Upscale Delta terminal opens at JFK Airport
NEW YORK - Delta opened a sprawling $1.4 billion terminal at John F. Kennedy Airport Friday, a facility more suitable to the high-paying passengers it is trying to attract. The 346,000-square-foot concourse offers upscale food and shopping options, increased seating and sweeping views of the airport.
It replaces a terminal built by Pan Am in 1960 that was once cutting-edge but had deteriorated, becoming an embarrassing way to welcome millions of visitors to the United States.
Kennedy Airport is still the primary gateway to the U.S. It welcomed 13.1 million inbound international passengers last year, more than any other American airport. And Delta carries more arriving international passengers to JFK than any other airline.
Schumer urges look at security in Sprint deal
NEW YORK - U.S. Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.
The New York Democrat sent letters Friday to the Treasury Department and the Federal Communications Commission, both of which are reviewing Softbank Corp.'s offer to buy 70 percent of Sprint Nextel Corp. for $20.1 billion.
Satellite TV broadcaster Dish Network Corp. has a competing, $25.5 billion offer for all of Sprint and has raised the security issue as one reason Sprint shareholders should prefer its bid.
Durable-goods orders rose in April, US says
WASHINGTON - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment, the Commerce Department said Friday. The gains suggest economic growth may be holding steady this spring.
China gives US regulators access to audit records
WASHINGTON - China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.
Boeing 787 flights from Japan to resume
TOKYO - Japan's All Nippon Airways, the launch customer for Boeing's 787 "Dreamliner," will resume commercial flights of the aircraft on Sunday, just more than four months after the jets were grounded due to smoldering batteries.
The Associated Press