U.S. fines Copa Airlines $450K for transporting passengers between U.S., Venezuela

U.S. fines Copa Airlines $450K for transporting passengers between U.S., Venezuela
A Copa Airlines plane sits in the tarmac is pictured at Tocumen International Airport after the Panamanian government restricted flights in recent days due to the coronavirus disease outbreak (COVID-19), in Panama City, Panama March 18, 2020. REUTERS/Erick Marciscano (Reuters) – The U.S. Transportation Department said on Wednesday it had fined Panama’s Copa Airlines (CPA.N) $450,000 for unlawfully transporting passengers... Read More

House panel debating $494 billion infrastructure measure

House panel debating $494 billion infrastructure measure
FILE PHOTO: An aerial photo shows the University Bridge at left and the Ship Canal Bridge I-5 heading into downtown Seattle in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson (Reuters) – A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon... Read More

U.S. House panel debating $494 billion infrastructure measure

U.S. House panel debating $494 billion infrastructure measure
FILE PHOTO: An aerial photo shows the University Bridge at left and the Ship Canal Bridge I-5 heading into downtown Seattle in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson (Reuters) – A U.S. House of Representatives panel is debating on Wednesday a Democratic plan to boost infrastructure spending that aims to fix crumbling roads and highways and reduce carbon... Read More

U.S. lawmaker says seeking bipartisan legislation on airline mask rules

U.S. lawmaker says seeking bipartisan legislation on airline mask rules
FILE PHOTO: A Southwest Airlines Co. employee wears a protective mask while assisting a passenger at Los Angeles International Airport (LAX) on an unusually empty Memorial Day weekend during the outbreak of the coronavirus disease (COVID-19) in Los Angeles, California, U.S., May 23, 2020. REUTERS/Patrick T. Fallon (Reuters) – A U.S. senator said on Wednesday he was hoping for bipartisan... Read More

S&P 500, Dow muted as rising COVID-19 cases dent recovery hopes

S&P 500, Dow muted as rising COVID-19 cases dent recovery hopes
(Reuters) – The S&P 500 and the Dow edged higher in choppy trading on Wednesday as hopes of a swift recovery from a coronavirus-driven downturn were dented by fears of a record rise in coronavirus cases in six U.S. states. FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City,... Read More

S&P 500, Dow flat after three-day rally

S&P 500, Dow flat after three-day rally
(Reuters) – The S&P 500 and the Dow were largely flat on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn. FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New York City,... Read More

S&P 500, Dow struggle for direction after three-day rally

S&P 500, Dow struggle for direction after three-day rally
(Reuters) – The S&P 500 and the Dow edged lower in choppy trading on Wednesday as a record rise in coronavirus cases in six U.S. states dented sentiment following a three-day rally on hopes of a swift recovery from a coronavirus-driven downturn. FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in New... Read More

Wall Street set to extend three-day rally on recovery hopes

Wall Street set to extend three-day rally on recovery hopes
(Reuters) – Wall Street’s main indexes were set to open higher on Wednesday, building on their three-day rally as signs of more official stimulus supported hopes of an economic recovery, even as six U.S. states saw a record rise in new coronavirus cases. FILE PHOTO: Traders exit the 11 Wall St. door of the New York Stock Exchange (NYSE) in... Read More

Senate bill aims to improve aircraft certification after 737 MAX crashes

Senate bill aims to improve aircraft certification after 737 MAX crashes
SEATTLE/CHICAGO/TRURO, Mass. (Reuters) – U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co (BA.N) 737 MAX crashes, though a victim’s father said the bill, while a positive step, “still lacks teeth.” FILE PHOTO – Dozens of grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field... Read More