Feb 25- Ride-hailing services are increasing carbon emissions, with such trips creating more pollution than comparable private car rides and drawing passengers away from public transportation, according to a study released on Tuesday that examined the impact on seven U.S. cities. The report by the Union of Concerned Scientists, a non-profit advocacy group,...
*Planes to be delivered in business year starting April 2022. SEATTLE/ TOKYO, Feb 25- Japan's ANA Holdings Inc will buy 15 Boeing Co 787 Dreamliners worth $5 billion at list prices, it said, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX. The deal, which sees Japan's biggest carrier...
SEATTLE, Feb 25- Amazon.com Inc is bringing its cashier-less store technology to a larger stage. The world's biggest online retailer on Tuesday is set to open' Amazon Go Grocery,' a store in Seattle's Capitol Hill with four times the shopping space as the first cashier-less location it opened to the public in January 2018. The new format reflects Amazon's...
*Planes to be delivered in business year starting April 2022. SEATTLE/ TOKYO, Feb 25- ANA Holdings Inc said it will buy 15 more Boeing Co 787 Dreamliners worth $5 billion at list prices, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX. The first delivery will be in the business year...
SEATTLE, Feb 24- Boeing Co is close to a deal to supply more 787 Dreamliners to Japan's ANA Holdings Inc in what would be the U.S. planemaker's first commercial order announcement so far this year, industry sources said. The deal for the General Electric-powered aircraft is a boost for the U.S. planemaker after it posted no January orders for the first time in...
Feb 24- Expedia Group Inc said on Monday it would cut about 3,000 or 12% of its workforce as part of a plan to streamline its business. The online travel services company had 25,400 employees globally as of Dec. 31. The job cuts include 500 people in its headquarters in Seattle, a company spokeswoman said in a statement.
The FAA did not immediately comment. In September, OSC said the FAA appeared to have been "misleading in their portrayal of FAA employee training and competency" in providing Congress information about some safety inspectors who were involved in assessing training requirements for the Boeing 737 MAX. The FAA said in September that all of "the Aviation Safety...
SEATTLE, Feb 24- Insiders note an "eerie" calm at Boeing Co's 737 MAX factory, formerly a bustling hub that has helped fuel the aviation industry's record growth over the last two decades. Weeks after halting production of the 737 MAX, which has been grounded for almost a year over fatal crashes, Boeing is seizing on the lull to conduct an overhaul at its Seattle- area...
Joe Biden, the former vice president, appeared headed to a badly needed second-place finish in Nevada after poor showings earlier this month in the first two nominating contests in the Democratic presidential race ahead of the Nov. 3 election. For Biden and other moderates who argue Sanders is too liberal to beat Trump and who have been trying to blunt his...
SEATTLE, Feb 19- Washington state lawmakers moved on Wednesday to remove a key tax break for Boeing Co and other aerospace firms in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies. The United States last week toughened its own tariffs on aircraft built by Boeing's arch-rival, Europe's...
Revenue from the company's home unit, which accounts for more than half of its revenue, ballooned to $603.2 million in the fourth quarter ended Dec. 31 from $41.3 million a year earlier. Revenue surged to $943.9 million from $365.3 million, beating analysts' estimates of $815.3 million, according to IBES data from Refinitiv. Net loss, however, widened to $101.2...
SEATTLE, Feb 19- Washington state lawmakers must act on a tax incentive awarded to Boeing Co years ago in order to address an ongoing dispute over aircraft subsidies brought before the World Trade Organization, and to avoid retaliatory tariffs, Governor Jay Inslee said on Wednesday. "Boeing has said it would like that tax incentive at least suspended, until the...
NEW YORK, Feb 17- Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change, he said on Monday. The Bezos Earth Fund will begin issuing grants this summer as part of the initiative. Counteracting climate change has...
The World Trade Organization has found the world's two largest planemakers received billions of dollars of unfair subsidies in a pair of cases dating back to 2004 and is expected to allow both sides to impose tariffs, starting with the United States. The U.S. seeks talks with the EU and Airbus host nations Britain, France, Germany and Spain over alleged unfair...
CHICAGO, Feb 13- American Airlines Group Inc said on Thursday it would launch its first direct U.S. flight to Bangalore from Seattle, a new route meant to meet corporate customers' demand for travel to the center of India's high-tech industry. Alaska Airlines is one of the biggest operators of flights along the West Coast, where businesses from Seattle to San Diego...
CHICAGO, Feb 12- Boeing Co is unlikely, for several years, to hit the monthly 57- unit production rate it had targeted for the 737 MAX preceding the grounding of the jet due to delays in regulatory approval, Chief Financial Officer Greg Smith said on Wednesday. Boeing was building 52 MAX aircraft per month before the plane was grounded last March following two fatal...
SINGAPORE, Feb 12- The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday. The world's biggest manufacturer of freighter aircraft had previously forecast air freight would grow by 1% to 2% this year due in part to the United States and China...
Feb 11- Boeing Co scored no new orders for airplanes last month, the first time it has come up empty-handed in January since 1962, as the U.S. planemaker's once best-selling jet, the 737 MAX, remained grounded following two fatal crashes. Most airline customers are avoiding placing fresh orders for the 737 MAX until the aircraft is cleared by regulators to fly...
NEW YORK, Feb 10- Saks Fifth Avenue owner Hudson's Bay Co on Monday named a president to lead its off-price business, known as Saks Off 5th, the latest example of a department store chain trying to bolster its outlet stores. Until now, the discount apparel unit Off 5th was run by the president of the main Saks Fifth Avenue chain. Under the watch of Saks Fifth Avenue...
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