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.
South Korea economy rattled as MERS outbreak scares off tourists, keeps Koreans indoors
For a South Korean tour agency, the outbreak of Middle East respiratory syndrome feels like a bigger threat to business than a North Korean attack or nuclear reactor meltdown.
Uber teams up with hotel chain Starwood, giving hotel points for car rides
Uber is partnering with hotel chain Starwood to give riders a bit more incentive to choose the ride-hailing service over a taxi.
Online travel company Expedia buying Orbitz Worldwide for about $1.33 billion
Expedia is buying rival online travel site Orbitz for approximately $1.33 billion.
Oneida Indian Nation to build $20 million central New York casino with 'Wizard of Oz' theme
The Oneida Indian Nation has announced plans to open a $20 million casino with a "Wizard of Oz" theme in the village where Oz author L.
Proposed incentive for air tour operators at Grand Canyon could boost flights in summer months
Air tour operators at the Grand Canyon would be able to take more visitors over the most popular flight routes under a proposed incentive to make aircraft quieter.
United Airlines ending Atlantic City service on Dec. 3 after just 8 months
United Airlines is ending service to and from Atlantic City after just eight months of serving the East Coast gambling resort.
Cruise company Carnival mulls ship building joint venture with Fincantieri, Chinese company
Cruise ship company Carnival Corp. says it's exploring the possibility of a ship building joint venture with a state-owned Chinese company and Italy's Fincantieri.






