Last year, I wrote that if Uncle Sam gets his way, we’d all be on no-fly lists, unless the government gives us permission to leave - or re-enter - the United States. That day has now arrived, but in addition to obtaining Big Brother’s permission to travel internationally, a final rule pursuant to the U.S. Transportation Security Administration’s “Secure Flight” initiative says we must now get it to travel from state-to-state.”

At some point in the future, you’ll need to reveal your name, gender, and date of birth when you make a domestic airline reservation. The airline will contact TSA to determine if you’re cleared to board. If you’re on any of TSA’s watchlists (which include such deceased “terrorists” as Saddam Hussein, along with live ones such as Sen. Edward Kennedy), you’ll need to provide an official document acceptable for federal identification purposes in order to travel.

Examples of acceptable

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For The Boeing Co. (BA), the strike may be over, but the fallout continues. Just days after resolving an eight-week strike by 27,000 unionized machinist workers, the Chicago-based aerospace giant announced that the job action will force it to delay the first test flight of its problem-plagued 787 Dreamliner passenger jet until next year.

Boeing was planning to make the inaugural flight of the next-generation jetliner – already delayed four times – during the fourth quarter. But company spokesman Jim Proulx said the strike – which started Sept. 6 and forced Boeing to temporarily shutter its commercial aircraft business – forced the firm to push the test flight into next year.

Boeing is conducting a special assessment to determine just how much the strike affected its production schedule. The company will revise the Dreamliner’s schedule – including a new date for that first test flight – based

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Raising Capital From Hedge FundsRaising Capital from Hedge Fund Managers | TipsOne of the top 5 questions I get via email now is "Can you help us raise capital from hedge fund managers for our _________." I have received inquiries asking for help raising capital for patent portfolios, real estate, land development, new hedge funds, software products, nanotechnology, wind farms and even a small airline company.Why is this happening? I believe it is because banks are drying up as a source of capital, hedge funds are being seen in the news more and more each day and HedgeFundBlogger.com has recently gained enough traffic to one of the top 3 sources of hedge fund information online.I will write more on this topic in the future but for now here are my top 3 tips for those looking to raise ...

That's what I'm left wondering when I read stories like this one, entitled "Bailout scope limited to ... virtually anything." Here's an excerpt ..."As the list of ailing companies seeking government help grows, it is anybody's guess where the Treasury Department's largesse will stop."The $700 billion bailout bill is so vague that virtually any U.S. company could be eligible for government help."While the capital infusions announced this month will be directed only to banks, Treasury spokeswoman Brookly McLaughlin confirmed the law allows the department to create other rescue programs "open to a broader set of financial institutions.""As the bill is written, "financial institutions" don't have to be banks or financial entities. In theory, any company could declare itself a financial institution and ask Treasury to grant it temporary aid if its rescue is deemed "necessary to promote financial market stability."

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Airline stocks are enjoying a sharp upswing today. The industry is recovering strongly as fuel prices tumble. And investors are also encouraged by the Delta (NYSE:DAL) and Northwest (NYSE:NWA) merger. But Andrew Snyder says this remains a high-risk sector for stock investors.

More from Today’s Financial News:

After nearly a decade of getting kicked around by the nation’s investors, airlines are finally starting to get some positive attention. More importantly, the barrens of the friendly skies are finally starting to look like profitable ventures.

Notice, however, that I “starting” to “look” like profitable ventures. As of last quarter, the only major airline to post a profit was AMR Corp. (NYSE:AMR), the owner of American Airlines. And its earnings were a mere pittance of total revenues.

All the rest, companies like Southwest Airlines (NYSE:LUV), Delta Air Lines (NYSE:DAL), and United Airlines (NYSE:UAUA), all lost significant

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Thursday October 30, 2008 Navivest

Delta Air Lines, Inc. (DAL) and Northwest Airlines, Inc. (NWA) completed their merger yesterday, after they got the go ahead from the justice department. The news that both companies were in merger talks first leaked on February 11, 2008.

Under the all-stock $2.6 billion dollar deal, Northwest Airlines (NWA) is now a wholly owned subsidiary of Delta. The merger creates the world’s largest airline.

Northwest Airlines (NWA) stockholders will receive 1.25 Delta (DAL) shares for each Northwest Airlines (NWA) share they own and based on Delta’s (DAL) closing stock price on Oct. 29, 2008, this exchange ratio works out to $9.99 for each Northwest Airlines (NWA) common share.

Tags: Northwest Airlines  Delta Airlines  Merger

 

‘Russia and metal stocks are toxic.’ Will the Russian film industry, amid rising production costs, survive the credit crunch? Major airline Krasnoyarsk Airlines has all but ceased operations due to debt issues. The Kremlin will bail out Russia’s construction companies by buying over $5 billion worth of new apartments, and says it is keeping careful tabs on the ruble, although it has just hit an 18-month low against the dollar, and analysts say that a devaluation is just a matter of time. Several restaurants and some sellers of consumer goods have reportedly stopped accepting credit cards in Moscow. Vladimir Putin has warned against taking ‘aggressive protectionist’ measures to deal with the crisis, and President Dmitry Medvedev signed into law a new set of measures to protect the banking sector last night. Barclays, the UK’s ...

Halliburton’s Slight Loss; “The Force” Boosts Hasbro; Better-Than-Expected Economic Outlook; Indian Airline Labor Reversal; NetFlix Earnings Pop; Home Prices to Fall Another 10%; Citi Wins Settlement; Merrill Cuts Jobs

Halliburton Co. (HAL) yesterday (Monday) announced a third quarter loss of $21 million, or 2 cents per share, compared to a gain of $727 million, or 79 cents a share, for the same period in the prior year. The Houston, Tex.-based oil and energy services firm attributed the loss to financing expenses including $693 million in costs related to the redemption of convertible bonds, Bloomberg News reported. Toymaker Hasbro Inc. (HAS) posted a gain of $138.2 million, or 89 cents a share, for its fiscal third quarter, compared with a profit of $161.6 million, or 95 cents per share, which included a tax benefit of 17 cents per share for the same period in 2007. ...

Southwest Airlines Co. (LUV) has always been extremely proud of its string of profitable quarters, which began in the spring of 1991, and traversed a major recession and the massive drop-off in air travel that followed the 2001 terrorist attacks. But when the much-admired carrier bet that oil prices would continue their record climb – and they plummeted instead – the Dallas-based Southwest was forced to report its first quarterly loss in 17 years. Southwest today (Thursday) reported a net loss of $120 million, or 16 cents per share, for the third quarter, down from a net gain of $162 million, or 22 cents per share, for the same period the year prior. Despite the loss, the airline’s shares were up 48 cents each, or 4.15%, to trade at $12.04 at 11:54 a.m. in New York – even though the Dow Jones ...

Large Hedge FundsLarge Hedge Funds See Assets MoveUnfortunately with current rules against hedge fund marketing or certain types of performance related announcements many hedge funds cannot report on their performance and this sometimes leads to a misunderstanding in their overall success or failure. There have been numerous reports within mainstream media regarding the performance of large hedge funds. The most notable stories have focused on the multi-billion dollar funds ran by some of the most well known professionals in the industry. Many of these funds get tagged within articles as having -25% performance, - 40% performance, etc. While this may very well be true within a few of their funds many of these large managers run 8-10 portfolios, all with $250M+ in assets. Many are able to weather these ...