Business

WASHINGTON (Reuters) – Southwest Airlines Co (LUV.N) said on Thursday it is extending cancellations of Boeing Co (BA.N) 737 MAX flights until June 6, citing the planemaker’s decision to recommend pilot simulator training before resuming flights and uncertainty about when regulators will approve their return to service. FILE PHOTO: A number of grounded Southwest Airlines
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WASHINGTON (Reuters) – The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted the “Phase 1” agreement as
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FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann TOKYO/PARIS (Reuters) – French carmaker Renault (RENA.PA) and Japanese partner Nissan Motor (7201.T) said their alliance was in no danger of being dissolved, denying a media report of
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WASHINGTON (Reuters) – Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. The messages, disclosed on Thursday, show attempts to duck regulatory scrutiny with employees disparaging the
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(Reuters) – Boeing Co’s (BA.N) ousted chief executive officer, Dennis Muilenburg, stands to receive $62 million in long-term incentive, stock awards and pension benefits, but forfeited $14.6 million and will receive no severance, the planemaker said in a regulatory filing on Friday. FILE PHOTO: Boeing Chief Executive Dennis Muilenburg testifies before a Senate Commerce, Science
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BEIRUT/TOKYO (Reuters) – Carlos Ghosn’s lawyer said he was “very comfortable” with legal proceedings in Lebanon on Thursday, after the fugitive ex-Nissan boss was questioned over an extradition request from Japan where he faces financial misappropriation charges. Ghosn fled Japan to Lebanon, his childhood home, last month as he awaited trial on charges of under-reporting
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