Industrials

UPS said Tuesday it will hire 90,000 to 95,000 employees — about the same as last year — to help handle shipping and deliveries over the holiday season.

South Carolina's ports are a major engine for the state's economy, generating about $53 billion annually with one in 11 jobs statewide directly or indirectly linked to the ports, according to a new report released Monday.

The state has hired an economic forecasting firm to figure out how implementing Gov. Gina Raimondo's proposal to toll large commercial trucks in a variety of ways could affect the economy.

More jobs and cheaper gasoline come with a big, honking downside: U.S. roads are more clogged than ever now that the recession is in the rearview mirror.

Airline fare wars are making a comeback.

China is exporting something new to the world economy: Fear.

Otis elevator, which rose with China's strengthening economy, now faces declining revenue as the world's second-largest economy slows.

A Wall Street analyst says it's time to buy stock of troubled flooring retailer Lumber Liquidators, citing the company's recent hiring of an executive to manage its legal problems.

Billionaire environmentalist Tom Steyer called on California legislators Wednesday to require oil companies to disclose how much they make in profits from refining oil in the state.

Republic Airways is warning the biggest U.S. airlines that the regional service it provides for them may be disrupted because of a pilot shortage and labor dispute.

Southwest Airlines Co. (LUV) on Thursday reported second-quarter profit of $608 million.

The economic development agency Gov. Scott Walker created to entice a quarter-million jobs to come to Wisconsin ended up with lots of unwanted baggage: allegations of botched underwriting, ineffectiveness and favoritism.

The wave of consolidation that swept the U.S. airline industry has markedly reduced competition at many of the nation's major airports, and passengers appear to be paying the price in higher fares and fees, an Associated Press analysis has found.

A document obtained by The Associated Press shows the Justice Department is investigating whether airlines are colluding to grow at a slower pace as part of an effort to keep airfares high.

Vying to keep pace with China's rising influence and economic clout, Japan plans to provide $110 billion to help develop roads, ports and other infrastructure in Asia in the next five years, Prime Minister Shinzo Abe said Thursday.

Southwest Airlines Co. is speeding up its planned growth, which worries analysts, and American Airlines says profit margins will probably fall next year.

The difference between the airline and rental car industries extends beyond the altitude at which travel occurs.

All times are Eastern.

After years of steadily-rising airfare, travelers this summer can expect a tiny bit of relief — a really tiny bit.

General Electric Co. (GE) on Friday reported a first-quarter loss of $13.57 billion, after reporting a profit in the same period a year earlier.