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FAA chief confirms agency did not approve Boeing wiring bundles proposal
WASHINGTON (Reuters) – Federal Aviation Administration chief Steve Dickson confirmed Wednesday the agency has rejected Boeing Co’s <BA.N> proposal to leave wiring bundles in place on the grounded 737 MAX. Last month, Boeing told the FAA it did not believe it needs to separate or move wiring bundles on its grounded 737 MAX jetliner that […]
Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade – sources
By Mike Spector NEW YORK (Reuters) – J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter. The Plano, Texas-based company has access to enough cash to survive in […]
France to have growth of 1.3% in 2019 and 2020: Le Maire tells paper
PARIS (Reuters) – French economic growth should come in at 1.3 percent for both 2019 and 2020, the country’s finance minister, Bruno Le Maire, told Le Journal du Dimanche newspaper in an interview. Le Maire said France had a “good and solid” economic outlook, in spite of global trade tensions and a possible hit caused […]