CNN — More than 100 people were rescued from an overloaded vessel before it hit a sand bar in the Florida Keys, according to the US Coast Guard. The vessel hit a sand bar off Whale Harbor, the Coast Guard Southeast said in a tweet. “There are reports of people in the water and our […]
New York CNN Business — America faces a growing risk of a crippling national freight rail strike in two weeks. The rank-and-file members of the nation’s largest rail union, which represents the industry’s conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. The nation’s second-largest rail union, which represents engineers, ratified […]
New York CNN Business — In 2019, Air Company made a splash when it launched vodka derived from recaptured carbon, in an effort to reduce the amount of the harmful greenhouse gas in the atmosphere. Today, the Brooklyn-based startup has begun using the same process to make fuel for airplanes. Air Company’s sustainable aviation fuel, […]
China staged a low-key but historic debut of its C919 civil jet at its biggest airshow on Tuesday, with some delegates unable to attend the scaled-down event because of Beijing’s zero-Covid policy as cases reached the highest level in six months. In a reminder of the continuing health crisis slowing China’s return to global aviation, […]
London CNN Business — Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even more customers as Europe falls into a recession. The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat […]
Hong Kong/London CNN Business — German Chancellor Olaf Scholz will arrive in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. In a whirlwind one-day visit, Scholz is expected to meet with Chinese leader Xi Jinping and Premier Li Keqiang in Beijing. […]
CNN — At 87 years old, Sylvia Earle has no retirement plans. The celebrated oceanographer, who holds the world record for deepest untethered walk along the seafloor, has spent more than seven decades exploring the ocean. As one of world’s most outspoken advocates for protecting it, she’s not ready to stop yet. “I’m still breathing, […]
London CNN Business — The spike in shipping rates since the onset of the pandemic has been a huge boon for Maersk. But the Danish shipping giant is warning its business will have to endure tougher times soon. The company said Wednesday that a looming global recession is expected to reduce container demand by between […]
CNN Business — Delta Air Lines pilots intensified their push for improved pay by insisting they will strike if they do not get a new contract. With 96% of members participating in an Air Line Pilots Association union vote, 99% of Delta pilots “authorized union leaders to call a strike, if necessary, to achieve a […]
A US judge in Texas ruled on Friday that people killed in two Boeing (BA) 737 MAX crashes are legally considered “crime victims,” a designation that will determine what remedies should be imposed. In December, some crash victims’ relatives said the US Justice Department violated their legal rights when it struck a January 2021 deferred […]