Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy
The troubled firm reportedly told investors in November its liabilities had outstripped its assets.
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What Fliers Need to Know About the Grounding of Some 737 MAX Flights
Updated Jan. 8, 2024 11:17 am ET Travelers on Monday faced heavy flight cancellations by United and Alaska airlines, one of several ripple effects from the weekend grounding of the Boeing 737 MAX 9. United Airlines canceled more than 220 flights, or 8% of flights, Monday, according to flight tracker FlightAware. Alaska Airlines canceled about…
Las Vegas Hotel Workers Are Prepared To Shut Down Much Of The Strip
Thousands of service workers in Las Vegas are preparing to go on strike Friday if they can’t settle new contracts with two of the city’s major hotel and casino operators. The Culinary Workers Union said it reached a tentative agreement on a new contract with Caesars Entertainment early Wednesday after 20 hours of bargaining. But…
Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes
Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…
Boeing’s mid-flight blowout a big problem for company
The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker.
Is Hybrid Work Here to Stay? What Companies Are Betting On in 2025
When the pandemic forced millions of people into home offices, few could have predicted that remote work would reshape the future of business. Now, five years later, “hybrid work” has emerged as the dominant model. But is it here to stay, or will companies eventually pull everyone back to the office? As we move through…
Nine months after scandal, publishers are still sorting out a plagiarism mess
This week, Simon & Schuster finally published “The Book of Animal Secrets: Nature’s Lessons for a Long and Happy Life,” the highly anticipated book by USC’s Dr. David Agus whose release was suspended after the manuscript was found to contain numerous instances of plagiarism. The new version of the book differs subtly from the one…
