United stock pummelled after false report of bankruptcy filing
What started as an innocent search for recent bankruptcy filings by a journalist caused United Airlines’ shares to plummet 76 percent to $3 a share on Monday before NASDAQ halted trading just before 11:07 a.m.
Newark slot auction test facing stiff opposition and getting support
The pending auctions by the FAA slots at Newark is raising the hackles of the Air Transport Association, the New York Port Authority and the normal gaggle of members of Congress who are experts at saying no, without any suggested short-term solutions to the problems of crowded NYC airspace and perpetual delays.