United Airlines warns 14,000 employees at risk as federal aid expires
US carrier United Airlines has warned that approximately 14,000 employees are at risk of losing their jobs as federal aid expires this spring.
United Airlines...
Ford to begin manufacturing its electric Mustang in China
US automaker Ford has announced that it will start manufacturing its electric Mustang in China for the first time.
According to Ford, it will start...
Retail industry forecast: 10,000 US stores will close in the US this year
The retail industry will face 10,000 store closures in 2021, according to Coresight Research.
The retail research and advisory group suggests that the figure would...
Low-cost airlines with domestic flights to recover faster than big ones
Low-cost airlines that fly domestically are expected to recover faster than their big, full-service counterparts.
“There will be failures due to lack of ‘oxygen,’” Peter...
Apple sales surged in Q4 despite the Covid-19 pandemic
Tech giant Apple has reported an increase in sales during the fourth quarter despite the impact of the Covid-19 pandemic.
With consumers purchasing its latest...
Boeing reports record loss of over $11.9 billion in 2020
Aircraft manufacturer Boeing has reported a record net loss of more than $11.9 billion in 2020 after pushing the launch of its 777X plane...
PepsiCo, Beyond Meat form partnership for plant-based snacks and drinks
Food and beverage giant PepsiCo has formed a partnership with Beyond Meat to develop and distribute plant-based snacks and drinks.
With the partnership with PepsiCo,...
Boohoo acquires Debenhams brand, website but not stores
Fashion retailer Boohoo has acquired the Debenhams brand and its website for £55 million but will not take its stores or its workforce.
Boohoo explained that...
Former manager Ed Pierson says Boeing 737 Max clearance 'too early'
Ed Pierson, a former senior manager at the Boeing 737 Max plant in Seattle, says granting clearance to aircraft was too early.
According to Pierson,...
Amazon advocating for in-person voting on union amidst the pandemic
E-commerce giant Amazon has filed a motion with the the National Labor Relations Board (NLRB) to hold in-person voting on whether to form a...
