American Airlines extends Boeing 737 MAX cancellations for fourth time
American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co 737 MAX jets.
India says Deloitte misreading law in challenging government’s call for ban
India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as the firm seeks to avoid a five-year ban on new business, according to legal documents reviewed by Reute…
Amazon plans to open new warehouse, create 2,800 jobs in Germany
U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States.
Lufthansa CEO sees no ‘Greta Effect’ on passenger numbers
German airline Lufthansa expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public support for teenage climate activist Greta Thunberg might be curbing air travel.
Huawei plans extensive layoffs at its U.S. operations: WSJ
Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its U.S. blacklisting, the Wall Street Journal reported, citing people familiar with the matter.
Exclusive: Barneys New York explores options that include bankruptcy – sources
U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.
Exclusive: Department store Barneys New York explores bankruptcy – sources
U.S. luxury department store Barneys New York Inc is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.
Exclusive: Department store Barneys New York Inc explores bankruptcy – sources
Luxury department store Barneys New York Inc is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.
Trump administration freezing fuel efficiency penalties
The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements.
Lockheed Martin plans to expand Milwaukee plant workforce by 15%
Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its approximately 300-person Milwaukee facility by more than 15% this year.