Boeing working to settle Max 737 crash cases Via Just The News: Boeing is now one step closer to reaching settlements over two fatal plane crashes involving its Max 737 airliner. The latest development came Wednesday as the company filed court documents in Chicago accepting responsibility for the fatal crash of Ethiopian Airlines Flight 302 in March 2019. The plane lost control and crashed into an open field about 40 […]
Feds to hold first oil-and-gas land lease sale after Biden’s court loss Via Just The News: The Biden administration will hold its first oil-and-gas land lease sale Wednesday morning after Louisiana Attorney General Jeff Landry sued to overturn a federal moratorium in June. The Bureau of Ocean Energy Management (BOEM), an agency within the U.S. Department of the Interior, will livestream Lease Sale 257 from New Orleans. The sale will […]
Southwest offers staff extra pay, frequent flyer miles to avoid holiday travel disruptions Via CNBC.com: Southwest Airlines on Saturday offered its flight attendants new incentives aimed at avoiding more flight cancellations, particularly over the peak holiday period, amid concerns over staffing, according to an internal memo. Southwest canceled more than 2,000 flights around Columbus Day weekend, disruptions the air carrier said cost it $75 million. American Airlines, which is also […]
Trump reportedly reaches a $375 million deal to sell Trump International Hotel in D.C. Via CNBC.com: Former President Donald Trump’s family hotel company has reached a deal to sell the rights to its Washington, D.C., hotel for $375 million, The Wall Street Journal reported on Sunday, citing people familiar with the matter. Miami-based investment firm CGI Merchant Group is in contract to acquire the lease, the Journal said. The Trump […]
Vaccine mandate could drive truckers off the road, worsen supply chain crisis, industry warns Via Just The News: Fearful that the Biden administration's private sector vaccine mandate could force commercial truckers off the road and exacerbate disruptions to an already backlogged supply chain, the U.S. trucking industry is demanding an exemption for drivers, amid signs their concerns are being heeded by officials. "The U.S. is already facing unprecedented supply chain […]
American Airlines delays employee vaccine mandate deadline until 2022 after Biden postpones deadline Via CNBC.com: American Airlines is delaying the implementation of rules that require all staff to be vaccinated against Covid-19 until Jan. 4, hours after the Biden administration postponed its deadline for federal contractors to meet the requirements. Previously, American Airlines’ more than 100,000 mainline employees had to receive their last Covid vaccine shot by Nov. 24, if […]
Peloton shares fall 25% as company posts wider-than-expected loss and slashes full-year outlook Via CNBC.com: Peloton shares tumbled more than 25% on Thursday, after the company reported weakening sales growth and a wider-than-expected loss in its fiscal first quarter. The company slashed its outlook for the full fiscal year amid softened demand for its exercise equipment and ongoing supply chain challenges. More consumers are opting to return to gyms such as […]
Pfizer says its Covid pill with HIV drug cuts the risk of hospitalization or death by 89% Via CNBC.com: Pfizer said Friday that its easy-to-administer Covid-19 pill, used in combination with a widely used HIV drug, cut the risk of hospitalization or death by 89% in high-risk adults who’ve been exposed to the virus. It’s now the second antiviral pill behind Merck’s to demonstrate strong effectiveness for treating Covid at […]
Ford to impose Covid vaccine mandate on most of its 32,000 salaried workers Via CNBC.com: Ford Motor will require U.S. salaried employees to be vaccinated by Dec. 8 or face unpaid leave, CNBC has learned. The automaker on Tuesday sent out a message to Ford’s roughly 32,000 salaried employees about the mandate. Ford will consider religious and medical exemptions for employees who can’t get the vaccines, according to company spokeswoman […]
