Ethiopian Airlines CEO sees ‘clear similarities’ between crashed 737 MAX jets: Xinhua
The crashed Boeing Co 737 MAX jets in Ethiopia and Indonesia appear to have a common connection, Ethiopian Airlines Group Chief Executive Officer Tewolde Gebremariam told China’s state news agency Xinhua on Friday.
NY’s Con Ed sticking with moratorium on new natural gas service in Westchester
New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.
Russian metals tycoon Deripaska sues U.S. over sanctions
Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on him and made him the “latest victim” in the U.S. probe into Moscow’s alleged election interference.
PwC to pay $335 million over failed audits of Alabama’s Colonial Bank: U.S. regulator
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial…
Volkswagen supervisory board condemns CEO’s ‘EBIT macht frei’ remark
Volkswagen’s supervisory board on Friday condemned remarks made by the company’s chief executive after he appeared to allude to a Nazi-era slogan when he attempted to describe the carmaker’s earnings potential.
Deripaska says he sued U.S. to stop destruction of his life’s work
Russian businessman Oleg Deripaska said on Friday he had launched a lawsuit to try and force the United States to lift sanctions on his companies because he did not want his life’s work to be destroyed.
Russia’s Deripaska sues U.S. over sanctions: court filing
Russian tycoon Oleg Deripaska sued the United States on Friday, alleging that it had overstepped its legal bounds in imposing sanctions on his companies and made him the “latest victim” in the U.S. probe into Moscow’s alleged political interference.
Tech shares, trade optimism push Wall Street higher
Wall Street’s main indexes hit session highs on Friday, in broad based gains led by technology stocks, as sentiment was lifted by an upbeat note in trade talks between the United States and China.
U.S. regulators want public’s view on cars with no steering wheel, brakes
U.S. regulators will ask the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design in the world’s second largest vehicle market.
Shocked aviation world awaits Boeing black box probe in France
Investigators in France on Friday examined the black boxes of a Boeing 737 MAX that crashed in Ethiopia as the global airline industry waited to see if the cause was similar to a disaster in Indonesia months before.
