Transportation

A Canadian Pacific Railway attorney tried Tuesday to persuade the state Claims Board to hand the railroad more than half a million dollars for helping develop a high-speed rail plan before Gov. Scott Walker killed the project.

A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the "T," the nation's oldest subway system, despite concerns from local activists about China's human rights record as well as complaints from competitors that the company's winning bid was unrealistically low.

___ Across US job market, layoffs are becoming rare WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.

___ Microsoft makes design central to its future Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food — or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.

Furloughs that have cut staff by 10% across the country reduces the ability of busy hubs to handle arrivals and departures. 

The truck maker plans to cut a total of 900 positions in its defense division starting in June, citing a decline in production amid reduced DoD budgets.

Lockheed Martin's CFO said he was hopeful 2014 would mark a 'bottoming out' in U.S. military spending, with budget agreements providing a more stable outlook. United Swings to 4Q Profit | Futures Lower Ahead of Data, Earnings | 

A source tells FOX Business that despite Fisker's claims, A123 was fully capable of making batteries for the troubled automaker's plug-in vehicles.

The carmaker paid off its $451.8 million loan nine years earlier than required, using money raised last week in a stock and debt offering.

The FAA reportedly warns airlines to expect major delays starting this week due to sequester-related furloughs among air controllers. 

The U.S. Transportation Department plans to start requiring drone owners to register their devices with the government later this year.

The Senate on Thursday passed a three-month highway spending bill, a measure that allows Congress to avoid a cutoff of transportation funds set to occur on Saturday and give lawmakers time to develop the sort of multiyear package they haven't been able to pass in years.

The growing scandal over hiring practices at the Federal Aviation Administration now includes a law suit which seeks to force the FAA to produce racial and demographic data regarding recently hired air traffic control candidates.  

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.

The EPA unveiled its proposal for new fuel-economy standards that apply to big rigs and other heavy-duty trucks, marking another step in the Obama administration’s push for stricter climate regulations.

In an interview with FBN’s Neil Cavuto, Aviation Subcommittee Chairman Rep. Frank LoBiondo talked about the controversy surrounding the FAA’s hiring practices, which was first exposed in a FOX Business Network report.

The U.S. Environmental Protection Agency plans as soon as Friday to determine whether carbon dioxide from aircraft endangers public health, a first step to regulating emissions from the aviation sector, sources familiar with the rulemaking process said.

Despite the government's lawsuit, the merger can still be saved if the airlines agree to key concessions.  • Merger Good for the Industry?

Treasury will begin another round of sales of the GM stock it acquired during the its bailout of the auto sector.

Aviation industry executives from Europe and North America appealed to governments to ease the way ahead by cutting taxes and red tape.