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Boeing Hearing: Pilots Association's Reaction

Oct.29 — Dennis Tajer, spokesman of the Allied Pilots Association and an American Airlines captain, talks about Boeing Co. Chief Executive Officer Dennis Muilenburg’s appearance before Congress. The CEO declined to endorse specific reforms to bolster safety oversight of the aerospace giant. Tajer speaks with Sophie Kamaruddin and Rishaad Salamat on “Bloomberg Markets: Asia.” …read more […]

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PG&E Will Issue Shutoff Rebates to Customers: California Update

(Bloomberg) — Californians in the midst of another round of blackouts as some of the season’s strongest winds fan wildfires across the state. All told, PG&E Corp., Edison International and Sempra Energy may cut power to as many as 2.5 million people to prevent live power lines from toppling into dry brush.At least 10 large wildfires are already burning across the state. High winds this week have left more than 17 million people — almost half of California’s population — facing critical fire weather conditions, according to the U.S. Storm Prediction Center. Time stamps are New York time.PG&E Will Issue …read more […]

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Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices slipped on Wednesday, with U.S. crude falling for a third day after an industry report that stocks at the Cushing delivery hub for the benchmark rose last week, shrugging off a drop in overall inventories. Brent crude was down 15 cents, or 0.2%, at $61.44 a barrel by 0118 GMT after gaining 2 cents on Tuesday. U.S. West Texas Intermediate (WTI) crude was down 18 cents, or 0.3%, at $55.36 a barrel, having dropped 0.5% in the previous session. …read more […]