Transportation
3 dead after Amtrak train strikes dump truck and derails in Missouri
An Amtrak train is parked at the platform inside New York’s Penn Station. Brendan McDermid | Reuters Three people were killed when an Amtrak train struck a dump truck and derailed Monday afternoon in Mendon, Missouri, officials said. Train 4 was carrying 243 passengers and 12 crew members while traveling from Los Angeles to Chicago […]
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JetBlue ups offer for Spirit Airlines as shareholder vote on Frontier bid approaches
LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York. Leslie Josephs | CNBC JetBlue Airways again increased its offer for Spirit Airlines as a shareholder vote for the discounter’s deal to merge with Frontier Airlines is just days away. Frontier sweetened its offer on Friday and Spirit’s CEO told CNBC then […]
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American Airlines’ regional carrier offers pilots triple pay to pick up trips in July
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images American Airlines’ regional carrier Envoy Air is offering pilots triple pay to pick up trips for most of next month, the latest effort […]
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The housing market slowdown is showing up in shipping data from China
Spending cutbacks by the consumer already led to a decrease in Chinese manufacturing orders by U.S. importers of 20-30%, as recently reported by CNBC, and more recent data from U.S. shippers shows the housing market slowdown is now showing up in the Asian supply chain data too. “We are seeing the impact and slowdown across […]
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The Points Guy’s Brian Kelly breaks down how to prepare for summer travel season
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brian Kelly, founder and CEO of the Points Guy, joins CNBC’s ‘Squawk Box’ to discuss how you can prepare for the busy holiday travel weekend as flights around the country are cancelled or delayed. Source
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Frontier sweetens offer for Spirit Airlines merger as shareholder vote looms
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines sweetened its offer to combine with fellow budget carrier Spirit Airlines, that airline said late Friday, less than a week before Spirit shareholders are set […]
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Airlines, FAA spar over flight delays as crucial Fourth of July weekend approaches
Travelers wait to board a plane at Miami International Airport in Miami, Florida, on April 22, 2022. Daniel Slim | AFP | Getty Images Airlines and the Federal Aviation Administration are pointing the finger at each other over a rising rate of flight cancellations and delays, just as millions prepare for a July 4th travel […]
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United Airlines pilots to get raises of more than 14%, 8 weeks of maternity leave in new contract
Boeing 777ER United Airlines. Aircraft to Fiumicino Leonardo da Vinci Airport. Massimo Insabato | Mondadori Portfolio | Getty Images The union representing United Airlines pilots has approved a tentative deal that would give the aviators pay raises of more than 14%, making it the first major U.S. carrier to reach a deal since the start […]
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Airlines need to cut back flight capacity, says flight attendants union leader
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Sara Nelson, international president of the Association of Flight Attendants, joins CNBC’s ‘Squawk Box’ to break down what’s driving a wave of airline cancellations over the busy summer travel season. Source
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BMW opens $2.2 billion EV plant in China as it ramps up challenge to Tesla, domestic players
German automaker BMW is ramping up production of electric vehicles in China as it looks to catch up with leaders Tesla and domestic rivals like BYD. The new plant in Shenyang is BMW’s third in China and brings its annual production capacity in the country to 830,000 cars. Anadolu Agency | Getty Images BMW has […]
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