American Airlines will resume filling planes to capacity starting July 1, the company announced Friday. “As more people continue to travel, customers may notice that flights are reserved at capacity starting July 1,” the airline said in a statement. “American will continue to notify customers and allow them to switch …
Read More »Amazon spends $ 1 billion on Zoox, will have to invest billions more
Blue Origin and Amazon founder Jeff Bezos. Mandel Ngan | AFP | fake pictures Amazon is spending more than $ 1 billion on driverless car company Zoox, one of its most expensive acquisitions. But CEO Jeff Bezos will have to invest many multiples to bring nascent technology to market. The …
Read More »GM requests withdrawal of judge from RICO lawsuit against Fiat Chrysler
Mary Barra, CEO of General Motors Co. (GM), left, and Sergio Marchionne, CEO of Fiat Chrysler Automobiles NV, center, listen during a press conference outside the White House after a meeting with the president of the United States, Donald Trump, without photo, in Washington, DC Andrew Harrer | Bloomberg | …
Read More »Intu Properties deals a new blow to the UK economy
Tens of thousands of jobs have already moved into the energy, banking, aviation and aerospace industries and many more are now at risk after Intu (INTU), one of the UK’s largest shopping mall owners, said Friday that he is entering administration. The company has debts of £ 4.5 billion ($ …
Read More »Facebook will ban hate speech in its ads
Facebook President and CEO Mark Zuckerberg testifies at a hearing for the House of Representatives Financial Services Committee in Washington on October 23, 2019. Erin Scott | Reuters Facebook CEO Mark Zuckerberg said Friday that the company will change its policies to ban hate speech in its ads. Under its …
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