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Internet ETFs Suffering The Correction's Sting
YAHOO
Investor's Business Daily - Don't confuse exchange traded funds with mutual funds. ETFs are passive instruments; they sit there fully paid into whatever sector they have defined: silver, China or transportation stocks, for instance.
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Services, factory data below expectations
YAHOO
Reuters - Business activity in the U.S. services
sector in July and new orders at U.S. factories in June were
surprisingly weak, two reports showed on Thursday, signaling
that economic growth was decelerating.
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Emerson earnings rise 35 percent
YAHOO
Reuters - Diversified manufacturer Emerson
Electric Co. on Tuesday reported higher quarterly
earnings on strong industrial demand and improved profit
margins at four of its five divisions.
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Mini Jets To be Certified For Flight By The FAA
AHN
The Federal Aviation Administration (FAA) is expected to issue a provisional certificate for the flights of Eclipse Aviation's E500. It will be the first light, cheap and fast jet of its kind. Acting Transportation Secretary Maria Cino appeared at the annual AirVenture air show in Oshkosh,...
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DOT investigating BP valve allegations: paper
YAHOO
Reuters - The Department of Transportation said
it is investigating allegations by some workers that two safety
valves at BP PLC's oil field in Prudhoe Bay, Alaska,
were not working at the time of a large oil leak in March, the
Wall Street Journal reported on Friday.
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World Bank Offers $1.8 bn For Pakistan Trade Corridor
AHN
The World Bank has agreed to provide $1.8 billion to Pakistan for a $6 billion program to meet domestic transportation needs and provide transit facilities to Central Asia, western China, Afghanistan and Iran.
Sources: AHN
G8 seeks oil savings, but no cut in US gasoline use
YAHOO
Reuters - The Group of Eight (G8)
rich nations said on Sunday they would take steps to reduce
demand for transportation fuels, but the Bush administration
came out a big winner as there was no call for big increases in
the fuel efficiency of U.S. cars and trucks.
Sources: YAHOO
WB To Offer $1.8 Billion To Pakistan For NTC Plan
AHN
The World Bank (WB) has agreed to provide US$1.8 billion to Pakistan for its $6 billion National Trade Corridor (NTC) improvement program to meet domestic transportation requirements and provide transit facilities to Central Asia, Western China, Afghanistan and Iran. A World Bank team that had a...
Sources: AHN
US, UK investigate airlines price fixing
YAHOO
Reuters - U.S. and UK authorities have launched an
investigation into alleged cartel activity over passenger
ticket pricing by British Airways and other airlines, BA said
on Thursday.
Sources: YAHOO
UK and US launch probe into airlines pricing
YAHOO
Reuters - Britain's Office of Fair Trading (OFT)
and the U.S. Department of Justice are investigating alleged
cartel activity involving British Airways Plc (BA) and
other airlines, BA said on Thursday.
Sources: YAHOO
Jobless claims fall by most in 8 mos.
YAHOO
AP - The number of laid off workers filing claims for unemployment plunged last week by the largest amount in eight months, but it might have been a statistical fluke.
Sources: YAHOO
Manufacturers make slow, small moves on deal front
YAHOO
Reuters - These are good times for diversified
U.S. manufacturers. So why aren't they doing more big mergers
and acquisitions?
Sources: YAHOO
March factory orders up 4.2 percent
YAHOO
Reuters - New orders at U.S. factories rose a
stronger-than-expect
Sources: YAHOO
Public Transportation Ridership Up
AHN
One side effect of the cost of crude oil and high gas prices are more people taking advantage of the public transport system.
AAA reports the average price of a gallon of regular gasoline was $2.91 Monday.
USA Today reports Salt Lake...
Sources: AHN
Government Will Spend $200 Million To Upgrade Dulles Airport
AHN
Yvonne Lee - All Headline News Staff Reporter
Washington, D.C. (AHN) - Transportation Secretary Norman Mineta announces that the federal government will spend $200 million to help build a fourth runway at Washington Dulles airport.
Mineta notes that the new runway and additional...
Sources: AHN
US transport chief ponders Delta-Northwest merger
YAHOO
Reuters - SHANGHAI (Reuters) -U.S. Transportation Secretary Norman
Mineta suggested on Tuesday that a merger between U.S. airlines
Northwest Airlines and Delta Air Lines
could result from the latest round of industry restructuring.
Sources: YAHOO
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