Transportation

SpaceX Delays Launch Due to Technical Issue

SpaceX on Wednesday postponed for at least 24 hours the scheduled Florida launch of a Falcon 9 rocket on a satellite-delivery mission and attempted return-landing at sea to allow extra time to chill the rocket's propellant, the company said.

Airlines Reporting Record Profits

The major airlines have been reporting a string of record profits. Discover just how much they are benefiting from the enormous drop in fuel costs.

United Parcel Service's 4Q Profit Surges

United Parcel reported an adjusted 4Q profit of $1.57 per share, topping the estimate for $1.42. Revenue for the package delivery company came in at $16.05 billion, missing the estimate for $16.27 billion.

Hertz Cuts Outlook on Weak Airport Rentals

Hertz, the No.2 U.S. car rental company, cut its full-year forecast amid weak volume at its U.S. airport car rental business, sending shares in reverse.