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US needs bold jobs plan, not a patchwork bailout

Millions are unemployed, public budgets are falling apart, the economy is struggling, and the Covid-19 epidemic is raging anew — and most of the $2.7 trillion floor Congress put beneath that misery will soon be gone. So Congress and the White House are back at the drawing board. Formal bailout packages haven’t surfaced, but policy makers are saying the right ...

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Travel flop undercuts 737 Max return

Boeing Co’s 737 Max may be on track to finally return to commercial service later this year, but the plane’s biggest customer isn’t eager for fresh deliveries. Southwest Airlines Co doesn’t expect to take any new Max jets this year, Chief Executive Officer Gary Kelly said in an interview with Bloomberg News. The airline had previously said it would add ...

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Tesla’s $200b question remains unanswered

You know Tesla Inc is maturing as a carmaker when it manages to be slightly dull. The earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company has added an astonishing $200 billion to its already ample market capitalisation since the end of March. Confirmation that Tesla will add a ...

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