An airline employee passes through the empty terminals of American Airlines at Washington’s Ronald Reagan National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned some 25,000 front-line employees, about 20% of its workforce, of possible licenses, the latest airline to prepare staff for …
Read More »Virgin Galactic changes CEO, bringing Michael Colglazier from Disney
Virgin Galactic space chief George Whitesides, left, and CEO Michael Colglazier. galactic virgin Virgin Galactic announced Wednesday that George Whitesides would step aside as CEO, and the space tourism company will appoint former Disney executive Michael Colglazier. Whitesides will remain with the company in a new role, serving as its …
Read More »Fiat Chrysler and PSA Group rename recently merged carmaker ‘Stellantis’
PSA CEO Carlos Tavares and FCA CEO Mike Manley shake hands after signing a combined agreement that will lead to the creation of the world’s fourth-largest automaker in terms of annual sales (8.7 million vehicles). FCA Fiat Chrysler and French automaker PSA Group plan to name their newly merged company …
Read More »Massachusetts launches the latest legal headache for Uber and Lyft
Tuesday, Massachusetts It became the second state this year to sue the Uber and Lyft companies for treating their drivers as independent contractors rather than employees. State attorney general Maura Healey told reporters that the Covid-19 pandemic prompted her to ask a state court judge to enforce a 2004 labor …
Read More »Nissan unveils fully electric Ariya crossover under response plan
Nissan Motor unveiled a new all-electric crossover called Ariya early Wednesday as part of a four-year business change plan to achieve sustainable growth, financial stability and profitability for the struggling Japanese automaker. The vehicle is one of 12 new or redesigned models that Nissan has promised to launch until 2021 …
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