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December 11, 2019
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Reuters - Business

FAA probes Boeing 737 MAX production, ex-manager warns of ‘a factory in chaos’

Reuters
WASHINGTON/SEATTLE (Reuters) – The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues at Boeing Co’s 737 MAX factory after an ex-manager warned that schedule pressure and worker fatigue were raising safety risks. The manager, Ed Pierson, drew a link between faulty Angle of Attack sensors in...
Reuters - Business

Argo takes different road to skirt self-driving challenges

Reuters
PITTSBURGH/DETROIT (Reuters) – Sky’s the limit optimism about self-driving cars is giving way to tougher questions about how expensive automotive artificial intelligence will ever make a profit. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City,...
Reuters - Business

Self-driving car firms rooted in U.S. government competition

Reuters
FILE PHOTO: Ford President and CEO Jim Hackett (R) and Volkswagen AG CEO Dr. Herbert Diess (L) pose together with Bryan Salesky, chief executive officer and co-founder of Argo AI LLC at a news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar/File Photo (Reuters) –...
Reuters - Business

Factbox: Self-driving partnerships proliferate – Reuters

Reuters
(Reuters) – Alliances and partnerships involving development and deployment of autonomous vehicles continue to mushroom. FILE PHOTO: An Argo Ai self driving prototype vehicle is seen outside a Ford and Volkswagen joint news conference in New York City, New York, U.S., July 12, 2019. REUTERS/Mike Segar/File Photo Nearly every major...
Reuters - Business

Boeing deliveries halved in first 11 months of 2019

Reuters
(Reuters) – Boeing Co (BA.N) delivered less than half as many planes in the first 11 months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets. FILE PHOTO: A Boeing...
Reuters - Business

Former Boeing employee who warned about 737 problems will testify at hearing

Reuters
WASHINGTON (Reuters) – A former Boeing Co (BA.N) employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in...
Reuters - Business

Former Boeing employee, FAA officials to testify at 737 MAX hearing

Reuters
WASHINGTON (Reuters) – A former Boeing co (BA.N) employee who raised concerns about 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration review of the grounded 737 MAX. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked at Boeing Field in Seattle,...
Reuters - Business

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes

Reuters
WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co, alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes. FILE PHOTO: Boeing employees work on the tail of a Boeing 737...
Reuters - Business

U.S. lawmaker says Uber must take action after disclosing sexual assault reports

Reuters
WASHINGTON (Reuters) – The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year. An Uber car in New...
Reuters - Business

Indonesia fines Garuda after CEO fired over smuggled Harley Davidson

Reuters
JAKARTA (Reuters) – Indonesia will fine flag carrier PT Garuda Indonesia (GIAA.JK) for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorcycle onboard a new plane, state news agency Antara cited the transport minister as saying. Evidences of Harley Davidson and Brompton bicycle, which...
Reuters - Business

Uber says it received over 3,000 reports of sexual assault in U.S. in 2018

Reuters
(Reuters) – Ride-hailing firm Uber Technologies Inc said it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year, in a report aimed at ensuring drivers and the public it was serious about safety. FILE PHOTO: The Uber logo is displayed...
Reuters - Business

United Airlines picks Scott Kirby to replace Oscar Munoz as CEO

Reuters
(Reuters) – United Airlines Holdings Inc (UAL.O) on Thursday named insider Scott Kirby as its chief executive officer to succeed Oscar Munoz, who will take the role of executive chairman in May 2020. FILE PHOTO: United Airlines president Scott Kirby speaks at O’Hare International Airport in Chicago, Illinois, U.S., June...
Reuters - Business

Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Reuters
FILE PHOTO: Bombardier’s Global 7500, the first business jet to have a queen-sized bed and hot shower, is shown during a media tour in Montreal, Quebec, Canada, December 19, 2018. Picture taken December 19, 2018. REUTERS/Christinne Muschi/File Photo (Reuters) – Canada’s Bombardier (BBDb.TO) will hit its 2019 delivery targets for...
Reuters - Business

Ryanair CEO denies accusation of bullying former operations chief

Reuters
DUBLIN (Reuters) – Ryanair (RYA.I) chief executive Michael O’Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver. Ryanair’s Michael O’Leary walks at the Four Courts in Dublin after...
Reuters - Business

Trump says trade talks with China going ‘very well’

Reuters
U.S. President Donald Trump attends the NATO leaders summit in Watford, Britain December 4, 2019. REUTERS/Toby Melville WATFORD, England (Reuters) – U.S. President Donald Trump said on Wednesday that trade talks with China were going “very well,” sounding more positive than on Tuesday when he said a trade deal might...
Reuters - Business

Amazon Air provider hit with ‘no confidence’ vote as holiday shipping ramps up

Reuters
(Reuters) – ABX Air pilots who fly for Amazon.com Inc and other clients cast a near-unanimous vote of “no confidence” against company management as the holiday shipping season, which depends on airplanes for fast delivery, takes off. FILE PHOTO: The logo of Amazon is seen at their new Amazon warehouse...
Reuters - Business

Proper U.S.-China trade deal more important than timing: Wilbur Ross

Reuters
(Reuters) – U.S. Commerce Secretary Wilbur Ross on Tuesday said it was more important to get a proper trade agreement with China than to get the deal done by this December or next December – after the 2020 presidential election. Ross told Reuters in an interview that the world’s two...
Reuters - Business

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

Reuters
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder’s headquarters of Airbus in Colomiers near Toulouse, France, November 15, 2019. REUTERS/Regis Duvignau WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it saw no basis in Monday’s World Trade Organization report that would justify reducing...
Reuters - Business

U.S. may increase tariffs after WTO rejects EU claims over Airbus

Reuters
PARIS/BRUSSELS (Reuters) – The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus (AIR.PA), prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods. Christian Scherer, Airbus Chief Commercial Officer, speaks during a...
Reuters - Business

Italy set to grant funds to keep Alitalia afloat: source

Reuters
ROME (Reuters) – Italy is set to free up funds for loss-making airline Alitalia on Monday as Rome struggles to find investors to keep it afloat, a political source told Reuters. FILE PHOTO: An Alitalia Airbus A321-100 plane carrying Pope Francis for one-day visit to Geneva takes off at the...

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