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Boeing 777X engine damaged in shipping mishap before flight test

Bloomberg Boeing Co said one of the first revamped General Electric Co engines intended to power its 777X flight-test aircraft was damaged during a freak shipping accident last month. While the incident isn’t expected to create a new delay for the 777X, it does add to a string of mishaps to confound Boeing’s newest model. The 777X is already behind ...

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NJ Transit issues plea to help ease mega-mall traffic

Bloomberg New Jersey Transit issued an urgent appeal for private industry to help transport millions of people annually to a newly opened mega-mall just west of Manhattan. “It can’t take 10 years,” Diane Gutierrez-Scaccetti, New Jersey’s transportation commissioner and NJ Transit board chairwoman, told a meeting of potential private partners in East Rutherford. “Frankly it can’t take five.” American Dream, ...

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Sears to close 96 more stores citing ‘difficult’ environment

Bloomberg The owner of Sears and Kmart is closing almost a third of its remaining stores just months after buying the struggling retailer out of bankruptcy. Transform Holdco LLC’s shutdown of 96 locations will leave just 182 outlets for the company, which was once America’s biggest department store chain. The merchant “has faced a difficult retail environment and other challenges” ...

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