Ford Says Focus Outsells Toyota Corolla
After boosting production in Asia, Ford said its Focus outsold Toyota’s Corolla in the first half of this year.
Low Water Strands 93 Vessels on Mississippi River
Low water has stranded 54 southbound vessels and 39 northbound vessels in the river.
GM's Opel, Staff Close to Deal on Shorter Work Week
The German unit of GM is close to signing a deal with workers to cut their hours at two German plants employing a total of 16,500.
Airbus Delays A350 Model After Production Glitch
The European planemaker delayed the introduction of its newest passenger jet until the second half of 2014.
GM CEO: Talks With German Unions are Progressing
General Motors CEO Dan Akerson said Tuesday that the company is in 'constructive' talks with unions about its factories there.
Chrysler's May Sales Climb 30%, Trail Forecasts
Rebounding auto maker Chrysler scored a 30% jump in U.S. sales in May thanks to explosive growth at its namesake brand, but the results failed to meet forecasts from analysts.
GM to Temporarily Lay Off 1300
General Motors will temporarily lay off 1,300 workers for five weeks at one of its Detroit plants.
United Airlines Hit by Technical Glitches
A merging of the reservation platforms of United Airlines and the former Continental Airlines caused flight delays, faulty kiosks and jammed phone lines this weekend.
Need to Ship? Freight Rates Turn Negative
If you’ve got a few tons of stuff to ship a several thousand miles, today is your lucky day. That’s because shipping rates have just gone negative.
American Airlines to Cut $2B in Costs, Slash Thousands of Jobs
American Airlines’ bankrupt parent AMR will cut more than $2 billion in annual costs, with more than half coming from at least 13,000 job cuts.
Carnival Shares Drop 20% After Costa Disaster
Carnival, the owner of the cruise ship that capsized off Italy's coast, estimated the impact to its 2012 earnings for loss of use alone to be around $90 million.
Delta, U.S. Airways 4Q Profits Fly Past Street Despite Expensive Fuel
Delta Air Lines posted a higher quarterly profit as fare increases helped offset a 20% rise fuel prices.
Boeing 4Q Results Soar by Estimates, But Fiscal View Disappoints
Boeing revealed a stronger-than-expected 20% increase in fourth-quarter profits and announced its biggest-ever European deal, however its shares slipped on a weaker fiscal guidance.
Southwest's 4Q EPS Tops Views, But Fuel Costs Remain a Concern
Southwest Airlines widened its profit in the fourth quarter on stronger passenger revenues, however earnings still fell in fiscal 2011.
Delta, TPG Circle Around Bankrupt American Airlines: Report
Delta Air Lines and private-equity firm TPG Capital are reportedly both exploring separate bids to acquire bankrupt American Airlines parent AMR Corp.
American Airlines' Parent Company to Trim Management
AMR's CEO said the company will reduce its management and support staff to "redesign American's management structure."
JetBlue Offers Free Flight if Your Presidential Candidate Loses
JetBlue is looking to ease the pain for unhappy Americans on Nov.7 -- the day after the presidential election.
JetBlue Offers Free Flight if Your Presidential Candidate Loses
JetBlue is looking to ease the pain for unhappy Americans on Nov.7 -- the day after the presidential election.
Sandy Leaves Mass Transit Reeling, Millions Stranded in Greater NY
Officials began analyzing the damage brought by super storm Sandy to mass transit systems. However, it could be days until these systems are back to normal.
Ford to Shutter 3 European Plants, Slash Jobs
Slammed by shrinking demand on the other side of the Atlantic, Ford announced plans to pull the plug on a trio of European factories and slash its workforce there by nearly 6,000.













