Southwest Airlines Co, the world’s largest operator of the Boeing Co 737 MAX 8 with 34 jets, said on Wednesday it is waiving any fare-difference charges for customers who wish to switch to another aircraft.
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 the United States.
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.
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.
Canada on Wednesday became the latest nation to ground Boeing 737 MAX aircraft, citing potential safety concerns after an Ethiopian Airlines Boeing MAX crashed on Sunday killing 157 people.
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.
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 intact.
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.
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.
Travel website Kayak is making changes to let customers exclude specific aircraft types from searches, and booking sites are looking to reroute passengers, after an unexplained Boeing jet crash that killed 157 people in Ethiopia.
Saudi Arabia does not have Boeing 737 MAX planes in its own aircraft registry, a spokesman for the kingdom’s civil aviation authority said in a statement on Wednesday.
A global oil surplus is allowing the United States to accelerate its plan of bringing Iranian crude exports to zero, a U.S. State Department official said on Wednesday.
Volkswagen said on Wednesday it would halt preparations for an initial public offering (IPO) of its trucks unit Traton until market conditions improve.
Insys Therapeutics Inc said on Wednesday its auditor raised doubts on the drugmaker’s ability to continue as a going concern, sending its shares down 13 percent.
Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.
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