Passenger Transportation Services

Wally Funk has died in Texas, aged 87. He was the pioneering aviator and astronaut who, at the dawning of the Space Age with 12 American women, became the oldest person ever to fly into space. According to the statement, Funk died the night before at her home in Grapevine, Texas. The cause of death wasn't given. Funk, who had been barred from NASA’s early astronaut corps due to her gender, made headlines when she joined Jeff Bezos, the billionaire founder of Amazon.com, as his honorary guest, along with two other guests, on the inaugural spaceflight Blue Origin's New Shepard...

Palm Beach Airport in Florida was officially renamed after Donald Trump on Thursday. It is the latest of a number of institutions, buildings and government programs to adopt the Republican identity. The renaming 'Palm Beach International Airport' to President Donald J. Trump International Airport is a public nod to the Republican Leaders support for his adopted state, Florida, which houses his lavish Mar-a-Lago Resort. Eric Trump, Trump's son, said in an interview with Fox News that "I don’t think there's anyone more synonymous with Palm Beach as Donald Trump" in Florida. Since Trump was elected to a second term in...

According to data and reliable sources, oil tanker traffic in the Strait of Hormuz?was at a standstill Thursday as the shipping risks increased after the U.S. Airstrikes were renewed on Iran, prompting retaliation by Tehran in the Gulf. In the early morning hours of Thursday, only two tankers have so far sailed through the Strait. According to Kpler, they included the crude supertanker Berg 1 which was loaded on Iran's Kharg Island. It is also subject to U.S. sanction. Kpler analysis revealed that the chemical tanker Well Sail with Marshall Islands flag also traversed this strait. According to LSEG tracking...

Broadcom led the gains amongst recently battered chips stocks. Trump warned, 'at the NATO summit in Turkey that he has no interest in continuing talks with Iran. He will likely launch additional strikes in Washington on Wednesday night. Trump's remarks marked the latest setback of the back-and forth talks, which have oscillated between threats of escalation or hopes for diplomacy. Investors were caught off guard by several false begins toward a peace agreement. Duration is key. How long will this continue? Rob Haworth is a senior investment strategist with U.S. Bank Wealth Management, Seattle. The market could be forced to...

Broadcom, a chip stock that has been battered recently, led the gains amongst recent battered stocks. The S&P?500 dropped on Wednesday as U.S. president Donald Trump declared an interim agreement aimed at ending?the war?with Iran to be "over." Trump, speaking at the NATO summit in?Turkey said that he was not interested in continuing talks with Iran. He also warned that Washington will likely conduct additional strikes on Wednesday evening. Trump's remarks marked the latest setback of the series of back and forth talks which have oscillated between threats of escalation, and hopes for diplomacy. Investors were left unprepared by several...

Industry sources said on Wednesday that Etihad Airways, Abu Dhabi, is "close to a deal" for the purchase of ten Boeing 787 wide body jets. An announcement could come as soon as this month at the Farnborough Airshow. Etihad declined and Boeing declined?comment. Sources warned that a deal could not be guaranteed, as negotiations continue to take place in the run-up to 'the 'July 20-24 event? in Britain. Etihad CEO Antonoaldo Neves said last month that the company was considering ordering double-digits of wide-body aircraft, but declined to provide further details. Etihad has restored flights following a?cut in March due...

Wall Street's major indexes dropped on Wednesday, after President Donald Trump declared that an interim agreement aimed at ending a?war against Iran was "over." Broadcom led the gains among recently battered chips stocks. At the NATO summit, Trump said that he was not interested in continuing talks with Iran. He also warned that Washington would likely carry out more strikes on Wednesday evening. His remarks marked the latest setback of the back-and forth in negotiations that have oscillated between threats of escalation, and hopes for diplomacy. Investors were caught off guard by several false begins toward a peace agreement. Broadcom...

Wall Street's major indexes dropped on Wednesday, after President Donald Trump declared that an interim agreement aimed at ending a?war against Iran was "over," and gains in Broadcom provided some respite for the recently battered-down chip stock. Trump stated that he has no desire to engage Iran further. He warned Iran of additional strikes that Washington would likely make on Wednesday night. Trump's comments marked the latest twist in a conflict that has seen rhetoric between the U.S., Iran and other countries swinging back and forth between military escalation or diplomacy. Investors have been caught off guard by false dawns,...

