Why flying may get a whole lot cheaper

Has the airline industry become … sexier? Well, consumers are able to fly roundtrip from Newark to Paris on an all-business-class Boeing 757 if they snag a special fare of $2,014 a couple, on a new airline called La Compagnie. It’s one of a host of new commercial airline startups taking off, according to a […]

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Courts split on Obamacare aid for exchanges

Two U.S. appeals courts reached opposite conclusions on the legality of a key financing provision of the Affordable Care Act, increasing the chances of another showdown at the Supreme Court over President Barack Obama’s signature health-care law. In a 2-1 ruling by a majority of judges appointed by Republican presidents, a U.S. appeals court in […]

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Is Germany still the champion?

By Philip Blenkinsop BRUSSELS (Reuters) – A week on from its World Cup soccer victory, Germany may return to center stage, though this time not with fan celebrations but concerns over the health of Europe’s economic motor. Investors saw dark clouds building on Friday after a Malaysian airlines jet was shot down at the Ukraine-Russia […]

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Don’t be too quick to jump in the safety trade

Fresh evidence detailed by the U.S. suggests it was in fact pro-Russian separatists who fired a Russian-made missile that led to the crash of a Malaysian Airlines jet. While the U.S. said its investigation wasn’t complete, it seems from its findings and those of the Ukrainian government that the separatists were at fault. Heading south […]

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Don’t be too quick to jump in the safety trade

Fresh evidence detailed by the U.S. suggests it was in fact pro-Russian separatists who fired a Russian-made missile that led to the crash of a Malaysian Airlines jet. While the U.S. said its investigation wasn’t complete, it seems from its findings and those of the Ukrainian government that the separatists were at fault. Heading south […]

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Why foreign workers still love the U.S. job market

Many Americans are down on the U.S. job market, since good jobs are still hard to find and a lot of people who do have jobs are earning less than they used to. But America still seems like the promised land to many foreigners. A new study by job-search site Indeed finds that the United […]

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World’s Richest Lose $33 Billion as Slim Plans Breakup

The world’s 300 richest people dropped $33 billion from their collective net worth this week as the Standard Poor’s 500 Index suffered its worst week since April. Bucking the trend was Mexican billionaire Carlos Slim, who added $4.4 billion to his fortune after he announced plans to carve up his telecommunications empire. The billionaire said […]

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Tech earnings take center stage next week

By Angela Moon NEW YORK (Reuters) – Earnings from some of the biggest U.S. technology companies will take center stage next week, giving investors a chance to re-evaluate the sector’s health. Big tech names set to report next week include Intel Corp and Yahoo Inc on Tuesday; eBay Inc on Wednesday and Google Inc on […]

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Airbus says ‘jury still out’ on A330neo airshow launch

By Ingrid Melander and Alexandre Boksenbaum-Granier AIX-EN-PROVENCE France (Reuters) – Airbus Group has not decided whether it will launch its proposed A330neo jet at this month’s Farnborough Airshow but is confident about the outlook for plane orders at the gala event, its strategy chief Marwan Lahoud said on Saturday. Airbus has drawn up plans to […]

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Fracking fears grow as Oklahoma tops California for earthquakes

Squinting into a laptop perched on the back of his pickup, Austin Holland searches for a signal from a coffee-can-sized sensor buried under the grassy prairie. Holland, Oklahoma‘s seismology chief, is determined to find the cause of an unprecedented earthquake epidemic in the state. And he suspects pumping wastewater from oil and gas drilling back […]

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