approve the plane for...

  • MONTREAL, May 23- U.S. Federal Aviation Administration representatives told members of the United Nations' aviation agency they expect approval of Boeing Co's 737 MAX jets to fly in the United States as early as late June, three people with knowledge of the matter said, although there is no firm timetable for the move. FAA and Boeing representatives briefed...

  • Senior FAA officials will give detailed descriptions of the findings to date from the two crashes in Ethiopia and Indonesia which occurred within five months of each other and killed a combined 346 people. Acting FAA Administrator Dan Elwell said on Thursday he thought travelers in the United States and around the world would respect any eventual decision...

  • FORT WORTH, Texas/ MONTREAL, May 22- The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co's 737 MAX for flight after two fatal crashes since October prompted the plane to be grounded worldwide. The FAA is meeting with more than 30 international air regulators including China, the...

  • CHICAGO, May 22- United Airlines Chief Executive Oscar Munoz promised on Wednesday to reaccommodate any passengers concerned about flying Boeing Co's 737 MAX jets once regulators deem the aircraft safe to fly again. Boeing's newest narrowbody model was grounded worldwide in March following a deadly Ethiopian Airlines crash just months after a similar...

  • *China was first country to ground 737 MAX after Ethiopia crash. *Global aviation regulators to meet in Dallas on Thursday. The triple compensation requests come at a sensitive time in Sino-U.S. relations, with a string of tit-for-tat import tariffs culminating in Washington accusing Beijing of backtracking on almost all aspects of a proposed trade deal.

  • *China was first country to ground 737 MAX after Ethiopia crash. The compensation requests come as the U.S. Federal Aviation Administration hosts global regulators in Dallas on Thursday to review 737 MAX software and training proposals from Boeing before deciding whether and when to end the two-month grounding. The International Air Transport Association...

  • San Diego- based startup TuSimple said its self-driving trucks will begin hauling mail between USPS facilities in Phoenix and Dallas to see how the nascent technology might improve delivery times and costs. "The work with TuSimple is our first initiative in autonomous long-haul transportation," USPS spokeswoman Kim Frum said. TuSimple and the USPS declined...

  • The airline's move was first reported by domestic media, including the state-run People's Daily newspaper. An airline spokesman confirmed its comments in the People's Daily report to Reuters. The aircraft have been mothballed according to aircraft maintenance standards, the People's Daily said.

  • CHICAGO, May 20- American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that it said on Monday threatened to disrupt U.S. summer travel. The lawsuit, filed in the Northern District of Texas federal court, accuses the mechanics unions of directing a slowdown aimed at...

  • The FAA is planning a meeting on May 23 in Fort Worth, Texas, with regulators from around the world to update them on reviews of Boeing's software fix and on pilot training. Aviation regulators from other countries will have to assess Boeing's proposed fixes and clear the aircraft to fly in other regions independently of the FAA. The FAA said on Thursday that...

  • Once the requests are addressed, Boeing will work with the FAA to schedule its certification test flight and submit final certification documentation, the company said. The FAA is planning a meeting on May 23 in Fort Worth, Texas, with air regulators from around the world to update them on reviews of Boeing's software fix and new pilot training.

  • The International Air Transport Association said it would convene a meeting in Montreal, Canada on May 23 and invite airlines that have the Boeing 737 MAX in their fleet or on order. Boeing's 737 MAX was grounded worldwide in March following a fatal Ethiopian Airlines crash that killed all 157 on board just five months after a similar crash on a Lion Air flight...

  • At a congressional hearing, the chairman of the U.S. House Transportation and Infrastructure Committee told the FAA it must "get it right" in deciding when to allow the Boeing 737 MAX to fly again. "The world is watching and the FAA and Boeing must get it right," Representative Peter DeFazio said. He said the FAA will only allow the plane to resume flights when it is "...

  • NEW YORK, May 14- U.S. and European stocks regained ground on Tuesday after President Donald Trump downplayed the U.S.- China trade war as "a little squabble" a day after a spike in tensions between the world's two largest economies rattled financial markets. Fears that the United States and China were spiraling into a fiercer, more protracted trade dispute that...

  • NEW YORK, May 8- The number of Americans who said President Donald Trump should be impeached rose 5 percentage points to 45 percent since mid-April, while more than half said multiple congressional probes of Trump interfered with important government business, according to a Reuters/Ipsos poll released on Thursday. The question is an urgent one for senior...

  • NEW YORK, May 8- The number of Americans who said President Donald Trump should be impeached rose 5 percentage points to 45 percent since mid-April, while more than half said multiple congressional probes of Trump interfered with important government business, according to a Reuters/Ipsos poll released on Thursday. The question is an urgent one for senior...

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