U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world’s biggest shale field.
Walmart Inc said on Thursday it will begin several healthcare pilot programs for its U.S. employees starting Jan. 1 as it looks for ways to cut healthcare costs – one of the largest expenses for the retailer after wages.
Asian stocks skidded to a one-month low on Thursday after the United States opened a new front in its trade dispute with Europe by imposing tariffs, adding to already-growing market fears about global growth.
Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America’s largest economy.
Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America’s largest economy. “This is a particularly exciting moment for Amazon in Brazil,” Amazon’s international director for Alexa, Michele Butti, told journalists on Wednesday, adding the company has hired a local team to adapt Alexa to Portuguese language. …read more […]
Asian stocks skidded to a one-month low on Thursday after the United States opened a new front in its trade dispute with Europe by imposing tariffs, adding to already-growing market fears about global growth. Australian shares slumped 2.13% to a five-week low. U.S. stock futures were up 0.25%, but this did little to bolster sentiment after shares on Wall Street suffered their sharpest one-day decline in nearly six weeks on Wednesday, when the three major New York share indexes all lost more than 1.5%. …read more […]
A U.S. panel has asked Boeing Co to make an engineer available for an interview regarding an internal ethics complaint the engineer filed on the safety of the now-grounded 737 MAX jet.
A U.S. panel has asked Boeing Co to make an engineer available for an interview regarding an internal ethics complaint the engineer filed on the safety of the now-grounded 737 MAX jet. The engineer said in the complaint filed this year that during the development of the 737 MAX, Boeing had rejected a safety system to minimize costs, the New York Times had reported https://nyti.ms/2nOUo1J earlier. The engineer, who worked on cockpit instruments and controls, felt the safety system could have reduced risks that contributed to two fatal crashes that killed 346 people in Ethiopia and Indonesia, according …read more […]
Oil futures rebounded on Thursday, reversing losses earlier in the day, as fears over the worsening global economic outlook that hit prices hard in the previous session gave way to modest hopes for progress in resolving the U.S.-China trade war.
Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus plant in the state from the impact of tariffs against the European planemaker – at least for now.
A U.S. panel has asked Boeing Co to make a company engineer available for an interview regarding an internal ethics complaint the engineer filed that raised questions about Boeing’s safety culture, Bloomberg reported on Wednesday.
The engineer said in the complaint filed earlier this year that during the development of the 737 MAX jet, Boeing had rejected a safety system to minimize costs, the New York Times had reported earlier. The engineer felt the safety system could have reduced risks that contributed to two fatal crashes that killed 346 people, the NYT report had said. The chairman of the U.S. House Transportation and Infrastructure Committee, Peter DeFazio, said this added to his concern that production pressures may have impacted safety on the 737, according to Bloomberg. …read more […]
The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.
Asian stocks, already under pressure from growing global growth fears, tumbled on Thursday after New York markets slumped overnight because the United States opened a new trade war front by saying it will impose tariffs on $7.5 billion of goods from the European Union.
Pilots who were unable to save two separate commercial Boeing 737 Max airplanes from crashes that killed 346 people were exposed to a “high workload environment,” Boeing’s (BA) CEO Dennis Muilenburg said Wednesday during an address to the Economic Club of New York in Manhattan. …read more […]
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