Former Uber CEO Names Two Directors Without Consulting Board Kalanick asserts right to pick directors as questions swirl Company calls the appointments ‘a complete surprise’ Travis Kalanick. Photographer: Qilai Shen/Bloomberg Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick named two new directors without consulting the company’s new leader or other existing board members, ratcheting
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Bombardier Dives on Blow to $6 Billion Bet-the-Company Jetliner
U.S. slaps Bombardier C Series with 220% tariffs after Boeing complaint Canadian company’s trains sidelined by Siemens-Alstom deal (Bloomberg) - Bombardier Inc. plunged the most in almost two years after the U.S. levied import duties on the Canadian company’s priciest jet, rattling some of Washington’s closest allies and aggravating a trade
Nigeria @ 57: Which Way?
U.S. auto sales for September to be highest in 2017
China sets target for electric car quota but delays roll-out
FILE - In this April 26, 2016, file photo, a staff member stands next to an e.Cool electric SUV by Chinese automaker Changjiang on display at the Beijing International Automotive Exhibition in Beijing. China has stepped up pressure on automakers to accelerate development of electric cars by raising the first-year
How Amazon’s warehouses are taking over America
This map of Amazon's warehouse locations shows how it's taking over America ....Amazon now has 140 warehouses built or planned across the US. Amazon is expanding its reach across America. The ecommerce giant now has 140 fulfillment centers where they pack and ship a myriad of goods. The warehouses range from large-scale centers where
Toyota to form electric car technology venture with Mazda
TOKYO (Reuters) - Toyota Motor Corp has established a new venture to develop electric vehicle technology with partner Mazda Motor Corp, seeking to catch up with rivals in an increasingly frenetic race to produce more battery-powered cars. Policymakers in key markets like China are pushing a shift to electric cars over
Malaysia Airlines to buy 35 wide-bodied planes
Ryanair cancels more flights, affecting 400,000 customers
LONDON – Budget airline Ryanair cancelled another 18,000 flights on Wednesday, deepening its woes over its mismanagement of pilots' holiday schedules. The Irish carrier, Europe's biggest by passengers carried, says 34 routes will be suspended from November to March 2018, affecting some 400,000 customers who have already booked flights. Under the airline's
