Transportation

Ford's current CEO is being mentioned as a candidate for Microsoft's top job, but the company is throwing cold water on the reports. 

United Continental Holdings Inc said in a news release that Chief Executive Oscar Munoz underwent a heart transplant on Wednesday and may return to the helm of the second-largest U.S. airline later than expected.

The nation's second-biggest airline said its general counsel will take over as acting CEO until Chief Executive Oscar Muniz can return after suffering a heart attack.

Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields.

United Continental Holdings Inc Chief Financial Officer John Rainey has left the fourth-biggest passenger air carrier in the United States to take up the same role at PayPal Holdings Inc, the companies said Tuesday.

United Airlines Chief Executive Oscar Munoz suffered a heart attack yesterday and is in a Chicago hospital, according to multiple media reports. 

By Soham Chatterjee and Bijoy Anandoth Koyitty

The company saw revenue in North America climb 32% year-over-year to $28.1 million, while Europe jumped up 65% to $10.7 million. Total unduplicated newsletter subscribers grew 14% during the three months ended Sept. 30 to 21. 3million.

The parent of American Airlines posted a smaller-than-expected quarterly loss Wednesday as cost cutting somewhat dampened the effects of soaring fuel prices. 

By Jessica Wohl

By Nick Zieminski

The United States, in a review of future satellite needs, is examining opportunities to increase international collaboration and orders from commercial providers, a senior U.S. Air Force official said on Wednesday.

Delta is reportedly bidding on a ConocoPhillips refinery with the hope of reducing of heavy fuel costs, but analysts question whether or not it's a wise move.

Bizarre and frightening events in recent history show that something about airplanes makes people nuts.

United Parcel Service is extending the offer period for its $6.28 billion proposed acquisition of TNT Express until Nov. 9.

American Airlines unveiled deals with Bombardier and Embraer to purchase a total of 90 new 76-seat regional jets, as the company moves to update its fleet after merging with US Airways.

Italy-based Fiat said it has enough cash to buy the portion of Chrysler it doesn't already own without seeking additional financing. 

The bankrupt investment bank is accusing the chip maker of seizing $1 billion in collateral in breach of a swap agreement.

The No. 1 U.S. auto maker easily beat expectations despite shrinking North American profits.

All Nippon Airways will reportedly put its pilots through training to resume flights in June after Boeing completed more than half of its tests to get its new battery system certified.