Boeing’s bad year continues. As CNN Business pointed out Tuesday, the world’s largest planemaker reported zero new orders for planes in April. Unsurprisingly, Boeing received no new orders for its embattled 737 Max jet, which has been under intense scrutiny following the deadly Lion Air and Ethiopian Airlines crashes. But...
Nearly three years after he was arrested in late 2016 for allegedly strangling his girlfriend on a business trip, Monster Energy executive Brent Hamilton has been ousted from the company, according to four people familiar with the situation. His recent departure came after a female co-worker allegedly accused Hamilton...
An effort to unionize workers at Delta Air Lines is facing major pushback from the company, including literature suggesting workers would be better off spending their union dues on video games, alcohol and sports. Delta workers have described a full-court anti-union press: advertisements playing nonstop in break rooms, weekly...
May 13 (Reuters) - Impossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it has raised $300 million in the latest round of funding ahead of a possible initial public offering. The fundraising underscores the growing...
Mercedes-Benz owner Daimler AG has set the most ambitious target of any major automaker to cut its planet-warming emissions, promising a fully carbon-neutral fleet of passenger cars by 2039. The German company said Monday that electric vehicles will make up more than half its total car sales by...
VIEQUES, Puerto Rico ― It looks like something out a brochure advertising what renewable energy could offer a remote, storm-ravaged island. Electrical lines still hang perilously from poles across the street, but inside the mint-green, one-story Ciudad Dorada senior center, fans blow cool air and refrigerators stocked with insulin...
Party City announced it will permanently shutter 45 of its stores amid a helium shortage that had literally deflated its balloon sales, although the company does not blame the closures on that sinking supply.  The company, which runs roughly 870 locations, said Thursday that the closures will take place...
BEIJING (AP) — President Donald Trump’s latest tariff hikes on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade strains. The Trump administration raised import taxes on $200 billion of Chinese imports from 10% to 25%. China’s...
Three Muslim Somali women employed at an Amazon warehouse outside Minneapolis filed a federal discrimination complaint against the company this week, alleging they faced retaliation from managers after protesting their work conditions. The women say Amazon violated the Civil Rights Act of 1964 by failing to accommodate their religious...
A year ago at the UnitedHealth Group offices at 1 Penn Plaza in midtown Manhattan, Wali Omarkheil, a 43-year-old regional marketing director, gathered with five of his colleagues to meet their new supervisor, Josiane Peluso. But before Peluso even introduced herself to her new team, she complained to...