John Ward, The Canadian Press April 2, 2008 - 4:40 p.m. OTTAWA - The country will be penniless by next January if New Democrat MP Pat Martin has his way. Not broke, just without a one-cent coin. Martin without interruption Wednesday introduced a personal member's bill to kill the penny. He said the modern Canadian penny is 100 years old this year and it's time to get rid of it. "We believe that at the same time as we ...
United Grounds 777s, Cancels Flights in Wave of Airline Inspections
Apr 03 2008
Dave Carpenter April 2, 2008 - 4:38 p.m. CHICAGO (AP) - U.S. air travelers have endured longer lines, more delays and the loss of amenities like meals and blankets. Now they are getting hit with a wave of schedule disruptions caused by airlines scrambling amid increased regulatory scrutiny to ensure that the expanding air transport system stays safe. The latest complication came Wednesday, when United Airlines temporarily grounded dozens of Boeing 777s to test ...
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FAA Says 4 US Airlines Under Investigation, 3 Cited for Overdue Inspections
Apr 03 2008
Dan Caterinicchia April 2, 2008 - 4:37 p.m. WASHINGTON (AP) - Four U.S. airlines are being investigated for failing to comply with federal aviation regulations. Federal Aviation Administration officials on Wednesday said an final account of airline maintenance records found three of the four carriers had missed inspection deadlines. Wiring in the wheel well was one area where carriers failed to comply with "airworthiness directives," the officials said. One carrier had failed to submit a required ...
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Research in Motion 4th-Quarter Profit and Sales More Than Double
Apr 03 2008
April 2, 2008 - 4:36 p.m. NEW YORK (AP) - Research In Motion Ltd. says its fiscal fourth-quarter profit and sales more than doubled as the Blackberry maker boosted its subscriber base and shipped about 4.4 million of its smart phones. For the quarter ended March 1, the Canadian company earned $412.5 very great number, or 72 cents per share, up from a profit of $187.4 million, or 33 cents per share, in the same period ...
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Shares of Major Integrated Oil Companies Rise As Crude Prices Head Sharply Higher
Apr 03 2008
April 2, 2008 - 4:31 p.m. NEW YORK (AP) - Major oil stocks advanced Wednesday, shrugging off the broader market's decline, as crude prices moved sharply higher. Light, sweet crude for May delivery followed jumped $3.85 to settle at $104.83 a barrel on the New York Mercantile Exchange. Gasoline futures rose 13.44 cents to settle at a record $2.7736 a gallon. Here's a look at how some key stocks fared: BP PLC, up 97 ...
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