Posts Tagged Business

US stocks ease on earnings results

NEW YORK (AP) — The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss.

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US stocks ease on earnings results

NEW YORK (AP) — The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss.

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Air travel a leap of faith for passengers

File - This July 17, 2014, file photo show people walking amongst the debris at the crash site of Malaysia Airlines Flight 17 near the village of Hrabove, eastern Ukraine.  Ukraine said the passenger plane was shot down as it flew over the country, killing all 298 people on board. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents. (AP Photo/Dmitry Lovetsky, File)

WASHINGTON (AP) — Airline travel requires passengers to make a leap of faith, entrusting their lives to pilots, airlines, air traffic controllers and others who regulate air travel.

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France: Air Algerie flight vanished over Mali

An arrival information screen shows the delayed Air Algerie flight 5017 (top) at the Houari Boumediene airport near Algiers, Algeria, Thursday, July 24, 2014. An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali and "probably crashed" according to the plane's owner and government officials in France and Burkina Faso. (AP Photo/Sidali Djarboub)

OUAGADOUGO, Burkina Faso (AP) — An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, the third major international aviation disaster in a week.

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Very bad week: Airline disasters come in a cluster

A forensic team recovers human remains among the wreckage of crashed TransAsia Airways flight GE222 on the outlying island of Penghu, Taiwan, Thursday, July 24, 2014. Stormy weather on the trailing edge of Typhoon Matmo was the likely cause of the plane crash that killed more than 40 people, the airline said. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents. (AP Photo/Wally Santana)

WASHINGTON (AP) — Nearly 300 passengers perish when their plane is shot out of the sky. Airlines suspend flights to Israel’s largest airport after rocket attacks. Two airliners crash during storms. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents.

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