EU News Digest Latest News & Updates
Jack Taylor | Getty Images Passengers wait in the South Terminal building at London Gatwick Airport on December 21, 2018 in London, England. London Gatwick again halted departures and arrivals on Friday after reports of another drone sighting near the airfield of the second-busiest airport in Britain snarled travel during …
Read More »GM hints it could negotiate a way to keep one or more plants open
Jeff Swensen | Getty Images An exterior view of the GM Lordstown Plant on November 26, 2018 in Lordstown, Ohio. GM said it would end production at five North American plants including Lordstown, and cut 15 percent of its salaried workforce. The GM Lordstown Plant assembles the Chevy Cruz. At least …
Read More »Gymboree reportedly shopping for bankruptcy loan
David Paul Morris | Bloomberg | Getty Images Pedestrians walk past a Gymboree store in San Francisco, California. Gymboree is seeking a bankruptcy loan to keep some of its stores open while it looks for a buyer, according The Wall Street Journal. People familiar with the matter told the Journal …
Read More »Boeing inks two MAX 8 deals worth a maximum $17.6 billion
Simon Dawson | Bloomberg | Getty Images Spectators watch a Boeing Co. 737 Max 7 jetliner land on the opening day of the Farnborough International Airshow 2018 in Farnborough, U.K., July 16, 2018. Boeing announced Friday it had inked two separate deals to sell up to 150 of its popular …
Read More »Conagra shares crater as Pinnacle deal fails to boost growth
Daniel Acker | Bloomberg | Getty Images In the Pinnacle Foods deal, Conagra gained brands such as Birds Eye, Hungry-Man, Aunt Jemima Frozen Breakfast, and Armour brand frozen foods. Shares of Conagra Foods nosedived 17 percent Thursday, hitting a 52-week low, after the company missed revenue estimates, citing hurricane effects …
Read More »Drone sightings shut down Britain’s Gatwick airport
Dan Kitwood | Getty Images Passengers wait for announcements at Gatwick South Terminal on December 20, 2018 in London, England. Authorities at Gatwick closed the runway after drones were spotted over the airport on the night of December 19. Drone sightings kept London Gatwick Airport closed for a second day …
Read More »Apple appoints AI chief John Giannandrea to exec team
Bloomberg | Getty Images John Giannandrea, senior vice president of artificial intelligence and machine learning strategy at Apple, speaks at the TechCrunch Disrupt 2017. Apple on Thursday said John Giannandrea, the company’s recently appointed senior vice president of artificial intelligence and machine learning strategy, is now part of the company’s …
Read More »Democrats will hold 12 debates for the 2020 presidential contest
George Frey | Getty Images DNC Chairman Tom Perez, speaks to a crowd of supporters at a Democratic unity rally at the Rail Event Center on April 21, 2017 in Salt Lake City, Utah. The Democratic National Committee announced on Thursday that it will sanction 12 upcoming presidential primary debates, …
Read More »Treasury Secretary Mnuchin says market reaction to rate hike ‘overblown’
Al Drago | Bloomberg | Getty Images Steven Mnuchin, U.S. Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the U.S. Treasury in Washington, D.C. Treasury Secretary Steven Mnuchin on Thursday said that the stock market’s plunge after the rate hike announced by Federal Reserve Chairman Jerome …
Read More »USDA lays out the rules for labeling for genetically modified foods
Chip Somodevilla | Getty Images Delegate Vani Hari holds signs that say ‘Label GMOs’ during day two of the Democratic National Convention at Time Warner Cable Arena on September 5, 2012 in Charlotte, North Carolina. As early as Jan. 2020, consumers around the U.S. will see labels on food products …
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