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Bombardier dumping puts new 737 at risk, says Boeing

Bloomberg Boeing Co. warned that its 737 Max 7 passenger jet may not survive if Bombardier Inc. continues to sell aircraft below fair-market value, as the two planemakers square off in a case that’s putting profits and diplomatic ties on the line. “Our Max 7 is at extreme risk,” Kevin McAllister, the head of Boeing’s commercial airplanes division, told a ...

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Atlanta airport blackout shows grid’s weakness

Bloomberg A sudden power failure at the world’s busiest airport that stranded thousands of passengers and snarled US holiday air traffic underscores the vulnerability of the nation’s grid. The 11-hour outage was caused by a fire in an underground electrical facility that also cut backup supplies to Hartsfield-Jackson Atlanta International Airport, said Southern Co.’s Georgia Power utility. Frustrated passengers were ...

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Hershey nears to $1.6bn deal to buy Austin-based Amplify Snack

Bloomberg Hershey Co. is near a $1.6 billion deal to buy Amplify Snack Brands Inc., according to CNBC, which cited unidentified sources familiar with the matter. The deal values Amplify at $12 a share, CNBC said, which would represent a 71 percent premium to Friday’s closing price of $7 a share. Amplify, based in Austin, Texas, has a market cap ...

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