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Boeing finds new flaws on grounded 737 Max

Bloomberg Boeing Co has identified two new software problems with the grounded 737 Max that must be fixed before the jetliner can carry passengers again. The issues involve the flight-control computer and don’t affect the plane’s estimated return to service in mid-2020, Boeing said. The Max’s software has been undergoing a redesign after being linked to two fatal crashes that ...

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Macy’s CFO Paula Price steps down

Bloomberg Macy’s Inc, in the middle of navigating a broad US shutdown of nonessential businesses, said that Chief Financial Officer Paula Price is leaving her role. Price, who has been in the position for less than two years, “has made the decision to leave the company as of May 31,” the department-store operator said in a statement. She will remain ...

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Low-cost carriers get break on ‘flight rule’

Bloomberg The federal government ordered airlines accepting financial aid to maintain minimal service levels to cities they served before the Covid-19 pandemic ravaged the transportation system, but made adjustments for low-cost carriers and those that fly to some destinations only part of the year. The US Department of Transportation eased some requirements it made in a proposal after airlines and ...

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