Flights delayed amid budget-cut furloughs of air controllers
WASHINGTON — Flights were delayed by up to two hours across the country Monday, the first weekday that the nation’s air traffic control system operated with 10 percent fewer controllers. Pilots, gate agents and others were quick to blame furloughs caused by mandatory across-the-board budget cuts, but the Federal Aviation Administration said it was too soon to assign blame.
Airlines, the masters of flight overbooking, have refined the practice of bumping to a science
Ryan W. Kingsbury SM ’09 is the rare flier who’s actually looking to be bumped from a flight.
Coupling solar energy to natural gas, and hoping for the best of both
INDIANTOWN, Fla. — In former swamplands teaming with otters and wild hogs, one of the nation’s biggest utilities is running an experiment in the future of renewable power.
Investors’ Flight to Oil Pushes Price to a Record
Capping a relentless rise in recent years, oil prices hit an all-time high during the day on Monday, then pulled back to close below the record.
Oil Price Falls Beneath $70 in Rapid Descent
Oil prices dropped below $70 a barrel for the first time in 14 months on Thursday, prompting the OPEC cartel to call for an emergency meeting next week to establish some stability in prices that have swung wildly along with the stock market this year.
Worries About Bailout Plans Give Stocks a Downward Shove
Fresh concerns about the biggest government bailout in history sent stock markets down sharply on Monday, while a weakening dollar sparked a frantic rush into commodities as investors remained nervous about the financial health of Wall Street.
Rising Petroleum Prices Fail to Prompt Increase in Refinery Output
As oil prices soared to record levels in recent years, basic economics suggested that consumption would fall and supplies would rise as producers drilled for more oil.
Investors Disappointed by Exxon’s Near-Record Quarterly Profits
Exxon Mobil reported the second-best quarterly profit in its history on Thursday — and investors could barely hide their disappointment.