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Newark airport flight limits eased, could spur lower fares

NEWARK / AP The Federal Aviation Administration (FAA) has announced it’s easing limits on the number of hourly flights at Newark Liberty International Airport, and the airport’s operator said that should lead to greater competition and lower airfares. The limits at Newark Liberty, which serves the New York City region and is one of the busiest airports in the nation, ...

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KLM trials biofuel-powered flights between Amsterdam and Oslo

BERLIN / Reuters Dutch carrier KLM has launched the first in a series of 80 flights from Oslo to Amsterdam using a biofuels blend to power an Embraer E190 jet, in a boost for the biofuels industry that has been held back by weak oil prices. The flights will run over a period of five to six weeks and use ...

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Wal-Mart’s first-ever sales drop marks end of an era

Bloomberg Not every milestone is worth celebrating. For the first time ever — or at least since the company went public some 45 years ago — Walmart’s revenues shrank from the year before, according to its recently released annual financial filing. Walmart is clearly having trouble adapting its gigantic stores to the internet age. To be sure, it is a ...

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