Topic: Deepa Seetharaman

Toyota Recalls 51,000 Pick-Ups

Toyota Motor Co (NYSE:TM) is recalling 51,000 Tundra pick-up trucks for the model year 2011 due to a potential defect in the rear drive shaft.....
Joining us here in Houston are Continental's Chairman, President and Chief Executive Officer, Jeff Smisek; Executive Vice President and Chief Marketing Officer, Jim Compton; Executive Vice President and Chief Financial Officer, Zane Rowe; Executive Vice President and Chief Operations Officer, Mark ...
Airline stocks and their related ETF recently touched 52-week highs, having been swept up with the broader market rally. But does the airline industry have the fundamentals to continue earning for investors?. According to Glenn Curtis of Investopedia, there are some concerns ...

Foreclosure auction for W hotel in NYC canceled

NEW YORK (Reuters) - A foreclosure auction for the 270-room W New York-Union Square was canceled on Tuesday after the owner of the luxury hotel filed for Chapter 11 bankruptcy protection.DekaBank Deutsche Girozentrale , a senior lender holding a $60 million loan on ...

Starwood boosts equity grant for some directors

NEW YORK (Reuters) - Starwood Hotels & Resorts Worldwide Inc is raising the annual amount of stock and options that it gives board members who do not work for the company by 25 percent.Starwood, which operates the W and Sheraton hotel chains, previously ...

American Air sees Q3 traffic, revenue drop

NEW YORK (Reuters) - AMR Corp's < AMR.N> American Airlines said on Friday it expects September mainline passenger traffic to slide 16.4 percent from August levels and sees costs rising 1.7 percent during that time.Mainline unit revenue in the ...

JetBlue offers one month of unlimited jetting

NEW YORK (Reuters) - JetBlue Airways is offering a $599 one-month pass for unlimited travel on Wednesday in a bid to get more passengers airborne and jump-start a sluggish summer for the airline industry.The pass, valid until August 21, allows holders to ...

Flight grounded by coffee maker aroma

NEW YORK (Reuters) - The electrical smell that caused a Southwest Airlines Co flight to make an unexpected landing Sunday was caused by a coffee maker in the back of the aircraft, a company spokesman said on Monday.The coffee maker was in ...

Southwest flight grounded by coffee maker aroma

NEW YORK (Reuters) - The electrical smell that caused a Southwest Airlines Co flight to make an unexpected landing Sunday was caused by a coffee maker in the back of the aircraft, a company spokesman said on Monday.The coffee maker was in ...

Starwood posts higher profit on cost cuts

NEW YORK (Reuters) - Starwood Hotels & Resorts Inc < HOT.N> posted a higher net profit for the second quarter on Thursday, helped by broad cost cuts.The White Plains, New York-based company posted net income of $134 million, or 74 cents per share ...