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WeWork Has Talked With T-Mobile’s Legere in Search for New CEO

November 11, 2019 admin Comments Off on WeWork Has Talked With T-Mobile’s Legere in Search for New CEO

(Bloomberg) — WeWork is searching for a new chief executive officer to turn around the troubled co-working company, said people familiar with the matter. One of the candidates under consideration is John Legere, the head of T-Mobile US Inc. who has spoken with WeWork about the role, said the people, who asked not to be identified because the plans are private.Legere has deep ties to WeWork majority shareholder SoftBank, which took control of the company after WeWork’s initial public offering broke down. Legere is currently seeing through a contentious sale of his wireless carrier to Sprint Corp., whose majority owner …read more […]

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UPDATE 1-Smaller, thinner, less sweet snacks? Mondelez makes health drive

November 11, 2019 admin Comments Off on UPDATE 1-Smaller, thinner, less sweet snacks? Mondelez makes health drive

Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday. Under pressure from governments and health advocacy groups in recent years, chocolate companies including Mondelez and Nestle have raced to develop products with less sugar, in smaller pack sizes and with prominent portion suggestions. …read more […]

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Boeing says 737 MAX should resume commercial flights in January; shares jump

November 11, 2019 admin Comments Off on Boeing says 737 MAX should resume commercial flights in January; shares jump

Boeing Co on Monday said it expected U.S. regulators to approve the return to commercial service of its grounded 737 MAX jet in the coming weeks, and its shares jumped as investors grew more hopeful the planemaker had addressed software problems at the heart of two fatal crashes.

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UPDATE 1-Boeing now says it expects 737 MAX to resume commercial service in January

November 11, 2019 admin Comments Off on UPDATE 1-Boeing now says it expects 737 MAX to resume commercial service in January

Boeing Co said Monday it now expects its grounded 737 MAX to resume commercial service in January as it works to address questions from regulators over its documentation for revisions to the plane’s software. American Airlines and Southwest Airlines said Friday they were pushing back the resumption of flights because of the 737 MAX grounding until early March. Last week, Reuters reported that U.S. and European regulators had not been able to complete a software documentation audit in Cedar Rapids, Iowa of the 737 MAX because of significant gaps and substandard documents. …read more […]