Brown extends aerospace tax credit to Northrop Grumman, as bidders vie for Pentagon contract
Gov. Jerry Brown has signed legislation that extends a $420 million state tax credit to aerospace giant Northrop Grumman Corp. after approving a similar deal for its competitor, Lockheed Martin Corp.
Airport official: E-cigs might have caused fire on plane, urges feds to consider restrictions
Federal authorities should consider further restrictions for electronic cigarettes on planes, airport officials said after one of the devices apparently started a small fire that forced passengers to briefly evacuate a plane last weekend.
Researchers are trying to identify the role of farms in algae linked to tainted drinking water
The findings of a toxin in the drinking water supply of 400,000 people in Ohio and southeastern Michigan a week ago is putting a big spotlight on how it got there.
Turkish Airlines suspends flights to Irbil following US airstrikes
Turkish Airlines says it has suspended flights to the Iraqi city of Irbil until further notice.
Mortgage companies Fannie Mae, Freddie Mac post profits in 2Q; pay dividends to US Treasury
Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover.
Poll: Americans want good highways, bridges but are divided on paying for them
A majority of Americans agree that the cost of good transportation is worthwhile, but they're divided over how to pay for it.
As cracks appear in Russian economy, collapse of tour operators leaves thousands stranded
Last week, tens of thousands of Russians sunning themselves on Italian beaches and Turkish resorts received an unpleasant surprise: their tour companies had gone bust, stranding them and forcing them to pay double for a ticket to get home.
With road projects threatened, transportation taxes are rising -- even in tax-averse states
For nearly a century, Missouri has taxed drivers to pay for its roads.
Oklahoma Department of Transportation completes $75 million sale of nearly 100 miles of track
The Oklahoma Department of Transportation on Monday completed the $75 million sale of nearly 100 miles of railroad track between Sapulpa and Stillwater to Stillwater Central Railroad LLC, which plans to introduce passenger rail service connecting the Tulsa suburb to the Oklahoma City suburb.
Business Highlights
___ US airfares on the rise, outpacing inflation NEW YORK (AP) — The average roundtrip ticket within the U.S., including taxes, reached $509.15 in the first six months of this year, up nearly $14 from the same period last year.
Plans to lay off 1,100 West Virginia coal mine workers continue industry's downward spiral
The announcement by a major U.S. coal company that it plans to lay off 1,100 coal mine workers has set off a chain reaction of finger pointing in West Virginia.
Utility proposes 725-mile power line network to bring shale gas energy to Eastern Seaboard
PPL Corp. said Thursday it wants to spend billions of dollars to build a 725-mile system of electric transmission lines that will bring energy from the booming Marcellus Shale natural gas fields to customers on the heavily populated Eastern Seaboard.
Union, environmental activists clash inside, outside Pittsburgh EPA coal regulation hearings
Union miners and others opposed to stricter pollution rules for coal-burning power plants proposed by the Environmental Protection Agency clashed inside and outside the city's federal building on the first of two days of public hearings on the new regulations.
Summer break ahead, Congress races to finish VA, highway bills _ but fails on immigration
Congress ran full-tilt into election-year gridlock over immigration Thursday and headed toward a five-week summer break with no agreement in sight on legislation to cope with the influx of young immigrants flocking illegally to the United States.
States with the biggest changes in jobless aid applications, and some reasons, at a glance
Applications for U.S. unemployment benefits rose last week, but they remain close to pre-recession averages.
Alpha says it plans 1,100 layoffs at coal mines in W.Va., cites weak markets, regulation
Alpha Natural Resources said Thursday it expects to lay off 1,100 workers at 11 southern West Virginia surface coal mines by mid-October, citing dismal markets and federal regulation.
Vacation in sight, Congress eases veterans cleanup toward passage but keeps up other fights
Eager to begin a monthlong break, Congress leavened its customary heavy partisanship on Wednesday with a pinch of compromise, advancing legislation to repair the deeply troubled Department of Veterans Affairs and working to clear funds for highway construction at home and missile defense in Israel.
Republicans block Senate bill that would curb tax breaks for firms moving operations overseas
Republican senators have blocked an election-year bill limiting tax breaks for U.S. companies that move operations overseas.
Protesters rally in Boston against natural gas pipeline through northwestern Massachusetts
Opponents of expanding a natural gas pipeline through northwestern Massachusetts rallied on Boston Common on Wednesday, asking Gov. Deval Patrick to rescind his support for a new tax on New Englanders' electricity bills to help subsidize it.
Investigators: Terror threat at chemical plants underestimated by government
Congressional investigators say the government is underestimating the threat of a chemical attack on America's densely populated cities and has failed to inspect virtually all of the chemical facilities that it considers particularly vulnerable to terrorists.