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.
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.
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.
Senate to vote on keeping federal highway money flowing to states as deadline looms
The Senate is scheduled to take up legislation Tuesday to keep federal highway money flowing to states, with just three days left before the government plans to start slowing down payments.
House approves bill letting airlines advertise pre-tax fares, over consumer complaints
It's a battle pitting the nation's airlines against their passengers, and the first round has gone to the industry.
EU ambassadors reach preliminary deal on stepped-up sanctions against Russia, officials say
European Union ambassadors have reached a preliminary deal on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.
United to resume flights to Israel following lifting of ban by aviation regulators
United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip.
FAA lifts ban on US flights to Tel Aviv after reassessing danger from Hamas rockets
The Federal Aviation Administration has lifted its ban on U.S. flights in and out of Israel, which the agency had imposed out of concern for the risk of planes being hit by Hamas rockets.
Delta Air Lines cancels flights to Israel, cites reports of rocket near Tel Aviv airport
Delta Air Lines is canceling all flights to Israel until further notice, citing reports that a rocket landed near Tel Aviv's Ben Gurion Airport.
States with the biggest changes in jobless aid applications, and some reasons, at a glance
Fewer people applied for U.S. unemployment benefits last week, evidence that recent job gains should continue.
Republicans and Democrats embrace 'pension smoothing' budget gimmick to fund highway projects
If there's anything that can unite Democrats and Republicans in the partisan swamp of Capitol Hill, it's free money.
House to act on bill to patch over multibillion-dollar pothole in highway, transit programs
The House is poised to act on a bill that would temporarily patch over a multibillion-dollar pothole in federal highway and transit programs while ducking the issue of how to put the programs on sound financial footing.
Environmental groups seek immediate ban of oil shipments in older railroad tank cars
Two environmental groups are asking the U.S. Department of Transportation to immediately ban shipments of volatile crude oil in older railroad tank cars, citing recent explosive oil train wrecks and the department's own findings that those accidents pose an "imminent hazard." The petition filed Tuesday by the Sierra Club and ForestEthics seeks an emergency order within 30 days to prohibit crude from the Northern Plains' Bakken region and elsewhere from being carried in the older tank cars, known as DOT-111s.
Truckers at Los Angeles, Long Beach ports agree to cooling period following five-day strike
Truck drivers at the ports of Los Angeles and Long Beach agreed Saturday to a cooling-off period following five days of striking that briefly shut the massive ports.
States with the biggest changes in jobless aid applications, and some reasons, at a glance
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.
Plan to keep highway, transit aid flowing to states advances in House as deadline looms
A House committee took a step Thursday toward keeping highway and transit aid flowing to states just three weeks before transportation programs are forecast to go broke.
SanDisk 2Q Earnings Beat Expectations; Gas Prices Continue to Creep Up
Second-quarter earnings for SanDisk exceeded estimates, coming in $1.21 per share. Meanwhile, gas prices continue to creep up.