Ship-tracking data showed that at least four oil and gasoline tankers had turned back from trying to transit the Strait of Hormuz. This was due to renewed attacks against vessels in this critical waterway, which raised safety & security concerns. After reports of Iran firing missiles on ships in the waterway and damaging a Qatari LNG tanker, as well as a Saudi crude oil tanker, the maritime authorities raised the threat level for transiting vessels from "moderate" to "severe." Data from Kpler and LSEG showed that the three LNG tankers – Al Ghariya Duhail Al Ruwais – were all heading...

Fuel costs in the?U.S. Fuel costs for?U.S. In May 2025, airlines spent $3.62 Billion on fuel, compared to $6.66 Billion in the same month of this year. USDOT said that the cost of fuel per gallon in May was $4.09 - up $1.88 from May 2025. In recent weeks, jet fuel prices have dropped sharply as tensions between Iran and the United States eased. Fuel prices in April rose by 80%, to $6.5 billion. The price of jet fuel is?down by around 40% compared to their April highs, but the oil price rose on Tuesday more than 2% after reports...

Broadcom - and other chip stocks - rallied on Monday as investors 'bought shares of companies that are related to artificial intelligence, which?are hoped to drive a robust second quarter earnings season. Broadcom's stock jumped when Apple and the chipmaker agreed to extend their agreement through 2031 for the development and supply of a range custom chips. After two consecutive sessions of losses, the Philadelphia SE Semiconductor Index gained. This is a market where a lot people are left out. Jake Dollarhide is the chief executive officer at Longbow Asset Management, located in Tulsa. He said that if you are...

Iran has started talks with Japanese firms under a U.S. sanction waiver that allows?it resume oil sales. However, prospective buyers are?seeking longer waivers and reassurances regarding ship safety. The waiver was part of the 60-day talks between Washington and Tehran, and it expires on August 21. Two Iranian sources declined to identify themselves due to the sensitive nature of the matter. They said that three Japanese buyers are considering possible crude oil purchases in Iran. This would be their first purchase since 2019. A Western industry source with knowledge of the situation said that Japanese and Iranian officials were initially...

U.S. Stock Futures were mixed Friday, after a strong Wall Street rally. Investors awaited SK Hynix's highly anticipated Nasdaq debut and weighed the impact of recent Middle East conflict escalation. Chipmakers' gains fueled the main U.S. indices to close higher during the previous session. The S&P 500, Nasdaq, and Dow were all on track to gain weekly gains as of Thursday's closing. The AI trade was also back on the agenda ahead of SK Hynix listing in the U.S. on Friday. Memory-chip maker raised $26.5 billion by selling American?Depositary Receivables' priced at $149. This is the largest share offering in...

S&P 500 futures and Nasdaq Futures slowed on Friday as investors weighed Middle East tensions, and awaited SK Hynix's highly anticipated Nasdaq debut. Chipmakers' gains fueled the main U.S. indices to close higher during the previous session. The S&P 500, Nasdaq, and Dow were all on track to gain weekly gains as of Thursday's closing. The AI trade was also back on the agenda ahead of SK Hynix listing in the U.S. on Friday. Memory-chip maker, Micron, priced its American depositary Receipts (ADRs) at $149 per share on Thursday. The company raised about $26.5 billion. This offering will be the...

These are the most popular?stories from the Wall Street Journal. These?stories have not been?verified' and we cannot?guarantee? their?accuracy. Jeff Bezos’ Blue Origin wants to bring in outside investors for first time. The company is aiming to raise 10 billion dollars through a funding round, which would value the rocket manufacturer at $130 billion before the investment. China has said that it found "security vulnerabilities" in Anthropic’s Claude Code. This is a step up in tensions with the U.S. in the race for artificial intelligence supremacy. Apple plans to spend more than $30 billion in a deal with Broadcom, which was...

Ship-tracking data revealed that at least four oil and gas tanks had turned back after attempting to cross the Strait of Hormuz. This was due to renewed attacks on vessels in this critical waterway, which raised safety and security concerns. The?diversions' come after two tankers, a Qatari LNG tanker and one Saudi crude oil tanker, were damaged on Tuesday near the strait following reports that Iran had fired missiles into the waterway. This prompted maritime authorities to increase the threat level for transiting vessels from "moderate" to "severe." Data from analytics firms Kpler & LSEG revealed that the LNG tankers...

