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Air Canada removes 737 Max flights until 2020

Bloomberg Air Canada has removed the Boeing 737 Max from its schedule until January pending regulatory approvals, joining Southwest Airlines Co in scrapping plans for flights of the jetliner into 2020. Canada’s largest carrier said the grounded jets will reduce capacity and curb earnings growth in the third quarter, even as the company posted profit that beat analysts’ estimates for ...

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University of California sues top retailers over LED bulbs

Target corp. headquarters

Bloomberg The University of California is looking to halt imports of vintage-style LED light bulbs that are sold at five of the nation’s biggest retailers, including Walmart Inc, Target Corp and Amazon.com Inc. The University of California Santa Barbara says the retailers should be paying it royalties from sales of the bulbs. Bed Bath & Beyond Inc and Ikea of ...

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China is paying US tens of billions of dollars: Trump

China paying us tens of billions of dollars trump1 copy

Bloomberg US President Donald Trump said “things are going along very well with China,” and repeated his contention that Beijing is paying the US “Tens of Billions of Dollars” after successive rounds of import tariffs. This was “made possible by Chinese government’s monetary devaluations and their pumping in massive amounts of cash to keep their system going,” Trump said in ...

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