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AB InBev to acquire 85% stake in beverage maker BeatBox for $490 million
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Saturday, November 29
by
SRN News
Shoppers spend billions on Black Friday to snag holiday deals, despite wider economic uncertainty
NEW YORK (AP) - Despite wider economic uncertainty hovering above this year's holiday season, shoppers turned out in big numbers for Black Friday - spending billions of dollars both in stores and online. Adobe Analytics, which tracks e-commerce, said U.S. consumers spent a record $11.8 ...
Saturday, November 29
by
SRN News
Ukraine’s naval drones strike Russian oil tankers in the Black Sea off the Turkish coast
ISTANBUL (AP) - Ukraine used domestically produced Sea Baby naval drones to strike two Russian oil tankers in the Black Sea, an official from Ukraine's security services told The Associated Press on Saturday. The two oil tankers, Kairos and Virat - said to be part ...
Saturday, November 29
by
SRN News
China’s central bank vows crackdown on virtual currency, flags stablecoin concerns
BEIJING, Nov 29 (Reuters) - China's central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins. The People's Bank of China (PBOC) said at a coordinating meeting on ...
Saturday, November 29
by
SRN News
Consumers should do their research before giving in to Travel Tuesday temptation
NEW YORK (AP) - Chain stores have Black Friday. Online marketplaces have Cyber Monday. For local businesses, it's Small Business Saturday. In the last 20 years, more segments of the retail industry have vied for their own piece of the holiday shopping season. The ...
Saturday, November 29
by
SRN News
Airbus eases estimate of A320 recall impact, sources say
PARIS, Nov 29 (Reuters) - Airbus is telling airlines that emergency repairs to some of the A320 jets affected by a major recall may be less burdensome than first thought, industry sources said on Saturday. Although some 6,000 jets remain impacted overall, a sub-set ...
Saturday, November 29
by
SRN News
Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports
Nov 29 (Reuters) - U.S. chipmaker Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a next-generation memory manufacturing facility in western Japan to support artificial intelligence computing, Nikkei reported on Saturday Reuters could not immediately verify the ...
Saturday, November 29
by
SRN News
Airbus A320 recall disrupts Asian travel as carriers scramble to patch software
By Tim Kelly and Abhijith Ganapavaram Nov 29 (Reuters) - Asian airlines scrambled on Saturday to fix a software glitch on their Airbus A320 jets as a sweeping recall by the European planemaker grounded aircraft across the region after disrupting travel in the U.S. during ...
Friday, November 28
by
SRN News
Factbox-Global airlines affected major A320 recall by Airbus
(Reuters) -Europe's Airbus has ordered immediate repairs to 6,000 of its widely used A320 jets in a sweeping recall affecting more than half the global fleet, threatening upheaval during the busiest travel weekend of the year in the U.S. and sparking disruption worldwide. The fix ...
Friday, November 28
by
SRN News
Bankrupt Yellow settles with pensions that sought billions
By Dietrich Knauth NEW YORK (Reuters) -Yellow Corp has reached settlements with 14 pension plans that had sought over $7.4 billion from the bankrupt trucking company. The pension plans agreed to take a reduced payment, which will end years of litigation over claims that Yellow ...
Friday, November 28
by
SRN News
American Airlines says Airbus software issue to impact 340 aircraft
(Reuters) -American Airlines said on Friday it expects some operational delays due to a major software change on a significant number of Airbus A320 jets, adding that the issue impacts about 340 aircraft at the carrier. The carrier said it expects the vast majority of ...
Friday, November 28
by
ABC News
Will AI ever make big profits? Experts weigh in as bubble fears loom
(NEW YORK) -- Fears of an artificial intelligence bubble have rattled the stock market in recent weeks and set off concern among critics about a wider risk to the U.S. economy.A surge of AI spending accounted for roughly two-thirds of gross domestic product growth ...
Friday, November 28
by
SRN News
Airbus A320 repairs must be before next flight, bulletin shows
PARIS (Reuters) -Airlines affected by a sweeping recall of Airbus A320 jets to fix a software glitch must carry out the work before the next flight, excluding any re-positioning flight to a repair base, an Airbus bulletin to airlines showed on Friday. The document, ...
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