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Walmart pay hike brings ‘hourly wage’ to $16.40

Bloomberg Walmart Inc said it will raise wages for a swath of its US workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees amid a labour shortage. The raise of at least $1 per hour will start on September 25 and cover more than 565,000 workers, Walmart US Chief Executive Officer John Furner said ...

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Ethiopian aims to fly Max jet by January after Boeing deal

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Bloomberg Ethiopian Airlines Group plans to resume flights with the Boeing Co 737 Max jet by early next year after reaching an out-of-court settlement with the US planemaker over a deadly crash in March 2019. Chief Executive Officer Tewolde GebreMariam is now convinced “beyond reasonable doubt” the model is safe after various modifications. He had previously said Africa’s biggest carrier ...

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Malaysia lifts ban on Boeing 737 Max

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Bloomberg Malaysia lifted its ban on Boeing Co’s 737 Max jet, ending more than two years of grounding following two crashes involving the aircraft. The directive is applicable to local and foreign airlines operating commercial flights in Malaysia using the aircraft, the Civil Aviation Authority of Malaysia (CAAM) said in a statement. Malaysia’s decision comes after authorities in several countries ...

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