EU News Digest Latest News & Updates
Stephen Brashear | Getty Images A protestor walks past a caricature made of coffee cups outside of the Starbucks Annual Shareholders Meeting at McCaw Hall, on March 21, 2018 in Seattle, Washington. For decades, the company has offered a 10 cent discount to customers who bring in cups. Despite the …
Read More »Lion Air Boeing 737 saved by off-duty pilot a day before crash: Report
Dimas Ardian | Bloomberg | Getty Images A Lion Air Boeing Co. 737 Max 8 aircraft, right, stands on the tarmac at Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 12, 2019. One day before the deadly crash of a Lion Air plane on Oct. 29 last year, pilots …
Read More »Transportation Department seeks audit of FAA’s certification of Boeing 737 Max
Anna Moneymaker | Bloomberg | Getty Images Elaine Chao, U.S. secretary of transportation, delivers the keynote speech during the U.S. Chamber of Commerce Aviation Summit in Washington, D.C., March 7, 2019. The U.S. Department of Transportation on Tuesday asked the agency’s watchdog to audit the Federal Aviation Administration’s approval of …
Read More »FedEx Q3 Earnings 2019
Shares of FedEx dropped more than 4 percent after the bell Tuesday after missing on the top and bottom line. Here’s how the company did compared to what Wall Street expected: Earnings per share: $3.03, vs. $3.11 expected , according to analysts surveyed by Refinitiv. Revenue: $17.0 billion, vs. $17.67 …
Read More »Netflix CEO breaks with big tech, saying it’s actually a media company
Getty Images Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Netflix CEO Reed Hastings broke with his big tech peers Monday when he argued the company is actually more of a media operation than a tech …
Read More »ABB-backed Automata launches Eva robot to replace ‘tasks, not jobs’
Automata Technologies Eva, a robotic arm developed by U.K. start-up Automata Technologies, is perched on a table near a laptop. Tucked away in a small converted warehouse in London is the office of Automata, a British start-up working on a machine it thinks might shake up the industrial robotics space. …
Read More »Canada re-examining Boeing Max approval after FAA certification probe
Yuriko Nakao | Getty Images Boeing 737 MAX9 takes part in a flying display over the Le Bourget Airport during the 52nd International Paris Air Show on June 22, 2017, in Paris, France. Transport Canada is re-examining the validation it gave Boeing’s 737 Max jets, following reports of a U.S. …
Read More »Warner Bros. CEO Kevin Tsujihara ousted after sexual misconduct allegations
David Paul Morris | Bloomberg | Getty Images Kevin Tsujihara, chairman and chief executive officer of Warner Bros Entertainment Inc. WarnerMedia said Warner Bros. Chairman and CEO Kevin Tsujihara has been ousted after an investigation into sexual misconduct allegations, saying this move was in the “best interest” of the company. …
Read More »3M to restructure business into four units
Koen van Weel | AFP | Getty Images Exterior of the Dutch head office of international technology company 3M in Delft, Netherlands. 3M said on Monday it would restructure its business into four operating units from five, as it looks to sharpen its focus on customers and boost growth. The …
Read More »Activists call on NAACP to drop Jussie Smollett’s Image Award nom
Tasos Katopodis | Getty Images Jussie Smollett attends the Thurgood Marshall College Fund gala on Oct. 23, 2017 in Washington, DC. A black conservative group is calling on the National Association for the Advancement of Colored People to drop Jussie Smollett from the list of nominees for an Image Award …
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