Three Iranian and Western sources confirmed that Iran has started talks with Japanese companies as part of a U.S. sanction waiver, allowing it to resume its oil sales. However, 'prospective buyers' are asking for a longer waiver, and reassurances about ship safety. The waiver was part of the 60-day talks between Washington and Tehran, and it expires on August 21. Two Iranian sources declined to identify themselves due to the sensitive nature of the matter. They said that three Japanese buyers are considering possible crude oil purchases in Iran. This would be their first purchase since 2019. A Western industry...

Three Iranian and Western sources confirmed that Iran has started 'talks' to sell oil to Japanese companies, but 'potential buyers' are requesting a longer U.S. sanction waiver and assurances about safe shipping conditions in Gulf. In June, the United States authorised Iranian oil exports. This was a significant step in easing decades-old sanctions and paving the way for a final peace agreement with Tehran. The deal would be in exchange for nuclear inspections?and freedom of movement through?the Strait of Hormuz?. China has been the largest buyer of Iranian oil over the past few years, after South Korea, Japan and Europe...

The Foreign Ministry in Tokyo announced that the Japanese Prime Minister Sanae Takaichi would visit India from Wednesday to hold talks with Prime Minister Narendra Modi. These discussions will focus on boosting trade and investment, as well as strategic cooperation between 'two Asian partners. Modi visited Tokyo in 2014, where Japan promised to double its investment to $61 billion within the next decade. This visit was a result of 'deepening economic relations. The 16th India-Japan Annual Summit will be held by the two leaders. This is a "mechanism" where the prime ministers from both countries meet alternately. According to a?foreign...

As diplomatic efforts to resolve the conflict that followed the U.S.-Israeli strikes on Iran gain momentum, some airlines are restoring their flights to certain parts of the Middle East. However, many carriers continue to suspend flights, causing global travel disruptions. The following is a list of the current status of flights by alphabetical order. AEGEAN AIRLINES Thessaloniki-Tel Aviv flights were resumed by Greece's largest airline on June 28. Dubai flights are suspended until August 31 and Erbil and Baghdad flights until September 30. AIRBALTIC AirBaltic, a Latvian airline, has suspended flights to Tel Aviv from June 28 to July 1,...

Gulf markets opened lower on Monday as investors were on edge due to recent strikes by the U.S. against Iran. This was despite a pact?between both?countries?to stop further attacks. After several days of retaliatory attacks, which were triggered by a projectile fired by Iran that struck a cargo ship in the Strait of Hormuz on last week, there will be?a renewed push for diplomacy throughout the Middle East. Since then, both sides have accused each other for violating an interim truce. Oil prices rose due to uncertainty over the durability of the peace deal, but crude oil has since lost?nearly...

Some airlines have resumed flights to certain parts of the Middle East, as diplomatic efforts intensify to resolve the conflict that erupted after the U.S.-Israeli strikes on Iran. However, many carriers continue to suspend their flights, causing global travel disruptions. Below is an alphabetical update of the flight statuses for airlines. AEGEAN AIRLINES Thessaloniki-Tel 'Aviv flights were cancelled by Greece's biggest carrier until 26 June. Flights from Thessaloniki to Tel 'Aviv have been canceled until June 26. AIRBALTIC AirBaltic, a Latvian airline, has canceled flights to Tel Aviv and Dubai until the 28th of June. AIR CANADA Canadian Airlines has...

The United Nations shipping agency announced on Tuesday that an evacuation plan is in place to allow hundreds of ships with 11,000 seafarers stuck?in?the Gulf to sail through the Strait of Hormuz. This follows the agreement between Iran and the U.S. to end hostilities. A spokesperson for the United Nations said, "We've started to contact the ships in order to begin the evacuation." The International Maritime Organization's (IMO) spokesperson said that the evacuation would begin as soon as possible. The IMO stated that it had?secured the necessary safety assurances and verified conditions for safe sailing. In a press release, IMO...

Some airlines have resumed flights to certain parts of the Middle East, as diplomatic efforts intensify to resolve the conflict that erupted after U.S. and Israeli strikes on Iran. However, many carriers continue to suspend flights, causing global travel disruptions. The following is a list of the current status of flights by alphabetical order. AEGEAN AIRLINES The largest Greek airline has cancelled flights between?Thessaloniki and Tel Aviv up until June 26. Flights to Dubai and Erbil are cancelled until September 30, and flights from?Baghdad and?Baghdad?until August 31. AIRBALTIC AirBaltic, a Latvian airline, has canceled flights to Tel Aviv and Dubai...