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November 17, 2019
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United Auto Workers union approves new labor deal with Ford

CNBC
The deal requires Ford to invest more than $6 billion in its U.S. manufacturing operations and create or retain 8,500 U.S. jobs, while also allowing the automaker to close an engine plant in Michigan. Source link: Click here for more
CNBC Business

Ford bets on Mustang’s reputation with Mexico-made Mach-E SUV

CNBC
Ford is betting the Mustang name will resonate with consumers and assist the Mach-E, which will be produced in Mexico, in standing out from other EVs. It’s a bold decision that could dilute the Mustang name and create political backlash. Source link: Click here for more
CNBC Business

Grab CEO says the company can go public ‘once we’re profitable’

CNBC
Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn’t go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab. Source link: Click here for more
CNBC Business

Federal court rules warrantless searches of international travelers’ electronics are unconstitutional

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A federal judge on Tuesday ruled that U.S. border agents need “reasonable suspicion” but not a warrant to search travelers’ smartphones and laptops at airports and other U.S. ports of entry. Source link: Click here for more
CNBC Business

After 737 Max crashes, FAA chief vows to examine how humans interact with automated aircraft systems

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The FAA’s chief said deeper exploration of how human pilots interact with ever-more automated aircraft is a priority. Source link: Click here for more
CNBC Business

Watch SpaceX launch another 60 Starlink satellites and attempt a new rocket landing record

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SpaceX is set to launch another 60 of its own internet satellites on Monday morning Source link: Click here for more
CNBC Business

Review: The 2020 Chevy Silverado HD is a decent truck, but Ford and Ram have it beat

CNBC
If you’ve always been a Chevy person and want a new truck, take solace in the fact that the new Silverados are markedly better than their predecessors in almost every way. But for everyone else, it’s a tough sell. Source link: Click here for more
CNBC Business

An investor’s guide to space, Wall Street’s next trillion-dollar industry

CNBC
This is your guide to investing in space right now, with insight on the top space companies from analysts and investors. Source link: Click here for more
CNBC Business

Southwest, American extend Boeing 737 Max cancellations until early March

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Southwest Airlines will remove all Boeing 737 Max planes from its flight schedule through March 6. Separately, American Airlines also announced after the bell Friday that it will continue its 737 Max cancellation through March 4. Source link: Click here for more
CNBC Business

BA owner IAG cuts medium-term capacity and profit forecasts

CNBC
British Airways owner IAG scaled back its forecast for capacity growth for the next three years, hitting its outlook for earnings per share but potentially providing relief for rivals in a weak global economy. Source link: Click here for more
Reuters - Business

Ride-hailing market revs up in Egypt

Reuters
CAIRO (Reuters) – Competition in Egypt’s ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber (UBER.N) to smaller local firms vie for a slice of the Middle East’s largest market. FILE PHOTO: The minarets of Sultan Hassan Mosque and the Al-Rifa’i Mosque are seen as...
CNBC Business

Electric cars may be powering ahead, but it will be a long way before they go mainstream

CNBC
Going electric will definitely change the future of travel. CNBC’s Nessa Anwar hits the streets to find out the challenges and opportunities in the electric vehicle space. Source link: Click here for more
CNBC Business

Consumers can’t get enough Bentley, Lamborghini and Rolls-Royce SUVs

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The Rolls-Royce Cullinan, Bentley Bentayga, Lamborghini Urus and Maserati Levante have all been triumphant successes. Aston Martin and even Ferrari are working on launching their own SUVs. Source link: Click here for more
CNBC Business

Lawmakers are pushing for Boeing’s CEO to resign over Max crashes but Wall Street says not so fast

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Lawmakers and family members pressed Boeing’s CEO to resign after two fatal crashes, but Muilenburg has so far resisted calls to step down. Source link: Click here for more
CNBC Business

More airports consider going off the grid as power outages ground flights

CNBC
Pittsburgh International Airport is creating a “microgrid” to fully power itself with its own onsite natural gas and solar energy. Recent power outages at airports make this even more desirable. Source link: Click here for more

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