NHTSA Probes 400,000 Ford F-150 Pickups for Acceleration Issues
Safety regulators have opened a preliminary investigation into Ford’s popular F-150 pickup truck related to acceleration issues in some of its newer models.
How Strong is the Economy? Check Out Used Auto Sales
Auto sales in May are expected to rise about 8% and the annual sales pace should rebound back above 15 million vehicles--a great economic indicator.
AAA: Gas, Insurance Send Cost of Driving Higher
Rising insurance costs and gas prices pushed the average cost of owning and driving a sedan up 1.96% to 60.8 cents per mile.
Cox Reacquires 25% Stake in AutoTrader for $1.8B
The deal gives Cox control of 98% of AutoTrader, the largest digital automotive marketplace in the U.S. that includes Kelley Blue Book.
Frontier Airlines Sold for $109M to Firm Led by Former Spirit Airlines Exec
The $145 million deal comes after Frontier was bought out of bankruptcy in 2009 for $109 million.
Rockwell Collins Flies Away With Carlyle's Arinc for $1.39B
Rockwell Collins inked a $1.39 billion deal to acquire aerospace communications maker Arinc from Carlyle Group.
Report: Parts Maker TI Automotive Eyes $1.5B Sale
The privately held auto parts maker has reportedly hired Deutsche Bank to search for bidders.
Revenue increases lift 2Q profits at airlines, which share the bounty with investors
Investing in airlines has long been the butt of jokes, especially when many U.S. carriers traipsed through bankruptcy court in the past decade.
Boeing Raises Share Buyback Authorization to $14 Billion
Boeing Co (NYSE:BA) raised its share repurchase authorization to $14 billion from $12 billion and also increased its quarterly dividend.
FedEx Unveils 32M Share Buyback Program
Despite concerns about U.S. growth, FedEx said it plans to buy back another 32 million shares of common stock.
Goodyear Ends 11-Year Dividend Drought, Unveils $100M Buyback
Goodyear affirmed its profit forecast for the year and reinstated a common stock dividend.
Summers at SALT: Need Mix of Public, Private Investment
Former Treasury Secretary Larry Summers told Maria Bartiromo Thursday at the SALT conference that a mix of public and private investment in U.S. infrastructure would help ease the U.S. economy out of its malaise.
Berkshire Profit Doubles to Record on Kraft Heinz
Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined.
GE Dividend Hike Coming, Just Not Anytime Soon
GE says “it will maintain its dividend at the current level until 2016” and details timetable for hike.
Trillion Dollar Travel Sector Set to Expand
The travel industry is set for a recovery as boardrooms send more employees on the road to meet clients and consumer confidence rises.
Caesars Entertainment opens conference center designed to grow Atlantic City meetings market
Atlantic City took a step toward remaking itself Thursday — and it had nothing to do with gambling.
Justice Department won't challenge deal combining travel booking sites Expedia and Orbitz
The Justice Department says it won't challenge travel booking site Expedia's $1.3 billion purchase of competitor Orbitz, saying the deal is unlikely to hurt competitors or consumers.
Fire reported aboard Royal Caribbean ship in Jamaica; no injuries reported or evacuation
A fire has been reported aboard a Royal Caribbean cruise ship, but officials say it was quickly extinguished.
Carnival aims to offer new Cuba cruise from Miami next year as a cultural exchange trip
The world's largest cruise company could be heading to Havana.
Longtime holdout JetBlue Airways adds new fee for checked suitcases; lowers some other fees
The era of free checked suitcases on JetBlue has come to an end.













