Recent Posts

Amazon halted Fresh grocery store rollout

Bloomberg Amazon.com Inc. has paused expansion of its line of Amazon Fresh grocery stores as it evaluates how to make the chain stand out to shoppers, Chief Executive Officer Andy Jassy said. Amazon has owned Whole Foods Market since 2017, but in recent years much of its energy has been devoted to Amazon Fresh, a line of mainstream grocery stores ...

Read More »

Lufthansa, Air France-KLM in talks to buy UK carrier Flybe

Bloomberg Deutsche Lufthansa AG and Air France-KLM are in talks to buy bankrupt UK airline Flybe, the Telegraph reported, without saying where it obtained the information. Lufthansa and Air France-KLM are considering an offer because they are interested in Flybe’s seven pairs of take-off and landing slots at London’s Heathrow airport and five pairs of slots at Schiphol in Amsterdam, ...

Read More »

Boeing accused of violating 737 Max settlement with DOJ

Bloomberg Families of 737 Max crash victims say Boeing Co. violated terms of a 2021 deferred-prosecution agreement with the US government when the company pleaded not guilty in Texas last week to a fraud charge tied to its role in hiding flight-control flaws from regulators. In a motion filed in federal court, lawyers for the relatives claimed the aircraft maker’s ...

Read More »
Send this to a friend