Aerospace and transportation highlights to 09:10 GMT

Aerospace and transportation highlights to 09:10 GMT

	Published : Sat, 27 Jan 2007 10:27 By : Agencies Print this Story

2007-01-27 04:39:53

Qualcomm's business model attacked

SAN DIEGO (AFX) - Since taking the helm at Qualcomm Inc. in 2005, Paul

Jacobs has tried to persuade anyone who would listen that his company is not run

by greedy lawyers bent on squeezing customers for money it doesn't deserve. Even

if he's right, there's little doubt that lawyers are pretty crucial at Qualcomm

these days.

2007-01-26 23:39:13

Business Highlights

WASHINGTON (AFX) - New home sales fell in 2006 by the largest amount in 16

years, but they were up for a second straight month in December, raising hopes

that the worst of the housing downturn is coming to an end.

2007-01-26 23:38:12

Feds ban excessive railroad fuel fees

WASHINGTON (AFX) - Federal regulators on Friday banned excessive fuel

surcharges by railroads and imposed strict rules on the fees that many companies

this week credited with bolstering their quarterly earnings, though the savings

were unlikely to trickle down to consumers.

2007-01-26 23:17:27

General Motors and Ford at a glance

restructuring spectrum, and many industry analysts say GM is farther down the

path to recovery:

THE NUMBERS: Ford this week reported a $12.7 billion net loss for 2006, the

worst in its history. GM delayed its earnings release due to accounting errors

but lost $3 billion during the first nine months of last year.

2007-01-26 23:06:03

GAO cites progress in railroad oversight

WASHINGTON (AFX) - Federal railroad officials have made progress toward

identifying the most dangerous parts of the nation's rail system in the wake of

several accidents, but more work needs to be done to evaluate the effectiveness

of that effort, the investigative arm of Congress said Friday.

2007-01-26 23:02:56

Union Pacific 4Q earnings up 64 percent

OMAHA, Neb. (AFX) - Union Pacific Corp.'s 64 percent jump in

fourth-quarter profit may have pleased investors, but it didn't definitively

settle the question of which railroad is the nation's largest.