Ethiopia crash pilot had in-plane issues, victims mourned
The Ethiopian Airlines pilot whose jet crashed killing 157 people had reported internal control problems, the firm said on Wednesday, as it prepared to send the black boxes to Europe from a disaster that has rocked the global aviation industry.
UAW leader puts Detroit Three ‘on notice’ ahead of contract talks
The leader of the United Auto Workers union on Wednesday warned that job security and preventing the shift of U.S. jobs to Mexico would be top priorities in contract talks with Detroit’s automakers slated for later this year.
German minister fears excluding Huawei could hurt economy
Excluding China’s Huawei from participating in the construction of Germany’s 5G next-generation mobile network could hurt Europe’s largest economy, Interior Minister Horst Seehofer said on Wednesday.
Purdue Pharma CEO says company considering bankruptcy: Washington Post
Purdue Pharma’s Chief Executive Officer Craig Landau said the company is considering bankruptcy, the Washington Post reported on Wednesday, as the OxyContin maker faces a slew of lawsuits alleging the drugmaker contributed to opioid epidemic sweeping t…
VW halts truck unit IPO until market conditions improve
Volkswagen said on Wednesday it would halt preparations for an initial public offering (IPO) of its trucks unit Traton until market conditions improve, stalling what was expected to be Germany’s biggest share offering this year.
Renault strips Ghosn loyalist of executive role
Renault has sidelined a senior executive close to Carlos Ghosn, as the French carmaker and its Japanese affiliate Nissan continue to overhaul management in the wake of the financial scandal engulfing their former chairman.
U.S. core capital goods orders rebound; inflation muted
New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, but the trend in both measures of business spending on equipment remained soft, leaving forecasts for weak first-quarter economic growth intac…
Ukraine suspends flights of two Boeing 737 models
Ukraine has suspended all flights by Boeing’s 737-8 and 737-9 MAX aircraft following Sunday’s deadly plane crash in Ethiopia, Ukraine’s aviation authority said on Wednesday.
Southwest pilots stand by 737 MAX despite Canada ban
The Southwest Airlines pilots union said on Wednesday that it remained confident in Boeing Co’s 737 MAX even after Canada became the latest country to ground the jet.
Black boxes from Ethiopia crash to be sent to Germany: Ethiopian Airlines spokesman
The black boxes from a Boeing 737 MAX 8 plane that crashed in Ethiopia on Sunday, killing 157 people, will be sent to Germany for analysis, an Ethiopian Airlines spokesman said.
