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NYC’s JFK Airport set for $9.5 billion Carlyle-backed redo

  Bloomberg New York Governor Kathy Hochul announced a $9.5 billion revamp of Terminal 1 at John F Kennedy International Airport, restarting the transformation of one of the busiest airports in the US as it works through pandemic delays. The funding infusion will create a new Terminal 1 on the current site of terminals 1, 2, and 3 at the ...

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Boeing, FAA whistle-blower safety risks detailed by Senate

  Bloomberg Whistle-blowers at Boeing Co and others involved with the aviation industry are raising renewed concerns about safety in the wake of the 737 Max crash investigations, according to a report. Senator Maria Cantwell, the Washington Democrat who is chairwoman of the Senate Commerce, Science and Transportation Committee, called on US aviation regulators to act on the latest concerns ...

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Ocado wins ruling in patent fight over robot warehouses

  Bloomberg Ocado Group Plc shares surged after the UK company won the first round in a patent-infringement case filed by rival AutoStore Holdings Ltd that has been hanging over the online grocery technology provider. Ocado shares rose as much as 9%, while Autostore dropped as much as 15%. Three AutoStore patents are invalid, while Ocado doesn’t infringe a fourth, ...

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